Reddit’s explosive revenue growth of the past two years turbocharged the company’s stock after its 2024 initial public ...
When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged with developing it promised to move with lightning speed, spending ...
OpenAI CEO Sam Altman called the concept of putting data centers in space right now “ridiculous,” taking aim at rival Elon Musk’s argument for why he is taking the merged SpaceX-xAI public. “It will ...
Etsy said Wednesday that it has agreed to sell the clothing resale app Depop to eBay for roughly $1.2 billion. The sale, ...
President Donald Trump called on Netflix to kick former Biden administration official Susan Rice off its board, “or pay the consequences.” His comments came after Rice said on a podcast that if ...
Gemini Space Station, the crypto exchange co-founded by Cameron and Tyler Winklevoss, said Tuesday that three of its senior ...
OpenAI can shift some of its revenue-sharing payments to Microsoft to later years under the terms of the pair’s recently renegotiated partnership last fall, The Information reported Tuesday . This ...
Meta Platforms has cut equity-based awards for employees for the second year in a row, the Financial Times reported Thursday. The cuts come as the Facebook and Instagram owner continues an aggressive ...
Chipmaker AMD backstopped a $300 million loan Goldman Sachs provided to data center and cloud startup Crusoe so it could purchase the company’s AI chips, The Information reported . AMD agreed to rent ...
Blue Owl Capital limited redemptions from an investment vehicle that provides loans to private companies, sending its shares tumbling and pulling down those of other investment firms with large credit ...
Benchmark on Tuesday said it had hired Jack Altman , the founder of early-stage firm Alt Capital and HR software company Lattice, as its fifth general partner. Benchmark—known for backing Uber and ...
Figma shares soared as much as 16% in after hours trading Wednesday as the design software company reported a slight acceleration in fourth quarter revenue growth of 40%, up from 38% in the third ...