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29Jan

Nvidia, Amazon, Microsoft in Talks to Invest $60B in OpenAI, The Information reports

Nvidia, Amazon, and Microsoft are in talks to invest up to $60 billion in OpenAI, ‌The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI's AI models,…

29Jan

Norfolk Southern Q4 profit rises on cost cuts despite weak freight demand

Norfolk Southern reported a rise in fourth-quarter profit on Thursday on cost controls amid uneven freight demand and persistent macroeconomic strain. The results come after the U.S. Surface Transportation Board…

29Jan

Ameriprise Q4 Profit Jumps 10% as AI Rally Lifts Assets to Record High

Asset and wealth manager Ameriprise Financial reported a 10% rise in its fourth-quarter profit on Thursday, as an artificial intelligence-fueled market rally boosted the value of ‌its fee-generating assets to…

29Jan

Comcast Loses More Broadband Users Than Expected as Rivals Turn Up the Heat

Comcast lost more broadband customers than expected in the fourth quarter, as rivals lured away consumers with aggressive offers, piling pressure on the company's mainstay business. Promotional campaigns by high-speed…

29Jan

Mastercard Q4 profit jumps on strong consumer spending

Mastercard posted a rise in fourth-quarter profit on Thursday, as sustained consumer spending drove up its transaction volumes. Household spending has remained resilient despite tariff-fueled ‌uncertainty, as consumers continue to…

29Jan

Blackstone tops Q4 profit estimates as dealmaking and data centers surge

Blackstone, the world's largest alternative asset manager, beat Wall Street expectations for fourth-quarter profit on Thursday, as it cashed in on heightened dealmaking activity and saw growth in its data…

29Jan

Tesla to Invest $2B in Musk’s xAI, Cybercab on Track for 2026

Tesla said on Wednesday it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI - and that production plans for its Cybercab robotaxi were on track for this…

29Jan

SoftBank in talks to invest up to $30B more in OpenAI

SoftBank Group Corp is in talks to invest as much as an additional $30 billion in OpenAI, a person familiar with ‌the matter said on Tuesday, as the Japanese conglomerate…

29Jan

Amazon accidentally tips off AWS staff to looming layoffs with early email invite

San Francisco: Amazon on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and team-wide meeting invitation…

29Jan

Altman Criticizes ICE Crackdown as “Too Far” in Internal Message

OpenAI CEO Sam Altman told employees in an internal message that ICE is "going too far" with its immigration crackdown, becoming the latest corporate executive to voice concerns about heavy…

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