Browsing Tag
Business
32 posts
Anthropic hits $380 billion valuation after $30 billion funding round
The race to fund the future of AI is accelerating and the numbers keep getting bigger. The San…
Apple hits $4 trillion valuation as iPhone 17 drives market surge
Apple becomes third company in history to crack $4 trillion market value
OpenAI completes for-profit restructuring, gives Microsoft 27% stake at $500B valuation
OpenAI, the firm behind the wildly popular ChatGPT, has finalized a massive corporate overhaul, completing its conversion to…
Astronomer CEO Andy Byron resigns after viral Coldplay concert scandal
Andy Byron has stepped down as CEO of Astronomer after being seen in a viral concert video that…
UAE’s Masdar acquires Greece’s Terna Energy for €3.2 billion in major clean energy deal
Abu Dhabi-based Masdar has completed its €3.2 billion acquisition of Greece's Terna Energy
LEAP 2025 wraps up in Riyadh with $25 billion in tech investments
Global tech event LEAP 2025 concluded in Riyadh with the announcement of $25 billion in tech investments.
OpenAI rejects $97.4 billion Musk bid, saying company is ‘not for sale’
ChatGPT maker OpenAI’s board of directors has formally rejected an offer from a group of investors led by…
DeepSeek’s AI breakthrough sparks $1 trillion tech stock selloff, Nvidia loses $600 billion in market cap
Chinese AI startup DeepSeek has shaken the foundations of AI industry, igniting a massive selloff that wiped $1 trillion from global stock markets.
UAE fintech Jingle Pay to launch in Pakistan as Bank Alfalah acquires 9.9% stake
Jingle Pay is set to launch its digital banking services in Pakistan after Pakistan's Bank Alfalah acquired 9.9% equity stake in the UAE-based fintech
Microsoft plans to invest $3 billion to expand AI and cloud infrastructure in India
Microsoft is making a bold move to accelerate India’s AI-driven growth, announcing a $3 billion investment in cloud and AI infrastructure over the next two years.