openai in deal valuing it at 80 billion media

OpenAI in deal valuing it at $80 billion: media

OpenAI has concluded a deal with investors that reportedly values the California start-up at $80 billion or more, after a roller-coaster year for the inventor of ChatGPT.
us dollar dominance not under threat despite risks fed official

US dollar dominance not under threat, despite risks: Fed official

The status of the US dollar as the world's reserve currency is likely to continue, despite threats posed by China's rise and the growth of cryptocurrencies, a US Federal Reserve official said Thursday.
mbappe tells psg he plans to leave as saga draws to close

Mbappe tells PSG he plans to leave as saga draws to close

France captain Kylian Mbappe has told officials at Paris Saint-Germain that he intends to leave when his contract expires at the end of the season, a source close to the Ligue 1 champions said on Thursday.
microsoft says to invest 32 bn euros in ai in germany

Microsoft says to invest 3.2 bn euros in AI in Germany

Microsoft said Thursday it would invest 3.2 billion euros ($3.4 billion) in Germany through 2025, with the bulk going to expand the tech giant's efforts in artificial intelligence.
bitcoins renewed euphoria as price keeps rising

Bitcoin's renewed euphoria as price keeps rising

Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals.
chatgpts openai reveals text to video tool

ChatGPT's OpenAI reveals text-to-video tool

OpenAI, the creator of ChatGPT and image generator DALL-E, said it was testing a text-to-video model called Sora that would allow users to create realistic videos with a simple prompt.
big firms with 7 tn exit climate investment pressure group

Big firms with $7 tn exit climate investment pressure group

A pair of large investment companies with nearly $7 trillion in assets, said Thursday they exited a climate change investor initiative that aims to pressure companies to quickly cut carbon emissions.
former china football head to go on trial monday

Former China football head to go on trial Monday

The former head of China's top football body Chen Xuyuan is to stand trial for bribery on Monday, Beijing's state media said, as an anti-corruption drive sweeps up once-major players in the sport.
psg held as brest fight back for draw in ligue 1

PSG held as Brest fight back for draw in Ligue 1

Paris Saint-Germain blew a two-goal lead as in-form Brest staged an impressive comeback to hold the French champions to a 2-2 draw in Ligue 1 on Sunday.
toyota suspends shipments of 10 models on testing irregularities

Toyota suspends shipments of 10 models on testing irregularities

Toyota said Monday it was suspending shipments of 10 models that use engines linked with testing irregularities at an affiliate company.
microsoft lays off 1900 staff after activision gaming buyout

Microsoft lays off 1,900 staff after Activision gaming buyout

Microsoft is laying off 1,900 people, or eight percent of staff, from its gaming division as it consolidates the blockbuster buyout of "Call of Duty" maker Activision Blizzard.
openai ceo altman visits skorea for samsung sk hynix meetings reports

OpenAI CEO Altman visits S.Korea for Samsung, SK Hynix meetings: reports

ChatGPT creator OpenAI's CEO, Sam Altman, has arrived in South Korea to meet with the leaders of chip giants Samsung Electronics and SK Hynix, reports said Friday.
us fed rate cuts become question of when not if

US Fed rate cuts become question of when, not if

The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent.
philips trims losses stops selling sleep devices in us

Philips trims losses, stops selling sleep devices in US

Under-fire Dutch medical device maker Philips said Monday it would halt new sales of sleep machines in the US after a series of recalls that continued to weigh on results.
eu rules have failed to cut car c02 emissions report

EU rules have failed to cut car C02 emissions: report

Bigger, more-powerful cars have negated the impact of tighter CO2 emissions regulations in the EU, a report by the bloc's internal auditor found Thursday.