Business

In a decisive pivot toward artificial intelligence, SoftBank has sold its $5.8 billion Nvidia holding to expand its investments in OpenAI. The company’s shift reflects growing belief in AI software’s …

Fresh trade disputes are brewing as the US moves to expand tariffs on steel-containing goods, a decision European exporters say “makes a mockery” of existing trade pacts. The US Commerce …

In a deal valued at $1 billion annually, Apple is set to integrate Google’s 1.2 trillion parameter Gemini AI model to serve as the new “summariser” and “planner” for its …

History is repeating itself as Norway’s sovereign wealth fund once again moves to reject a massive payday for Elon Musk. After voting against his $56 billion package last year, the …

Russian oil sales to China are being hit by a powerful double whammy: escalating Western sanctions and a domestic shortage of import quotas. Chinese “teapot” refiners, the small private players, …

Amazon is trying to “operate like the world’s largest startup,” and that effort involves laying off 14,000 corporate workers, even as its profits soar. The move was announced as the …

Nvidia has built a $5 trillion kingdom. The Silicon Valley chipmaker’s market capitalization officially hit $5.05 trillion on Wednesday, a figure that now dwarfs the individual gross domestic product of …

President Donald Trump is set for a “big meeting” with Chinese President Xi Jinping in South Korea this Thursday, where they will tackle a fresh wave of trade friction. Speaking …

Elon Musk seized control of Tesla’s earnings call to warn shareholders about what he considers misguided interference from proxy advisory firms regarding his trillion-dollar pay package. The passionate speech came …

A 1987 speech by Ronald Reagan  is at the center of a new collapse in US-Canada trade relations. President Trump has “terminated” all negotiations with Ottawa after a Canadian  ad …