OpenAI Eyes $600B Compute Spend, $1T IPO Valuation
OpenAI is targeting roughly $600 billion in total compute spend through 2030, a source familiar with the matter told on Friday, as the ChatGPT maker lays groundwork for an IPO…
Visa to Acquire Prisma and Newpay in Argentina Expansion Push
Card giant Visa said on Thursday it would buy payment platforms Prisma and Newpay from private-equity firm Advent International, bolstering its presence in Argentina. The deal links Visa's global payments…
Nvidia Nears $30B Investment in OpenAI, Eyes Stake in Key Customer
Nvidia is close to finalizing a $30 billion investment in OpenAI, as the chipmaker moves to take a stake in one of its largest customers, a person familiar with the…
Apple TV Partners with EverPass to Stream Live Sports in Bars, Hotels and Gyms
Apple TV has signed a distribution agreement with EverPass Media to bring the streamer's live sports content to businesses such as bars, restaurants, hotels and gyms, the commercial sports content…
Eric Dane, ‘Grey’s Anatomy’ and ‘Euphoria’ star, dead at 53
Eric Dane, the handsome and hunky actor who steamed up primetime TV on “Grey’s Anatomy” at the height of the show’s popularity, has died, according to his publicist. He was…
Google and Sea Ltd Partner to Build AI Tools for E-Commerce and Gaming
Alphabet Inc's Google and Southeast Asian technology conglomerate Sea Ltd announced a new tie-up on Thursday that will develop artificial intelligence tools for Sea's e-commerce and gaming products. Under the…
Reliance, Adani Commit $210B to Make India an AI Powerhouse
India's biggest conglomerates are stepping up a push into AI and data infrastructure, with Reliance committing about $110 billion and Adani pledging $100 billion to position the nation as an…
Zuckerberg Denies Under-13 Access to Facebook, Instagram in Youth Addiction Trial
Meta Platforms CEO Mark Zuckerber on Wednesday repeatedly said during a landmark trial over youth social media addiction that the Facebook and Instagram operator does not allow kids under 13…
Alphabet’s Google Faces Fresh European Union Antitrust Scrutiny Over Ad Pricing
Alphabet unit Google risks another EU antitrust headache as regulators said they are concerned that the U.S. tech giant may be unfairly driving online advertising prices higher, a letter to…
Anthropic Raises $30B, Valuation Surges to $380B in AI Funding Frenzy
Anthropic has raised $30 billion in its latest funding round, more than doubling the Claude chatbot maker's valuation to $380 billion and underscoring massive investor interest in the startup and…