Business

Retail Giants Flock to Hyperlocal Intelligence

From global coffee chains to major department store brands, some of the largest players in retail are embracing a new…

Palo Alto Networks in talks to acquire CyberArk for over $20bn

US-based cybersecurity leader Palo Alto Networks is in negotiations to buy CyberArk Software, an Israeli IT security company, in a…

OpenAI agreed to pay Oracle $30B a year for data center services

OpenAI has identified itself as the customer in a $30 billion-per-year Oracle cloud deal revealed last month. CEO Sam Altman…

Amazon disputes report that it raised prices of popular items since Trump took office

Amazon has pushed back against a Wall Street Journal report claiming prices for low-cost essentials on its platform have risen…

Food delivery service Calo scores $39M in Series B extension as it sets eyes on the UK

Middle Eastern food delivery company Calo announced Tuesday it has secured $39 million in a Series B extension round led…

Apple appeals EU’s €500M fine over App Store payment restraints

Apple has lodged an appeal against a €500 million ($580 million) fine imposed by the European Commission for alleged violations…

Intel continues to pull back on its manufacturing projects

Intel is scaling back its manufacturing ambitions as part of CEO Lip-Bu Tan’s broader effort to streamline operations. In its…

Sam Altman warns there’s no legal confidentiality when using ChatGPT as a therapist

OpenAI CEO Sam Altman has raised concerns about the lack of legal privacy protections for users who turn to AI…

Meta names Shengjia Zhao as chief scientist of AI superintelligence unit

Meta CEO Mark Zuckerberg announced on Friday that Shengjia Zhao, a former researcher at OpenAI, will serve as Chief Scientist…

Tesla is reportedly behind on its pledge to build 5,000 Optimus bots this year

Tesla appears to be falling short of its previously stated target to manufacture 5,000 Optimus humanoid robots by the end…