Nvidia’s profits for the quarter increased by 65% to $31.91 billion
Driven by its data center business, US chipmaker Nvidia posted a profit of $31.91 billion in the third quarter of...
Brookfield, Nvidia, and other partners will invest up to $100 billion in AI
The Kuwait Investment Authority (KIA) and Nvidia have formed an inaugural fund to raise $10 billion, and the Canadian company...
Intuit will pay OpenAI $100 million in a deal to integrate TurboTax and ChatGPT
Intuit, a provider of tax software, revealed on Tuesday that it will pay OpenAI over $100 million a year to...
In Arizona, Tesla is authorized to function as a transportation network company
The state Department of Transportation said on Tuesday that Tesla has been granted permission to function as a transportation network...
Amazon wants to sell US bonds in order to raise $12 billion
As big tech corporations increase their spending to develop artificial intelligence infrastructure, Bloomberg News reported on Monday that Amazon intends...
Alphabet’s stock reached a record high following Berkshire’s unprecedented $4.9 billion wager
Amid mounting concerns about an imminent bubble, Berkshire Hathaway's latest investment boosted the tech giant's artificial intelligence initiatives. Causing Alphabet...
Ozempic’s monthly cost significantly decreases following the Trump deal
Following President Donald Trump's announcement of a deal with pharmaceutical companies to lower the cost of two well-known medications in...
Beginning on December 10th, Meta will prohibit Australian teenagers from using Facebook and Instagram
In accordance with Australia's stringent ban on social media for teens, Meta stated on Thursday that it will restrict access...
During a strategic assessment, Warner Bros. Discovery amends CEO Zaslav’s contract
Warner Bros Discovery said Thursday that it has revised the employment contract of its CEO, David Zaslav, while the entertainment...
In its most recent fundraising round, Elon Musk’s xAI raises $15 billion
Billionaire Elon Musk's company xAI raised $15 billion in a Series E funding round, CNBC reported Thursday, citing sources familiar...