Tag: Business
-
Oracle shares slide as hefty AI spending, debt plans spook investors
June 11 : Oracle shares tumbled 12 per cent on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company’s push to build out AI infrastructure.If the losses persist, the stock would log its biggest one-day drop since January last year, wiping off aroun
-
Novo Nordisk hit by cyber incident, probes data breach
June 11 : Novo Nordisk said on Thursday it has identified a security incident involving unauthorized access to a limited number of internal IT systems.The company said it has launched a probe with the assistance of external cybersecurity experts, and are in contact with the relevant authorities.The com
-
Oracle shares tumble 11% on increased capital raise, cash concerns
Oracle beat on earnings and revenue, but negative free cash flow and the company’s plan to raise more capital is weighing on the stock.
-
Grok’s AI image generation tool violated Canadian privacy law, says watchdog
OTTAWA, June 11 : xAI’s Grok chatbot violated Canadian privacy laws by launching an image-generation tool that allowed users to create and share non-consensual, sexualized deep fakes, an official watchdog said in a report on Thursday.
-
India’s SatSure bags $2.6 million grant to build AI-powered Earth observation models
June 11 : Indian space startup SatSure Analytics secured a 246 million rupee ($2.57 million) grant from the country’s space regulator on Thursday, to develop AI models for Earth observation as part of a wider push towards building sovereign AI capabilities.Governments worldwide are increasingly investing in d
-
KKR launches $10 billion AI infrastructure company with Nvidia, Vistra
June 11 : A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance the build-out of AI infrastructure, the latest effort by an alternative asset manager to capitalize on growing demand for AI services.The Kuwait Investment Authority, AI chip giant Nvidia an
-
Google in talks with Samsung to make next-generation chips, The Information reports
June 11 : Alphabet’s Google is in talks with Samsung Electronics to manufacture part of its next-generation tensor processing unit, codenamed “Icefish,” The Information reported on Thursday, citing two people familiar with the matter.Reuters could not independently verify the report.
-
U.S.-Iran hostilities escalate, Oracle’s fundraising plans, $100,000 colleges and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
-
SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next
As far as Wall Street is concerned, the stock market has what it takes to absorb the new supply.
-
SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel
SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls.
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news china cup Donald J. Trump Donald Trump economy European Union fast football France germany Heatwave Investment strategy iran Iran war markets news People per politics return russia said Singapore spain Sport Stock markets technology trump ukraine United Kingdom United States US-Israel attack on Iran 2026 video War in Ukraine World world cup World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
