OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised ...
Tag: billion
Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. ...
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
Siete Foods Tortilla ChipsCourtesy: Siete FoodsPepsiCo said Tuesday that it's buying Mexican American food company Siete Foods for $1.2 billion, ...
Google to invest $1 billion in Thailand to build data center and accelerate AI growth
An illuminated Google logo is seen inside an office building in Zurich, Switzerland.Arnd Wiegmann | ReutersGoogle announced Monday it is ...
EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming, sources say
Charlie Ergen, chairman and co-founder of Dish Network Corp.Jonathan Alcorn | Bloomberg | Getty ImagesCharlie Ergen is getting close to ...
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023.Dustin Chambers | ...
Why Tesla is right to give Musk a $56 billion pay package
Elon Musk’s proposed pay package at Tesla keeps making headlines and no wonder: its touted value of $56 billion is ...
Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buyback
DALLAS — Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized $2.5 billion in share buybacks ...
FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion
Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New ...
Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion
Smartsheet CEO Mark Mader.Source: SmartsheetCollaboration software maker Smartsheet on Tuesday announced Blackstone and Vista Equity Partners will acquire it in ...
