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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

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

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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

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

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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

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

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

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.

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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

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 »

Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings

Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings

Oracle CEOs Clay Magouyrk and Mike Sicilia sit down with CNBC’s David Faber on Oct. 13, 2025. CNBC It’s been a rollercoaster year for Oracle investors, as they try to assess the strength of the software giant’s position in the artificial intelligence boom. The stock is up more than 30% for the year even after

Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings Read More »

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