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Nvidia, Amazon, and Microsoft are to issue term sheets for a $60 billion investment in OpenAI.
US banks may lose $500 billion to stablecoins within 24 months, posing a threat to financial stability.
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
A financial crisis that has brought numerous nations to the verge of default will force budget cuts of $220 billion on some of the world’s
Heavyweights in OPEC stated on Sunday that the industry had a part to play in a smooth energy transition and that oil and gas should
As investors closely monitor events in the Middle East to assess geopolitical risk to markets, the violence in Israel will probably cause a shift into
As a competitor to SpaceX’s broadband network, Amazon launched the first test satellites for their upcoming internet service on Friday. The launch of the two
A senior government official said on Friday that South Africa’s first virtual electricity transfer model will likely go online by the end of the year,
The $27.8 billion acquisition of Horizon Therapeutics by Amgen was finalized on Friday, according to the company, after receiving the go-ahead from the U.S. Federal
OpenAI, the maker of ChatGPT, is considering developing its own artificial intelligence chips and has even considered analyzing a potential acquisition target. However, since at
The iOS 17 system update from Apple contains a remedy to stop the iPhone 15 range from getting uncomfortable. In the patch notes that go
The social media behemoth Meta Platforms announced on Wednesday that it has begun distributing generative artificial intelligence (AI) tools that can generate content for all
Visa a company that processes payments, on Monday announced the creation of a $100 million venture fund for entrepreneurs using generative artificial intelligence (AI). After
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