OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned
Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be…
Huawei guns for Nvidia market share in China — Ascend 910C GPU customer sampling begins
Huawei is sampling its latest GPU for AI to customers in China according to reporting by the South China Morning…
Boeing strike costs top $1.4 billion as pressure on company mounts
Two weeks after 33,000 Boeing machinists went on strike, the company is bracing for financial impact. The airplane maker has…
Sam Altman is setting himself up for a massive $10 billion payday as more OpenAI executives head for the exit
OpenAI is in the process of transitioning from a nonprofit business to a for-profit one—and Sam Altman, the company’s CEO…
Exclusive-China to issue $284 billion of sovereign debt this year to help revive economy
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a…
SAP Staff Morale Plunges in Internal Survey Amid Restructuring
SAP SE is facing swelling discontent among employees in its home market, according to an internal survey, as Chief Executive…
Spirit Aero reviews furlough contingency plans amid Boeing strike
Spirit AeroSystems is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier…
Southwest’s turnaround strategy lifts shares
Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation packages for customers and aircraft…
X Under Musk: Suspensions Surge 307%, Driven by Action Against Child Abuse
X suspensions have more than quadrupled since Elon Musk bought Twitter, the social platform reported on Wednesday. At the same…
Intel rejects Arm’s approach for product division
Arm Holdings approached Intel about potentially acquiring the company’s product division but was told that the business is not for…