OpenAI’s next $6.5 billion funding round could value the AI company at $150 billion
The AI company was valued at $86 billion earlier this year and has recently stated it can't sufficiently train AI models without copyrighted material.
NVIDIA (NVDA) adds $50 billion to its share buyback program
NVIDIA is intent on investing an increased amount of its good fortunes back into its shareholders through buybacks and cash dividends.
AMD to acquire ZT Systems for $4.9 billion, boosting data center efforts
AMD is aiming to more strongly compete with rival NVIDIA in the AI space with the ZT Systems acquisition.
Deadpool & Wolverine Crosses $1 Billion Worldwide
It was inevitable, and now it's happened: Deadpool & Wolverine has officially crossed $1 billion at the globally box office. After another successful weekend in theaters, the Marvel movie starring…
Disney Explains Why It Invested $1.5 Billion Into Fortnite And What It Hopes To Achieve
As part of Disney's latest earnings briefing, the company discussed some of its plans for gaming. The company's executive summary touches on Disney's deal with Epic Games to create content…
Apple (AAPL) has spent over $69 billion on stock buybacks in the last nine months
The spend on stock buybacks in 2024 was over $13 billion higher than the same period of time in 2023.
Intel (INTC) to suspend dividend payout as of Q4 2024, announces $10 billion cost reduction plan
Intel's Q4 2024 earnings results looked bad for the company, and it has pushed the company to execute a serious cost-cutting initiative.
Facebook (META) reports 3.27 billion daily active people across its family of apps at the end of Q2
Facebook, Instagram, and WhatsApp combined for 3.27 billion DAUs for parent company Meta in Q2 2024.
Facebook (META) Reality Labs lost $4.488 billion in Q2 2024
Reality Labs' losses continue with no expectations that will change any time soon.
Google parent company to invest another $5 billion into Waymo
The injection of funds will see the self-driving car unit of Alphabet continue its work in the autonomous space.