Fernando Chico Pardo purchases a quarter of Banamex
A deal of 42 billion pesos was concluded between Citi and a Mexican billionaire named Fernando Chico Pardo, according to...
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Next month, Disney+ and Hulu will increase their US pricing once more
Disney plans another price increase in October for its popular streaming services, Disney+ and Hulu, the company expects to raise...
As the rivalry for AI data centers heats up, Nvidia plans to invest $100 billion in OpenAI
In a cooperation between two of the most well-known leaders in the global artificial intelligence race, chipmaker Nvidia announced Monday...
In the US, Oracle will offer TikTok security
As part of an agreement struck by the Trump administration to permit the video app to function in the US...
After a funding round, Musk’s AI company might be worth $200 billion
According to CNBC, Elon Musk's artificial intelligence business, xAI, is set to raise $200 billion in a funding round, matching...
In an unexpected move, Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs
Oracle has replaced Safra Catz, who played a key role in creating the company's cloud strategy and propelling it to...
Puma shares soar after takeover bid rumors
A person close to Artemis, the French family's holding company, said that there was no active sale process for its...
The second largest US bank boosts employee income
In keeping with its 2021 pledge, Bank of America announced Wednesday that it has increased its minimum hourly wage nationwide...
Oracle, Andreessen Horowitz, and other corporations will have a controlling share in the TikTok acquisition, according to a report
The Wall Street Journal said Tuesday that a group of investors led by Marc Andreessen's venture capital firm, Larry Ellison's...
As investors place bets on AI processors, Groq doubles its valuation to $6.9 billion
As Wall Street places significant bets on the hardware that drives artificial intelligence technologies, Groq, an AI chip startup, reported...
