OpenAI hires ex-xAI finance chief amid Altman-Musk rift
OpenAI has named Mike Liberatore, former finance chief at Elon Musk’s xAI, as its business finance officer, overseeing the company’s sprawling infrastructure…
Tech
Google parent Alphabet hits $3tn valuation for first time
Alphabet Inc., the parent company of Google, reached a $3 trillion market capitalization for the first time on Monday, fueled by renewed…
US, China strike TikTok framework deal
United States Treasury Secretary Scott Bessent said Monday that Washington and Beijing have reached a framework agreement on TikTok. “It’s between two…
Tesla stock jumps as Musk makes $1bn share purchase
Elon Musk has responded to Tesla Inc.’s record pay proposal by purchasing about $1 billion worth of shares, a move that lifted…
US chipmaker Nvidia may have violated anti-monopoly laws – China
China’s market regulator has found that United States chipmaker Nvidia may have breached the country’s anti-monopoly laws, according to a preliminary probe,…
Microsoft escapes antitrust fine as EU approves Teams separation plan
The European Union on Friday said it has accepted Microsoft commitments to separate its Teams communication platform from its popular Office productivity apps.…
Uber partners Pipe to provide small businesses with funding
Fintech company Pipe is partnering with Uber Eats to make it easier for small restaurants to access capital. The collaboration integrates Pipe’s…
Google Cloud already monetizing artificial intelligence tools – Official
Google Cloud chief Thomas Kurian on Tuesday outlined how the company is already turning its artificial intelligence services into revenue streams. Kurian…
Microsoft ends hybrid work style, sets three-day office minimum
Microsoft announced on Tuesday that starting next year, employees will be required to work from the office three days a week. The…
SpaceX inks $17b deal with EchoStar to boost 5G push
SpaceX owned by Elon Musk, announced on Monday that it will acquire wireless spectrum licenses from EchoStar for about $17 billion, a…
Anthropic to pay $1.5bn in copyright settlement
Artificial intelligence firm, Anthropic has agreed to a $1.5 billion settlement in a class-action lawsuit brought by authors who claim their works…
EU hits Google with €2.95b antitrust fine over adtech practices
Google was fined €2.95 billion ($3.45 billion) by European Union regulators on Friday for allegedly anti-competitive practices in its advertising technology business.…