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Finance News

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model

Finance News

Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images OpenAI on Thursday announced its most advanced artificial intelligence model, GPT-5.2, and said it’s the best offering yet for […]

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model Read More »

Rivian announces new AI tech, in-house chip and robotaxi ambitions

Rivian announces new AI tech, in-house chip and robotaxi ambitions

Finance News

Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy

Rivian announces new AI tech, in-house chip and robotaxi ambitions Read More »

Disney making billion investment in OpenAI, will allow characters on Sora AI video generator

Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator

Finance News

The Walt Disney Company on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make videos with its copyrighted characters on Sora. OpenAI launched Sora in September, and it allows users to create short videos by simply typing in a prompt. As part of of the startup’s new agreement

Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator Read More »

Esusu, platform for renters to build credit scores, valued at .2 billion in new funding round

Esusu, platform for renters to build credit scores, valued at $1.2 billion in new funding round

Finance News

Esusu, a fintech platform that helps renters build credit scores, has raised $50 million in a Series C funding round at a $1.2 billion valuation. Renters have remained largely excluded from the traditional credit system, with an estimated $1.4 trillion paid to landlords every year in the U.S., but only 20% of those landlords choosing

Esusu, platform for renters to build credit scores, valued at $1.2 billion in new funding round Read More »

Goldman Sachs leads investment in software delivery startup Harness at .5 billion valuation

Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation

Finance News

Jyoti Bansal, co-founder and CEO of Harness, speaks at the company’s Unscripted conference in London on Sept. 25, 2025. Harness Almost nine years ago, Jyoti Bansal sold AppDynamics to Cisco for $3.7 billion just as the software startup was set to go public. Bansal’s latest venture, Harness, is now worth substantially more than that, after

Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation Read More »

Oracle shares plummet 11% in premarket, dragging down AI stocks

Oracle shares plummet 11% in premarket, dragging down AI stocks

Finance News

Oracle shares plummeted 11% in premarket trading on Thursday, extending yesterday’s losses after the firm reported disappointing results. The cloud computing and database software maker reported lower-than-expected quarterly revenue on Wednesday, despite booming demand for its artificial intelligence infrastructure. Its revenue came in at $16.06 billion, compared with $16.21 billion expected by analysts, according to data compiled by

Oracle shares plummet 11% in premarket, dragging down AI stocks Read More »

Google’s AI unit DeepMind announces its first ‘automated research lab’ in the UK

Google’s AI unit DeepMind announces its first ‘automated research lab’ in the UK

Finance News

Google DeepMind, the tech giant’s AI unit, unveiled plans for its first “automated research lab” in the U.K. as it signs a partnership that could lead to the company deploying its latest models in the country.  The AI company will open the lab, which will use AI and robotics to run experiments, in the U.K.

Google’s AI unit DeepMind announces its first ‘automated research lab’ in the UK Read More »

Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom

Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom

Finance News

Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Wednesday confirmed that it is weighing a U.S. listing as the memory chipmaker’s valuation soars on global demand for artificial intelligence hardware. The company at the center of the AI

Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom Read More »

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