Sony Shifts Focus from PC Releases to AI Integration in Latest Strategy Report
Sony’s recent business report omits plans for PC game releases while emphasizing expanded AI use to boost development and personalize the PlayStation experience.
Corporate Power
Latest in Corporate Power
Corporate Power
Corporate Power
Elastic Strengthens Reliability Tools with Acquisition of Deductive AI
Elastic has expanded its troubleshooting capabilities by acquiring Deductive AI, a startup offering AI-driven fault diagnosis for tech infrastructure, in a deal reportedly up to $85 million.
Corporate Power
Chinese Military-Linked Investors Secretly Acquired SpaceX Stakes Before IPO
A newly revealed investor list shows that individuals connected to Chinese military contractors purchased stakes in SpaceX prior to its IPO, raising concerns about sensitive technology access.
Corporate Power
GovCon Industry Faces Confidence Decline Despite Rising AI Adoption and Operational Focus
Federal contractors report slipping confidence amid procurement delays, but leading firms boost investments in AI and disciplined operations to secure growth.
Corporate Power
Apple signals product price increases amid rising chip costs driven by AI demand
Apple plans to raise prices on Macs, iPads, and potentially iPhones due to soaring memory chip costs caused by growing demand from AI server manufacturers.
Corporate Power
AI Startup CuspAI Poised to Secure $400 Million to Accelerate Material Discovery
CuspAI is preparing to close a $400 million funding round, valuing the UK-based AI material discovery startup at $2.6 billion, with backing from high-profile investors.
Corporate Power
SpaceX Strengthens Governance by Adding Roelof Botha to Board After $75 Billion IPO
SpaceX appointed Roelof Botha as an independent board member and audit committee member following its record-breaking initial public offering, enhancing oversight amid its transition to a public company.
Corporate Power
EU Antitrust Chief Urges Stronger Support for Cross-Border Bank Mergers to Boost Integration
The EU’s antitrust leader calls on member states to back cross-border bank mergers, emphasizing their role in advancing the single market and funding green and digital transitions.
Corporate Power
Dollar General Cuts Prices on Over 2,000 Items to $1 or Less Amid Inflation Pressure
Dollar General responds to rising inflation and gas costs by lowering prices on thousands of products to $1 or less, expanding its value offerings for budget-conscious shoppers.
Corporate Power
SpaceX’s IPO Pushes Valuation Above $2 Trillion, Reshaping Space Industry Dynamics
SpaceX’s $75 billion IPO briefly lifted its market value past $2 trillion, fueled by Starlink’s growth and signaling a shift in competitive power across launch, satellite, and AI sectors.
Corporate Power
SpaceX Poised to Outpace Micron with Explosive Growth in AI Revenue by 2028
SpaceX is entering a phase of rapid AI-driven revenue growth, with projections suggesting it could surpass $200 billion annually within two years, rivaling leading tech giants.
Corporate Power
Former Sneaker Brand Allbirds Reinvents Itself as AI Infrastructure Company Smartbird
Once known for its eco-friendly sneakers, Allbirds has sold its footwear business and transformed into Smartbird, focusing entirely on AI infrastructure under new leadership.