Klarna CEO Sebastian Siemiatkowski told CNBC his company has shrunk its workforce by about 40%, in part due to its ...

In this week’s edition of InnovationRx, we look at Trump's drug pricing executive order, how the cofounder of Hims became a ...

The job cuts are part of Microsoft's broader effort to control expenses while advancing its investments in AI.

At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had ...

SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the ...

In today’s Digest, Google agrees to a $1.4bn settlement in Texas over privacy lawsuits, UK creatives urge Prime Minister ...

Once the best of friends, OpenAI and its most important financial backer Microsoft Corp. are now involved in tough ...

The companies also are rewriting the terms of a wider contract that was drafted when Microsoft and OpenAI first unveiled an ...

The Renaissance IPO ETF ( IPO) share price has recovered to levels not seen since early February, reflecting a modest revival ...

Reworking their multibillion-dollar bromanceOpenAI and the software King of the World Microsoft are reworking their ...

OpenAI and Microsoft are rewriting terms of their multibillion-dollar partnership in a negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant's ...

OpenAI's plans to go public hinge on renegotiating its multibillion-dollar partnership with Microsoft, which seeks equity ...