AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in cash
Browsing: Business
OpenAI’s soon-to-be CEO of Applications Fidji Simo is in the spotlight as the company plans to prepare for an initial public offering
In this list, we take a look at some of the most impactful CFOs and the impressive compensation packages that reflect their crucial roles in shaping the financial future of their companies
Jensen Huang had some harsh words to share about the U.S.’ export controls of AI to China. Huang reportedly called the export controls of AI to China “a failure.”
Surpasses fellow Indian Americans in the tech world like Satya Nadella ($79.1 million) and Sundar Pichai ($10.7 million)
Blackstone Infrastructure agreed to reportedly acquire New Mexico utility owner TXNM Energy Inc. for about $5.7 billion
Biotechnology company Regeron is reportedly acquiring DNA-testing company 23andMe for $256 million.
President Donald Trump revealed that he told Apple CEO Tim Cook that he didn’t want Apple to shift production to India from China.
The motion argues that the Federal Trade Commission (FTC) has failed to provide evidence that Meta unlawfully monopolized part of the social networking market through its acquisitions of WhatsApp and Instagram.
The major companies and brands that abandoned X/Twitter when Elon Musk took over are fighting back at his decision to sue them.
Crypto giant Coinbase said during a legally-required filing with U.S. regulators, that its systems have been breached, and customer data, including government-issued identity documents, were stolen.
On Friday, CoreWeave announced a new $4 billion deal with OpenAI to grow its cloud computing capacity for handling artificial intelligence, according to Bloomberg.
“Perplexity wants to be wherever users are asking questions and making decisions,” said Ryan Foutty, Perplexity’s vice president of business. “Our vision for assistive AI is that everything just gets better and easier for people — wherever they are and however they prefer to make decisions.”
Tesla’s board created a new “special committee” to explore a new CEO pay package for Elon Musk
The deal underscores a broader shift in the U.S.-Saudi relationship, with a growing focus on innovation and industry.
Nvidia’s valuation reached a thumping $3 trillion for the first time since February, with the company’s stock rising by 6% on Wednesday.
It is expected that this deal would make Databricks more attractive to businesses that want to create their own AI bots.
“Many of the issues standing in the way of achieving our goals as well as our opportunities are largely within our control,” former CEO Stephen Hemsley said on a call with investors.
Urvashi Shivdasani, an Indian American finance executive with over two decades of cross-industry expertise has joined creative agency R/GA as its new Global Chief Financial Officer.
This AI Zone is believed to be the first of its kind and is expected to bring together multiple innovative capabilities, including dedicated AWS AI infrastructure and servers with world-class semiconductors.
The Saudi government on Tuesday announced a massive $600 billion investment in U.S. defense, transportation, energy, and IT infrastructure.
Nvidia CEO Jensen Huang may well be on his way to dethroning Elon Musk as the richest man in the world — his personal net worth reportedly jumped to around $120 billion
California-based financial services company Robinhood Markets has agreed to buy Canadian crypto firm WonderFi for $178.98 million.
Microsoft said on Tuesday that it is laying off 3% of its employees from all over the world, at different levels and teams.
AI chipmaker Nvidia announced it would sell more than 18,000 of its latest artificial intelligence chips to Humain.