CEO Sam Altman announces a strategic hiring slowdown as OpenAI navigates profitability challenges and shifts toward using AI to build AI, raising questions about data quality and industry stability.
The arrest of BitRiver's founder on tax evasion charges coincides with an insolvency claim filed against the company, compounding pressures from sanctions, energy debts, and internal strife.
A high-stakes White House meeting between crypto executives and traditional bankers ended without a breakthrough on the contentious issue of stablecoin yields, casting doubt on the timeline for comprehensive market structure legislation. Both sides agreed to continue negotiations under pressure from the administration to reach a compromise this month.
Randolph-Brooks Federal Credit Union, Texas's largest credit union, is set to acquire Oklahoma City-based True Sky FCU in a deal that underscores the accelerating consolidation trend within the credit union sector.
Amid widespread anxiety over AI-driven job losses, a new report from the Yale Budget Lab finds little evidence of large-scale labor market disruption, raising questions about whether 'AI-washing' is being used to justify corporate layoffs.
With Advanced Micro Devices set to report Q4 results, derivatives traders are pricing in a significant post-earnings move, betting the chipmaker's momentum can extend its recent 25% surge from yearly lows.
Authorities in the Democratic Republic of Congo report a weekend drone attack on Kisangani's airport, marking a significant westward expansion of the conflict as M23 rebels are accused. No casualties were reported.
Amid a growing outbreak in northern Mexico, U.S. agricultural officials are escalating a biowarfare campaign, releasing millions of sterile, fluorescent flies near the Texas border to create a defensive barrier against the parasitic screwworm, a move impacting already strained livestock trade and beef prices.
Joby Aviation is on the cusp of launching its pioneering air taxi service in Dubai as early as this year, marking a critical milestone for the eVTOL industry. With U.S. certification advancing, the company eyes 2026 for scaled commercial operations, navigating the final hurdles of funding and regulatory approval.
U.S. equities found firmer ground Tuesday, buoyed by a robust factory activity report. The rally unfolded as investors grow increasingly discerning about AI-related capital expenditures, creating clear winners and losers.
Shares of the data analytics firm jumped more than 5% following a strong quarterly report that exceeded expectations and featured ambitious growth projections for the coming year.
GameStop has transferred its entire Bitcoin holdings to an institutional exchange, as CEO Ryan Cohen pivots the company's focus toward a major acquisition, suggesting its crypto strategy is being deprioritized.
The autonomous vehicle giant, backed by a consortium of major investors, plans to deploy its driverless fleet in over a dozen new international cities following a funding round that values the company at $126 billion.
Elon Musk has formally merged his rocket company SpaceX with artificial intelligence firm xAI, a strategic consolidation aimed at creating a vertically integrated powerhouse focused on AI and space infrastructure, according to an internal memo obtained by Business Insider.
T-Mobile, the telecommunications giant headquartered in Washington, has filed official notice of permanent layoffs affecting nearly 400 employees across its Bellevue, Bothell, and Woodinville offices, citing evolving business needs.
The United States and India have reached a trade agreement that will significantly lower reciprocal tariffs and remove a contentious levy on Russian oil purchases, marking a potential thaw in economic relations.
Ford Motor Company's stock has dramatically underperformed the broader market over the past ten years. As political winds shift and its EV strategy reverses course, investors are left wondering if the iconic automaker can chart a stable path to growth or remain trapped in a cycle of reactionary moves.
Amidst a mixed Asian market landscape, companies with significant insider ownership are drawing investor attention. We examine three high-growth firms from South Korea and China where executives and directors have substantial skin in the game.
Amidst a backdrop of economic crosscurrents, savvy investors are tracking insider moves within Asia's small-cap sector for clues on potential value. We examine three companies where recent executive share purchases signal confidence against the odds.
Elon Musk has consolidated his AI venture, xAI, into SpaceX, creating a unified entity to pursue the audacious goal of deploying a million-satellite constellation that will function as solar-powered data centers in space, addressing the surging energy demands of artificial intelligence.
