Amazon is in talks with OpenAI to potentially invest $50 billion into the artificial intelligence startup, according to The Wall Street Journal, potentially valuing the company as high as $830 billion.
The move follows another mass layoff by the company in October, where 14,000 workers were let go.
Silver’s rally has pushed the gold-to-silver ratio below 50 for the first time since 2012. Here’s what the rare move means for investors and precious metals markets.
Filippo Ghirelli made a small fortune in Italy then bet on one of India’s largest refineries, making him a billionaire. Now he’s out to build an empire from airports to data centers.
While Netflix’s earnings managed to beat Wall Street estimates, the company noted that increased spending on programming and the Warner deal could eat into profits.
Founded by ex-Zip Payments executives Patrick Collins and Simon Harloff, Dam Secure aims to tackle security risks caused by ‘logic gaps’.
The filing comes a year after the company completed a high-profile merger combining Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman in a $2.7 billion deal.
Warner Bros. Discovery’s board told shareholders Paramount’s amended offer was inferior to Netflix’s takeover bid.
After a year of regulatory thaw and institutional buy-in, crypto is settling into the financial system’s core.
Tesla ceded the crown of the world’s biggest EV maker to Chinese rival BYD for the first time.