The rapid growth of AI data centers is pushing property and casualty insurers to their capacity limits, creating both significant risks and opportunities in the insurance sector.
Oracle prepares a fresh wave of job cuts affecting multiple teams while significantly increasing spending on artificial intelligence infrastructure.
Denmark’s Again merges with Genomatica to combine AI-powered biotech design with scalable carbon recycling, advancing sustainable chemical production.
Nvidia partners with major Wall Street firms to channel $500 billion into AI hardware and data center projects, marking GPUs as a new financial asset class.
Cloudflare’s shares surged following an upward revision of its annual revenue forecast, reflecting growing AI-driven demand for its networking and security services.
Warner Music Group is set to boost its streaming revenue following new AI licensing agreements, including a key deal with the AI startup Suno, while competitors remain locked in litigation.
Regal Cinemas CEO Eduardo Acuna endorses Paramount Skydance’s acquisition of Warner Bros. Discovery, warning the pending antitrust trial could harm the movie industry.
Google is negotiating a $1.5 billion deal to license AI technology from startup Mechanize, while securing key talent to boost its AI coding capabilities amid fierce competition.
Toast reported record net restaurant additions and highlighted its AI-powered tools as central to expanding revenue and deepening customer engagement.
Meta’s shares plunged sharply, dragging Mark Zuckerberg’s net worth down by nearly $18 billion as Wall Street reacts cautiously to the company’s rising AI investments and uncertain outlook.
The Hollywood Foreign Press Association accuses Penske Media and partners of fraud and monopolistic tactics in securing control of the Golden Globes, filing a $150 million lawsuit.
Former owners of the Golden Globe Awards filed a $150 million lawsuit accusing Penske Media of fraud and monopolistic tactics during its acquisition of the prestigious awards ceremony.