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The Tiger Global Management megafund that made more than 200 investments during the peak of the pandemic-era startup boom was ...
Klarna, the Swedish buy-now pay-later fintech firm, is pulling back on AI as a replace for customer service staff. In an interview with Bloomberg , CEO Sebastian Siemiatkowski said Klarna’s emphasis ...
The U.S. Treasury Department is reviewing Silicon Valley venture capital firm Benchmark’s recent investment in the Chinese startup behind the hit artificial intelligence agent Manus, Semafor reported.
Rippling has raised $450 million in a round valuing the payroll company at $16.8 billion including the investment, bringing in new investors Goldman Sachs, Singaporean sovereign wealth fund GIC and ...
OpenAI’s decision on Monday to change course on its corporate restructuring looks to be a smart business choice. OpenAI has ...
President Donald Trump said in a social media post Friday that an 80% tariff on imports from China “seems right,” signaling his support for a sharp reduction from the current 145%. Trump’s remark ...
OpenAI CEO Sam Altman on Thursday told a U.S. Senate committee that the U.S. government doesn’t need to set standards for how AI should be developed, Politico reported . The comments appear to diverge ...
Warner Bros. Discovery’s revenues fell 10% in the first quarter, while net income dropped by about half, as growth in streaming was more than offset by sharp declines in WBD’s traditional cable TV ...
Lawyers for Elon Musk asked the court overseeing his breach of charitable trust lawsuit against OpenAI to throw out the ChatGPT maker’s countersuit, which alleged that Musk had engaged in unfair ...
As OpenAI seeks to overhaul its corporate structure, it also expects to slash the revenue share Microsoft receives by at least half by decade’s end, The Information reported . Microsoft, whose servers ...
Coinbase announced it has agreed to buy Deribit, the world’s biggest crypto options exchange, for $2.9 billion, the biggest merger deal ever in the crypto industry. The deal will allow Coinbase to ...
Trading platform eToro said Monday it’s launching the roadshow for its initial public offering, making it one of the first companies to move forward with their listing plans after tariff-induced ...
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