OpenAI’s annual revenue reaches $10 billion, an increase from $5.5 billion in December 2024.
OpenAI announced on Monday that its annualised revenue run rate surged to $10 billion as of June, positioning the company well to meet its…
Meta Negotiating Investment in Scale AI Potentially Exceeding $10 Billion
Meta Platforms Inc. is currently negotiating a potential multibillion-dollar investment in the artificial intelligence startup Scale AI, as…
Kaynes Technology upholds $1 billion revenue goal for FY28.
Mysuru-based Kaynes Technology has reaffirmed its revenue target of $1 billion by the fiscal year 2027-28 (FY28), despite one of its promoters…
Musk-Trump split jeopardizes $22 billion in SpaceX contracts, shaking up the U.S. space initiative.
About $22 billion of SpaceX’s government contracts are in jeopardy, and numerous U.S. space initiatives may face significant alterations…
Elon Musk’s xAI Targets $113 Billion Valuation Following Debt Sale Managed by Morgan Stanley, According to Reports
Elon Musk’s artificial intelligence initiative, xAI, is reportedly aiming for a $113 billion valuation in an upcoming share sale while…
Toyota Industries board to consider $42 billion acquisition on Tuesday
Toyota Industries Corp. announced that its board will assess a buyout proposal on Tuesday that aims to take the company private, a strategy…
Adani Ports to secure an additional billion dollars following its biggest bond issuance in India.
The Board of Directors at Adani Ports and Special Economic Zone has today given the green light to a fundraising initiative aimed at expanding…
Xiaomi to invest at least $6.9 billion in chip design, founder says
Chinese smartphone and electric vehicle maker Xiaomi plans to invest at least 50 billion yuan ($6.93 billion) in chip design over at least 10…
The US Could Lose $12.5 Billion In Travel Revenue In 2025 Due To Political Uncertainties
The U.S. is set to lose $12.5 billion in travel revenue this year, according to data from the World Travel & Tourism Council The findings,…
Capital One Officially Acquires Discover in $35 Billion Deal
2025-05-18T20:38:24Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save…