Microsoft's Investment in OpenAI Was Sparked by Fears of Google's AI Dominance: Report

Microsoft's decision to invest in OpenAI stemmed from concerns about lagging behind Google in AI capabilities


Microsoft Urges to Invest $1.7 Billion to Develop AI, Cloud Infrastructure in Indonesia

Microsoft announced Tuesday that it will invest $1.7 billion in Indonesia over the next four years to construct new cloud and AI infrastructure...

Goldman Sachs, Barclays Reportedly Compete to Acquire General Motors' Credit Card Business

Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business...

US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank

US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank...


Latest News

Facebook, Instagram Parent Company Meta Shares Tumble Amid Continued Push Into AI Development
Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
Donald Trump Eligible for Bonus Shares Worth Over $1 Billion from Truth Social Parent Company
Donald Trump, who owns 60% of Trump Media with 78.75 million shares, will get the bonus because the stock stayed above $17.50 per share for 20 out of 30 days.
SEC Accused of Illegally Monitoring Stock Market Investors in the US
The SEC is illegally collecting data on all US stock market investors, according to a new lawsuit.
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
Trump Media shares closed almost 26% higher on Thursday.
Tinder for Business: Angel Investors Can Find Best Business Match, Thanks To Cherub App
This Tinder-like business app can help angel investors find the best business matches. What to know about Cherub.
AI Could Replace Wall Street Analysts! Who are Affected?
AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details.
US Treasury Warns Creditors Against Exploiting Aid to Developing Nations
The US Treasury Department has cautioned emerging official creditors against curtailing loans to nations already engaged in programs with the International Monetary Fund (IMF) or multilateral developm
Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer
Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer.
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic.
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.
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