Chime Financial Targets $11 Billion Valuation in Anticipated IPO
Chime Financial plans an IPO aiming for an $11 billion valuation. The company will offer 32 million shares priced at…
Expectations of Inflation Slowdown Amid Continued Price Challenges
Consumer inflation expectations foresee slower growth in 2025. Rising food costs still concern households despite general inflation optimism. Business responses…
Apple Delivers Subdued AI Strategy in Dull Developer Event
Apple’s WWDC emphasized privacy-focused, on-device AI features. The strategy contrasts with rivals' expansive cloud-based AI models. Challenges include balancing innovation…
OpenAI Surges to $10 Billion in Annual Revenue as ChatGPT Expands
OpenAI reports $10 billion in annual revenue, boosted by ChatGPT growth. Despite increased revenue, OpenAI incurred $5 billion loss in…
RSM US Invests $1 Billion in Advanced AI Integration
RSM US plans a $1 billion AI integration over the next three years. The investment aims to enhance tax, audit,…
Warner Bros. Discovery Restructures with Major Split into Two Companies
Warner Bros. Discovery plans to split into two separate entities. David Zaslav will lead the streaming and studios company. The…
Warner Bros. Discovery Restructures to Boost Streaming Competitiveness
Warner Bros. Discovery to split into two separate companies. New structure aimed at bolstering streaming industry competition. CEO David Zaslav…
Walmart Launches AI Assistant ‘Sparky’ to Boost Shopping Experience
Walmart introduces AI assistant "Sparky" to enhance shopping experience. Sparky provides recommendations and simplifies complex customer needs. Retailers are increasingly…
Shareholders Reject Anti-DEI Movements at Walmart and Netflix
Walmart and Netflix shareholders rejected anti-DEI proposals decisively. Corporate America trends show consistent rejection of limiting DEI efforts. Shareholders emphasize…
Soda Boosts Data Quality with NannyML Acquisition
Soda acquired NannyML to enhance its data quality solutions. Integration aims to better manage data complexities with AI-driven features. Soda…
