Amazon confirmed that it will be doubling its investment in the San Francisco-based AI startup founded by former OpenAI executives, Anthropic. With its new investment of $4 billion, the amount…
Hyundai Motor Co. said that Jose Munoz would become president and CEO of the company as of January 1, 2025. He comes into the company after decades of industry experience…
Salesforce co-founder Marc Benioff has begun exploring the possibility of selling Time to Greek media conglomerate Antenna Group, two people familiar with the matter said. A representative of the magazine…
AppLovin Corporation is one of the few technology-based companies that are well fare as far as the stock price is concerned. This is because the stock price of the firm…
Consultancy firm Knight Frank announced that it has appointed two senior leaders to its consulting team in the Middle East: Clare Moukabaa as partner and Konstantinos Papadakis as associate partner.…
Tesla Cybercab concept was unveiled by the company's chief executive Elon Musk during a recent invitation-only event held at Warner Bros. Studio in Burbank, California. Inside a venue called the…
OpenAI sealed down a desired $4 billion revolving line of credit, pushing the total liquidity of the company over the $10 billion mark. This is after it closed a funding…
OpenAI CFO Sarah Friar is attempting to soothe investor jitters with assurances that the company is well-positioned, even after some big executive departures. In a letter to investors obtained by…
Distance Technologies, a Finnish startup that deals with integrating mixed reality technology in car windshields and the cockpits of aircraft, has sealed off a €10 million ($11.1 million) seed round…
The Swiss National Bank (SNB) slashed its key interest rate by 25 basis points to 1.0% yesterday on Thursday. This move comes as the third interest rate cut this year…
