Reddit’s explosive revenue growth of the past two years turbocharged the company’s stock after its 2024 initial public ...
Before we get to what’s coming this week, let’s take a moment to honor the company that has honed the power of magical thinking. That would be OpenAI, whose latest long term revenue and profit ...
When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged with developing it promised to move with lightning speed, spending ...
Etsy said Wednesday that it has agreed to sell the clothing resale app Depop to eBay for roughly $1.2 billion. The sale, ...
Gemini Space Station, the crypto exchange co-founded by Cameron and Tyler Winklevoss, said Tuesday that three of its senior ...
OpenAI can shift some of its revenue-sharing payments to Microsoft to later years under the terms of the pair’s recently renegotiated partnership last fall, The Information reported Tuesday . This ...
OpenAI CEO Sam Altman called the concept of putting data centers in space right now “ridiculous,” taking aim at rival Elon Musk’s argument for why he is taking the merged SpaceX-xAI public. “It will ...
President Donald Trump called on Netflix to kick former Biden administration official Susan Rice off its board, “or pay the consequences.” His comments came after Rice said on a podcast that if ...
Meta Platforms has cut equity-based awards for employees for the second year in a row, the Financial Times reported Thursday. The cuts come as the Facebook and Instagram owner continues an aggressive ...
Benchmark on Tuesday said it had hired Jack Altman , the founder of early-stage firm Alt Capital and HR software company Lattice, as its fifth general partner. Benchmark—known for backing Uber and ...
Blue Owl Capital limited redemptions from an investment vehicle that provides loans to private companies, sending its shares tumbling and pulling down those of other investment firms with large credit ...
Chipmaker AMD backstopped a $300 million loan Goldman Sachs provided to data center and cloud startup Crusoe so it could purchase the company’s AI chips, The Information reported . AMD agreed to rent ...