Elon Musk’s artificial intelligence startup, xAI, is in advanced talks to raise $15 billion at a valuation of roughly $230 billion, according to a report […]
Category: Business
IBM to Cut Jobs as Focus Shifts to AI and Cloud
IBM will lay off a “low single-digit percentage” of its global workforce, the company confirmed this week, as part of a wider effort to streamline […]
Wall Street’s Bonus Boom Returns Amid Global Strain
Wall Street Bonuses Rise Again but the Good Times Hide Deeper Shifts By Rho | THE Nth AUTHORITY Wall Street traders and investment bankers are […]
OpenAI Breaks from Microsoft, Signs $38 Billion Cloud Deal with Amazon
In a move that reshapes the balance of power across the artificial intelligence industry, OpenAI has signed a $38 billion, seven-year agreement with Amazon Web […]
The biggest shifts and trends driving short- and long-term growth in the future
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