Microsoft will eliminate 4,800 positions as AI grow
As the Windows developer makes large investments in AI infrastructure and uses the technology to increase efficiency across its business...
Microsoft
Elon Musk loses trillionaire status after SpaceX drop slashes his fortune by $50 billion
Elon Musk lost his trillionaire status on Wednesday when a decline in SpaceX shares caused his worth to tumble by...
Plans to develop a cloud company and sell AI capacity cause Meta’s stock to increase 9%
The technology giant Meta soared 9% on Wall Street this Wednesday in mid-session after learning of its plans to create...
Microsoft and the Pentagon enter into a $9.69 billion deal
According to authorities, the Pentagon announced a five-year, $9.69 billion deal on Wednesday to combine business software licenses from Microsoft...
Elon Musk’s lawsuit against OpenAI is dismissed
In Elon Musk's case against OpenAI, a U.S. jury found on Monday that the artificial intelligence firm is not accountable...
Microsoft and OpenAI amend their agreement to enable the firm to draw in Amazon and other investors
Microsoft and OpenAI have renegotiated an agreement that gives Microsoft the only right to sell the AI models created by...
Alphabet plans to sell US bonds in order to raise about $15 billion
Bloomberg News said Monday that Alphabet is looking to raise about $15 billion by selling highly rated US dollar-denominated notes,...
Investment could double by 2026 and the cloud is growing strongly: Alphabet
Alphabet, the parent company of Google, announced on Wednesday that capital spending could quadruple this year. This is another dramatic...
For the first time, Walmart’s market capitalization surpasses $1 trillion
Leveraging a year-long surge that has seen its shares gain about 26%, Walmart became the first retailer to hit a...
Market value of gold & silver surpasses that of Nvidia, Alphabet, and Apple together
According to Market Cap, gold has a market capitalization of $35.4 trillion, while silver reaches $6.3 trillion. Large companies such...
