Universal Music Group shares surge following Bill Ackman’s bid
The largest record label in the world, Universal Music Group, which represents musicians like Taylor Swift and Kendrick Lamar. Had...
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Following a significant fundraising round, OpenAI is now valued at $852 billion
The artificial intelligence behemoth revealed on Tuesday that OpenAI had raised $122 billion in its most recent funding round, increasing...
Nvidia’s record data center revenue earnings surpass forecasts
Despite investor apprehension in recent weeks over the quick rate of development and growing spending on AI, Nvidia reported $68.1...
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...
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...
Skims, Kim Kardashian’s business, has raised further capital and is valued at $5 billion
Jens Grede and reality TV star Kim Kardashian launched Skims, a shapewear company valued at $5 billion. On Wednesday, the...
OpenAI looks to Amazon for a $38 billion cloud services agreement
Following a restructure last week that offered the ChatGPT manufacturer more operational and financial independence. OpenAI made its first significant...
If the $1 billion payment proposal is turned down, Musk might quit Tesla
In a Monday letter to shareholders, Chairwoman Robyn Denholm warned that if Elon Musk's $1 trillion compensation proposal was not...
Musk’s $1 billion purchase of Tesla stock causes the business to surge
As the electric vehicle manufacturer races to meet its ambitious goals in robotaxis, artificial intelligence, and robotics as it seeks...
CapitalG and Nvidia are in talks about investing in Vast Data, potentially leading to a valuation of $30 billion
CapitalG, Alphabet's growth-stage venture capital arm, and Nvidia are in talks to invest in artificial intelligence infrastructure provider Vast Data...
