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Anthropic vs OpenAI: Behind the bitter battle for the future of AIThe fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceXOpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...
- Why SpaceX's mega IPO may not signal a broader rebound in listingsSpaceX's huge IPO is set to capture global attention. However, experts believe this event may not reflect the true health of the broader IP...
- Arm forecasts higher-than-expected revenue on surging AI data center demandArm Holdings anticipates higher first-quarter revenue, boosted by strong demand for its AI chip technology. However, the company has not ye...
- Brain drain at OpenAI: 3 top leaders leave in a single day—Sora ends, billions lost despite AI boomOpenAI sees three top executives leave on the same day. This follows the company's decision to close experimental projects like Sora, its A...
- Verizon sends urgent message to users — what it means for millions right nowVerizon has warned users about a new price increase for its streaming bundle. The plan with Netflix and HBO Max will cost more starting soo...
- Verizon layoffs: CEO Daniel Schulman's remarks about company’s 'critical inflection point' emerge. Here's what he saidVerizon is planning its largest-ever job cuts, aiming to eliminate approximately 15,000 positions as part of a significant restructuring un...
- Verizon stock shrinks 4% after ex-PayPal CEO Dan Schulman named new CEO - here're the challenges he facesDan Schulman: Verizon stock saw a significant drop of over 4 percent on Monday. This decline followed the announcement that Dan Schulman, f...
- Luxury brand Burberry reports smaller-than-expected dip in first-quarter comparable salesBurberry experienced a smaller-than-expected 1% drop in comparable retail sales during the first quarter, signaling potential early recover...
- London-listed Burberry shares rally 10% on plans to cut 20% global workforceBritish luxury brand Burberry plans to reduce its global workforce by roughly 20 per cent. This decision follows a turnaround strategy unde...
- Burberry plans to cut up to 18% jobs from its workforce, full-year profit beats expectationsBurberry is set to cut 1,700 jobs globally as part of a cost-cutting and turnaround strategy led by CEO Joshua Schulman. Despite a challeng...
- John Schulman leaves AI startup AnthropicSchulman joined Anthropic after leaving OpenAI in August to deepen his focus on AI alignment, and return to hands-on technical work.
- OpenAI cofounder John Schulman joins ex-CTO Mira Murati’s new startupOpenAI co-founder John Schulman's role at Mira Murati’s company is still unclear, and the startup has yet to share further details. Schulma...
- Burberry CEO vows revival following 20% drop in salesShares of Burberry rose as much as 15% in early trading in London, after Joshua Schulman said he would undo the missteps of previous manage...
- OpenAI cofounder John Schulman leaves ChatGPT maker for rival Anthropic"This choice stems from my desire to deepen my focus on AI alignment, and to start a new chapter of my career where I can return to hands-o...
- PayPal names Intuit's Alex Chriss as its new CEOThe change of guard marks a watershed moment for digital payments giant PayPal, which has been looking to push deeper into the cryptocurren...
- A Schulman Inc's new plastics masterbatch manufacturing facility to be opened at VadodaraThe Ohio-based A Schulman Inc's new plastics masterbatch manufacturing facility in India will be inaugurated at Vadodara tomorrow.
- Even in times of debt crisis and economic slowdown, people still want great fashionHowever, there are blips in the growth story such as inadequate infrastructure &supply, and relatively fewer luxury locations.
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