Leaders Push AI Expansion with Major Investments and Policy Shifts
Global leaders emphasize AI investment over strict regulations at the AI Action Summit. France, the EU, and the UK allocate…
Adobe Introduces AI-Powered Video Tools to Compete with OpenAI and Meta
Adobe launched Firefly AI video tools with subscription plans starting at $9.99 monthly. Firefly generates "commercially safe" AI videos designed…
JPMorgan Chase Plans Multiple Layoff Rounds in 2024
JPMorgan Chase will conduct multiple layoff rounds in 2024, affecting various departments. The company says the layoffs are part of…
Burger King Owner Invests in Remodels as Sales See Modest Growth
Restaurant Brands International reported a 2.5% increase in comparable sales. Burger King is prioritizing restaurant remodels to enhance customer experience.…
New Tariffs on Steel and Aluminum Impact Coca-Cola, Breweries, and Automakers
Coca-Cola may use more plastic bottles due to aluminum tariffs. Breweries anticipate higher costs for aluminum cans affecting beer prices.…
Rising Inflation Pushes Consumers to Rely More on Credit
Inflation increased by 0.5% in January, affecting essential expenses like food and rent. Consumers are relying more on credit, with…
Corpay Launches Multi-Currency Accounts to Assist Businesses in Global Transactions
Corpay introduced Multi-Currency Accounts to simplify international payments for businesses. The service allows companies to manage 12 currencies within dedicated…
Microsoft Secures 389 MW of Solar Power from New EDP Renewables Projects
EDP Renewables launched three new solar projects in Illinois and Texas. Microsoft purchased 389 MW of electricity through long-term agreements.…
Tines Secures $125M to Expand AI-Oriented Workflow Automation
Tines raised $125M in Series C funding, bringing its valuation to $1.125B. The company will enhance AI-powered workflow automation while…
Elon Musk’s DOGE Faces Scrutiny Over Treasury Data Access
A DOGE staff member was mistakenly given write access to a Treasury database. A federal judge has temporarily blocked DOGE…
