Business

AMD CEO Lisa Su and OpenAI CEO Sam Altman on stage during the AMD Advancing AI 2025 keynote discussing AI chip collaboration.

AMD Stock Soars 24% as OpenAI Partnership Delivers 6-Gigawatt GPU Deal Worth Tens of Billions with 160M Share Warrant

Sunita Somvanshi

OpenAI has emerged as a kingmaker in the AI economy, with investors rewarding companies that secure partnerships with the ChatGPT ...

Screenshot of a CoreWeave social media post on X announcing a $6.5 billion expansion of its partnership with OpenAI.

CoreWeave and OpenAI expand partnership with a new $6.5 billion deal, bringing total to $22.4 billion

Sunita Somvanshi

CoreWeave announced Thursday its biggest expansion yet with OpenAI, signing a $6.5 billion deal that brings their total agreements to ...

Srini Gopalan smiling in black T-Mobile branded jacket against blurred magenta background

T-Mobile Names Srini Gopalan CEO as $200B Market Cap Success Story Gets New Leader in November 2025

Sunita Somvanshi

T-Mobile announced Monday that Chief Operating Officer Srini Gopalan will take over as CEO on November 1, 2025, replacing Mike ...

Nvidia and Intel logos side by side against a black background, with the green Nvidia logo on the left and the blue Intel logo on the right.

Nvidia’s $5B Intel Investment Sends Shares Up 23%, Creating Historic AI-PC Chip Alliance

Sunita Somvanshi

Nvidia announced a $5 billion investment in Intel last week, marking a major shift in the relationship between the longtime ...

Telecommunications towers with lattice steel construction standing against blue sky in Senaki, Georgia.

SpaceX Buys EchoStar Spectrum for $17B to ‘End Mobile Dead Zones’ with Starlink Direct-to-Cell Service

Sunita Somvanshi

SpaceX has agreed to purchase wireless spectrum licenses from EchoStar for $17 billion, a move that will boost Starlink’s direct-to-cell ...

Close-up of a Broadcom BCM2837 system-on-chip processor mounted on a green Raspberry Pi 3 circuit board.

Broadcom Stock Surges 11% On $10B AI Chip Order As Analyst Projects ‘$40B In AI Revenue’ For Next Year

GigaNectar Team

Broadcom’s stock jumped 11% Friday after the chipmaker announced a $10 billion order from a new customer for its custom ...

Person taking a photo of Salesforce headquarters building in San Francisco with the blue cloud logo prominently displayed on the facade alongside colorful murals stating "Eagle is a Trailblazer" and "South Beach is a Trailblazer"

Salesforce Cuts 4,000 Jobs as AI Handles Half of Customer Queries

Sunita Somvanshi

Salesforce CEO Marc Benioff announced the company has cut 4,000 customer support jobs, nearly halving the department from 9,000 to ...

Elon Musk in business suit holding phone during 2019 visit to military aerospace command headquarters in Colorado Springs

Musk Lawsuit Exposes Apple’s 65% Market Control Blocking AI Competition with OpenAI Deal

Sunita Somvanshi

Elon Musk’s companies have launched a major legal battle against two tech giants, claiming they’ve teamed up to crush competition ...

Intel headquarters building exterior showing blue Intel logo sign in front of modern glass office building with white architectural elements in Santa Clara California

Intel’s $18.8B Loss Becomes $10B Government Stake After CEO White House Visit

Sunita Somvanshi

The U.S. government will buy a 9.9% stake in Intel, marking an unusual move as the Biden-era CHIPS Act funding ...

Apple TV+ logo displayed on a smartphone screen with U.S. dollar bills placed underneath on a wooden surface.

Apple TV+ Price Surges to $12.99 Monthly, Annual Plan Saves $57

Sunita Somvanshi

Apple has increased the monthly subscription cost for its streaming service Apple TV+ to $12.99 in the United States, marking ...