OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.
Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter.
A self-driving Tesla carrying a passenger for Uber rammed into an SUV at an intersection in suburban Las Vegas in April, an accident that sparked new concerns that a growing stable of self-styled "robotaxis" is exploiting a regulatory gray area in U.S. cities, putting lives at risk.
The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with domestic brick and mortar players, the internal revenue agency said on Thursday.
OpenAI unveiled a host of new tools on Tuesday that would make it easier for developers to build applications based on its artificial intelligence technology, as the ChatGPT maker wrestles with tech giants to keep up in the generative AI race.
Spanish defence and technology firm Indra’s board agreed to start looking for options to sell a stake in its Minsait Payments business, the company said on Monday in a filing to the stock market regulator.
Micron Technology surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and pricing for the high-bandwidth memory chips (HBM) used to support booming generative artificial intelligence technology.
IT services major Accenture unveiled a $4 billion share buyback on Thursday, closing the fourth quarter with better-than-expected results thanks to strong demand for its services that help businesses adopt generative AI technology.
The payments landscape is changing – rapidly. We are seeing a seismic shift toward digital transactions. As consumers embrace digital payments over cash and feed demands for seamless experiences, the industry is evolving at breakneck speed.
Visa shares took a hit on Tuesday after the U.S. Department of Justice filed a lawsuit accusing it of violating antitrust law by suppressing competition by threatening merchants with high fees and paying off potential rivals.
Bitcoin miner Bitfarms said on Monday it had entered into a settlement agreement with rival and top shareholder Riot Platforms, under which Amy Freedman was appointed to its board.
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