Meta is finalizing a record $30 billion financing deal with Blue Owl Capital to build its massive Hyperion AI data center in rural Louisiana by 2029.
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Lyft is expanding its global footprint with a new Toronto tech hub, European acquisitions, and plans to integrate autonomous vehicles to drive future international growth.
A dispute between China and the Netherlands over chipmaker Nexperia threatens to disrupt U.S. auto production, with major automakers warning of global supply chain impacts.
Former US ambassador to India to serve as independent director at leading global asset management firm
Crypto company Kraken has stated it has acquired futures exchange Small Exchange from IG Group for $100 million
The Wall Street is entering a new era of artificial intelligence, and its effects on the workforce are starting to take shape
Apple executive Ke Yang, who recently led the company’s AI-driven web search team “Answers, Knowledge and Information,” is leaving to join Meta amid intensifying AI talent wars.
Viven, an AI startup by Eightfold’s co-founders, raises $35M to create digital twin technology that boosts workplace collaboration and preserves organizational knowledge.
Nestlé’s new CEO Philipp Navratil announces a global restructuring with 16,000 job cuts, targeting 3 billion Swiss francs in savings to restore growth and investor confidence.
Finnish health tech firm Oura raises $900 million at an $11 billion valuation to expand AI-driven innovations, global reach, and proactive health technologies.
Top CEOs insist that relentless hours and intense dedication are non-negotiable for those aiming for the corner office
Automaker Stellantis announced an investment of $13 billion as it seeks to expand its manufacturing footprint in the U.S
Tesla CEO Elon Musk is headed to the Delaware Supreme Court to defend his absurdly high pay package
AI-driven document intelligence startup Reducto raises $75 million in Series B funding led by Andreessen Horowitz to advance its vision-language model-powered document processing platform.
Walmart partners with OpenAI to enable Instant Checkout through ChatGPT, marking a major step toward personalized, AI-driven e-commerce experiences.
PayPay, Japan’s leading mobile payment app backed by SoftBank, prepares for a U.S. IPO, showcasing its growth, cashless innovation, and expanding financial services ecosystem.
Goldman Sachs to acquire Industry Ventures for $965M, gaining one of the largest U.S. venture capital portfolios and expertise in secondary and hybrid fund investing.
Lila Sciences, an AI startup, is redefining scientific discovery by combining advanced AI, autonomous labs, and robotics to accelerate breakthroughs across multiple industries.
General Motors faces a $1.6 billion loss as it scales back EV production amid dwindling government support, slower adoption, and changing U.S. policy on electric vehicles.
Shah Capital renews pressure on Novavax board, saying the biotech’s underperformance calls for a strategic sale to unlock value.
NASA’s Jet Propulsion Laboratory has laid off 550 employees, about 10% of its workforce, as part of a broad realignment to secure its future operations.
Alphabet, Google’s parent company, will invest $15 billion to build a massive AI data center in Visakhapatnam, marking its largest global AI hub outside the U.S.
OpenAI and Broadcom are collaborating to build and deploy 10 gigawatts of custom AI accelerators, scaling global AI infrastructure with enhanced efficiency, performance, and intelligence.
Warner Bros. Discovery has rejected a $20-per-share takeover bid from Paramount Skydance, calling it “too low,” as industry consolidation and streaming competition intensify.
Former OpenAI CTO Mira Murati’s AI startup, Thinking Machines Lab, faces a major shake-up as co-founder Andrew Tulloch departs to join Meta amid aggressive talent poaching.