OpenAI Doubles Annualized Revenue
OpenAI doubles annualized revenue to $3.4 billion. Partnership with Apple enhances strategic positioning. New executives expected to drive further growth.
Meta Reduces Vice President Positions
Meta reduces VP positions to streamline operations. Significant investment in AI and metaverse projects. Workforce restructuring aims to enhance efficiency.
Paxos Cuts Workforce Amid Strategic Shift
Paxos lays off 65 employees amid strategic shift. Regulatory pressures impact Paxos' business decisions. Company focuses on stablecoins and tokenization…
InScope Raises $4.3M for Financial Reporting Platform
InScope launched its financial reporting platform. The company raised $4.3 million in funding. Advanced AI technologies set InScope apart.
SEC Seeks Approval for Terraform Labs Settlement
SEC pursues a settlement with Terraform Labs. Settlement includes substantial financial penalties. Terraform Labs' collapse had major financial repercussions.
Grocers Embrace BNPL Amid Inflation
Grocers adopt BNPL to ease inflation pressures. Klarna-Sainsbury's partnership hints at BNPL grocery options. BNPL meets demand for flexible grocery…
Epicor Expands AI Capabilities with Kyklo Acquisition
Epicor has acquired Kyklo to enhance AI-driven tools. The integration aims to boost digital transformation efforts. Enhanced offerings will drive…
Apple Reclaims Title of Most Valuable Company
Apple overtakes Microsoft as the most valuable company. New AI features expected to boost iPhone sales. Strategic financial moves strengthen…
Apple Reclaims Title as Most Valuable Company
Apple leads as world's most valuable company again. Annual developers conference boosts Apple's market cap. Strategic AI integration enhances Apple's…
Databricks Unveils AI-Powered BI Product
Databricks launches AI-powered BI product for enhanced data analysis. Features interactive dashboards and conversational interface, Genie. Available to SQL Pro…
