Investing

One executive told employees that OpenAI may be unable to fund future computing contracts.

The AI giant behind Claude has appointed Theo Hourmouzis as General Manager for Australia and New Zealand and confirmed the opening of its Sydney office, as the company expands its enterprise and government footprint in the region.

A recent funding round valued OpenAI at more than $850 billion.

The automaker said demand for its vehicles has rebounded from recent declines .

Data centre investments are surging in India, fuelled by rapid growth in AI and cloud computing. The country’s capacity is expected to rise more than fivefold to 10 gigawatts by 2030 from about 1.5 gigawatts last year, according to consulting firm Deloitte.

Cook has been Apple’s CEO for nearly 15 years.

From newsrooms to meeting rooms to boardrooms, the shift to agentic workflows is letting leaders focus on the story instead of the process. Perkins says she has been building towards this moment since before Canva was Canva.

Netflix shares still plunged after beating first quarter revenue expectations.

SanDisk stock has soared more than 2700% in a year.

Meet the early-stage startups racing to define the future of artificial intelligence.