Tag: business news
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OpenAI’s latest AI revelation is a ‘serious situation,’ Microsoft’s Suleyman tells CNBC
Suleyman joined “Squawk Box” to discuss OpenAI’s latest incidents of “concerning model behavior” disclosed earlier this week.
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The U.S. says China’s AI progress is down to ‘distillation.’ But is it that clear cut?
The U.S. administration and Anthropic have accused China’s AI companies of ‘distillation’, but a growing cohort of voices are questioning the impact.
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Netflix is headed for its worst year since 2022. Wells Fargo thinks a comeback is unlikely
Netflix is struggling to hold onto its viewers, and it’s unlikely the situation will improve in the near future, according to Wells Fargo.
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Apple to fly higher as new, more expensive iPhones hit market, Evercore ISI says
Apple is likely to get a boost from its newest wave of smartphones, including the iPhone 18 Pro and Pro Max, per Evercore ISI.
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Tyson Foods is set to come back on several tailwinds, JPMorgan says
The investment bank upgraded the chicken and beef processor to overweight from neutral.
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Warren Buffett stepping down as chairman of Berkshire Hathaway: ‘Father Time always wins’
Buffett’s son, Howard, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said.
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AirAsia’s Fernandes refutes financial concerns, points to new growth plans
AirAsia’s Tony Fernandes pushed back against a report raising concerns over the airline’s financial health, while signaling plans to resume growth.
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Anthropic and OpenAI hunt for smaller data center deals, sources tell CNBC, in race to deploy AI capacity
Anthropic and OpenAI have announced a flurry of AI infrastructure deals over the past year as demand booms.
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An intense boardroom battle is brewing at India’s giant Tata Group
In 10 years, India’s leading multinational conglomerate, the Tata Group, is facing a new power struggle between the chairman of Tata Sons and Tata Trusts.
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Bitcoin is set to hit a key level by next year as fiscal worries prop up the cryptocurrency: VanEck
Sigel said that conversations with institutional clients, from advisors to sovereign wealth funds indicate that they are all buying bitoin.
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