OpenAI to Maintain Ties With Scale AI After Meta Deal
OpenAI maintains its partnership with Scale AI despite Meta acquiring a 49% stake in the data-labeling startup for $14.8 billion....
China Confirms Trade Deal, Urges Both Sides to Comply
China confirmed its dedication to the new trade agreement with the U.S. by asking both parties to maintain their agreement...
US Importers Turn to Brokers to Tackle Tariff Chaos
The changing trade policies of President Trump have led U.S. importers to use customs brokers more frequently but this increased...
Fed Seen Holding Rates Steady as Tariff Fears Persist
The U.S. Federal Reserve maintains expectations to maintain interest rates steady through the upcoming months because persistent inflation concerns stemming...
Qualcomm to Acquire Alphawave in $2.4 Billion AI Play
Qualcomm announced a deal to buy British semiconductor company Alphawave for about $2.4 billion on Monday, marking its latest push...
Musk’s xAI Aims for $13 Billion in 2029 Earnings
A Morgan Stanley report indicates that Elon Musk’s artificial intelligence startup xAI will generate more than $13 billion in yearly...
Suzuki Halts Swift Production Amid China’s Rare Earth Curbs
Suzuki Motor has suspended the production of its popular Swift subcompact car because of parts shortages that were triggered by...
Brookfield to Build $10 Billion AI Hub in Sweden
The Canadian asset manager Brookfield Asset Management announced plans to invest $10 billion for building a significant artificial intelligence data...
CEO Pay Surges Nearly 10% in 2024 as Profits Soar
S&P 500 companies experienced a 10% increase in their chief executive pay packages during 2024 because of both market success...
Investors Pull Billions From U.S. Equity Funds Amid Tariff Concerns
The second consecutive week of outflows from U.S. equity funds occurred as investors removed $5.46 billion during the period ending...
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