According to a Wall Street Journal report, OpenAI is preparing to file confidential paperwork for an IPO that could value the company at up to $1 trillion and lead to a public listing as soon as Septe…
According to Walmart CFO John David Rainey, shoppers are now purchasing less than 10 gallons of gas per visit for the first time since 2022, which he described as "an indication of stress" among lower…
Steve Wozniak, cofounder of Apple, stated that his motivation for starting the company was not to make money but to gain the admiration of fellow engineers by bringing his personal computer idea to li…
The article describes an intense and unusual surge in demand for shares of AI company Anthropic in the secondary market, driven by expectations of an upcoming IPO. Industry insiders compare the situat…
Former Facebook executive Sheryl Sandberg told Brandeis University graduates that the traditional 10-year career plan is obsolete in an era of rapid technological change, warning that rigid planning c…
Nvidia used its latest quarterly report to reassure skeptical investors that AI is expanding beyond large data center clients, predicting that a wider range of businesses and governments will soon bec…
The Trump administration is shifting from opposing AI regulation to considering a federal licensing regime for AI models, driven by growing public backlash and bipartisan support on Capitol Hill. Pres…
President Trump hosted Nvidia CEO Jensen Huang, Citigroup's Jane Fraser, and Boeing's Kelly Ortberg in the Oval Office ahead of a China summit, arranging for Huang to fly on Air Force One. Trump outli…
On May 20, approximately 8,000 Meta employees will lose their jobs as the company redirects funds toward artificial intelligence, while tech and finance sectors shed 13,000 and 11,000 jobs respectivel…
A new study from research firm Gartner found that companies laying off workers due to AI automation are failing to generate returns from the technology. A survey of 350 global business executives reve…