Tag: business
Nikola Motor Founder Seeks Funding for AI-Driven Aircraft After Legal Troubles
The founder of Nikola Motor, previously convicted, is now pursuing investment for a startup focused on AI-controlled airplanes.
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Microsoft Eyes Legal Action Against OpenAI and Amazon Over Cloud Partnership Deal
Microsoft considers suing OpenAI and Amazon over a $50 billion cloud services agreement that may breach its exclusive OpenAI partnership.
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Amazon Expects AI to Propel AWS Revenue to $600 Billion Annually Within a Decade
Amazon predicts its AWS division could reach $600 billion in annual revenue within 10 years, driven by advances in artificial intelligence.
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Microsoft Appoints New Leader to Unify Copilot AI Across Consumer and Business Markets
Microsoft restructures its AI division to integrate consumer and commercial Copilot versions under new leadership for a cohesive user experience.
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Tim Cook Reflects on Apple’s Legacy and Discusses Future Plans on Company’s 50th Anniversary
Tim Cook celebrated Apple’s 50th anniversary, highlighting company achievements and addressing customs duties and his retirement plans.
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AI Boom Creates 45 New Billionaires in Forbes 2026 Ranking
Forbes 2026 list reveals 45 newly minted AI billionaires, pushing the industry total to 86 with a combined fortune of $2.9 trillion.
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Meta to Invest $27 Billion in Arcady Volozh’s Nebius Cloud Services Over Five Years
Meta plans to spend $27 billion on Nebius cloud services from Arcady Volozh’s company in the next five years.
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Meta Plans Significant Job Cuts Amid AI Infrastructure Investments
Meta is preparing to reduce its workforce by up to 20% to offset AI infrastructure costs and improve operational efficiency.
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Google Completes Record $32 Billion Acquisition of Cybersecurity Firm Wiz
Google finalized its largest-ever acquisition by acquiring cybersecurity startup Wiz to enhance security within Google Cloud environments.
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Forbes Revises Pavel Durov’s Net Worth, Reflecting Telegram’s Market Valuation Drop
Pavel Durov’s net worth shrinks significantly amid telecom market shifts, with Telegram’s valuation adjusted by Forbes following industry changes.
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YouTube Surpasses Major Entertainment Giants in Ad Revenue with $40.4 Billion in 2025
YouTube’s ad revenue in 2025 reached $40.4 billion, outpacing the combined advertising earnings of Disney, Paramount, NBC, and Warner Bros. Discovery.
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OpenAI Acquires Promptfoo to Enhance AI Safety Testing
OpenAI has acquired Promptfoo, a startup focused on AI safety testing tools, aiming to boost security for AI software deployment.
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