Microsoft on Monday released a draft code of conduct for its internal AI, which reflects the rising industry worry that businesses need to maintain human
Category: TECH
Nvidia eyes a $10 billion investment to back Anthropic’s record-breaking $100 billion debut.
Anthropic is in negotiations to include Nvidia as an anchor investor in what may be the biggest IPO in history. Anthropic is looking to raise
India’s Tata bets big with a $7.4 billion world-class AI data center campus.
A unit of Tata Consultancy Services announced on Saturday that its partners would invest up to 700 billion rupees ($7.41 billion) to construct a 1-gigawatt
TikTok maker ByteDance secures $29.6 billion mega unsecured loan in AI push.
ByteDance secured a $29.6 billion loan from nearly 30 banks on Friday. The Chinese social media giant’s bet on AI development sparked strong interest from
South Korean FX authorities scoop up $20 billion as SK Hynix repatriates $26.5 billion in listing proceeds.
South Korean foreign exchange authorities purchased roughly $20 billion in US dollars that SK Hynix sold following its $26.5 billion US depositary receipt listing in
ChatGPT Ads has achieved an annualized revenue run rate of $1 billion as global rollout takes off.
OpenAI said on Monday that its advertising division, ChatGPT Ads, has achieved an annualized revenue run rate of $1 billion as adoption increases and the
Anthropic is exploring a deal with MatX, a chip startup, to boost its internal chipmaking capabilities.
Anthropic proposed paying about $7 billion to acquire artificial intelligence chip firm MatX in order to expedite efforts to create specialized hardware for its rapidly
Meta resolves multi-state teen social media addiction lawsuit with an $18 billion settlement.
As part of a historic court settlement that ended a trial over teen social media addiction and resolved allegations made by almost every state, Meta
Apple paid $17.1 billion, or 40% of its global taxes, to Ireland in the last fiscal year.
A company filing that listed the iPhone manufacturer’s worldwide tax obligations country-by-country showed that Apple paid Ireland $17.1 billion in taxes last year, or around
Samsung Electronics expects shareholder payouts this year to surpass $80 billion, riding on the AI boom.
Samsung Electronics announced on Friday that it anticipates its shareholder payouts this year to reach up to 110 trillion won ($79.54 billion), including about 30
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