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Business
35 posts
Why CoreWeave is at the center of AI selloff
CoreWeave’s sharp stock decline has exposed the financial risks behind the AI infrastructure boom, even as strong demand and a bullish Goldman Sachs call suggest the company’s outlook is more complicated than the selloff implies.
Proofpoint to acquire Varonis in $6.3 billion Cybersecurity deal
Proofpoint plans to acquire Varonis in a $6.3 billion deal to strengthen its AI security capabilitiesfcy
Elon Musk becomes World’s First Trillionaire after SpaceX’s historic $75 billion IPO
Elon Musk becomes world’s first trillionaire following the public market debut of SpaceX
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…