OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has ...
Tag: Morgan Stanley
LG said to pick banks for $1.5 billion listing of Indian unit
South Korea’s LG Electronics Inc. has picked banks for a potential initial public offering of its Indian business that could ...
3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping headfirst into the AI race. Over the past year, Wall Street's largest names — including Goldman ...
AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars
Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference ...
Intel working with bankers to present board with strategic options
Pat Gelsinger, CEO Intel, speaking on CNBC's Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. ...
Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion
Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind ...
Cisco shares have best day since 2020 on earnings beat, plans to cut 7% of workforce
Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. ...
Goldman Sachs jumps into bitcoin ETFs and one hedge fund gets bullish on miners
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions ...
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, ...
Bitcoin plunged 28%. Institutional investors bought the dip
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to ...
