Watch: OpenAI’s media deal rush continues with FT deal
OpenAI has landed a new content deal with the FT. But instead of being a merely simple deal in which OpenAI gets words, and FT gets money, the two are…
Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips
Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage…
Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per…
Amazon, eyeing up AI, adds Andrew Ng to its board; ex-MTV exec McGrath to step down
If the decisions made by corporate boards of directors can indicate where a company wants to be focusing, Amazon’s board just made an interesting move. The company announced on Thursday…
Why Trump’s digital media company is different from other money-losing startups
Former president Donald Trump’s digital media company is losing money, and lots of it. But why is that any different from other “startups,” which often struggle to post a profit…
Truth Social SPAC could pay Trump’s astronomical legal bills – if board OKs it
Donald Trump’s beleaguered SPAC deal is finally going through, and just in time to pay nearly half a billion dollars owed over several legal actions — if the board agrees…
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