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TIYASHI DATTA
Databricks strikes $1.3 billion deal for generative AI startup MosaicMLThe deal comes at a time when Artificial Intelligence (AI) is dominating the tech industry, with rapid AI thrusts coming from big tech, inc...- HP to cut about 12% jobs by end of fiscal 2025The PC maker also forecast a lower-than-expected profit for the first quarter as it expects softness in both consumer and commercial demand.
- Ackman gives up on Netflix, taking $400 million loss as shares tumbleAckman's hedge fund Pershing Square Capital Management made an abrupt U-turn, selling the 3.1 million shares it had bought just three month...
- Rivian valued at over $100 billion on listing after biggest IPO of 2021That made the Amazon-backed Rivian the second most valuable US automaker after Tesla, which is worth $1.06 trillion. It ranked ahead of Gen...
- Accenture forecasts current-quarter revenue below estimatesThe company estimates current-quarter revenue to be between $11.15 billion and $11.55 billion, compared with Wall Street estimates of $11.5...
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