AI is changing the CEO’s role—and could lead to a changing of the guard

If you read brand new Target CEO Michael Fiddelke’s first message as chief to customers, employees and partners, you could...

Oracle said it was ‘highly confident in OpenAI’s ability to raise funds and meet its commitments.’ Cue the stock fall

Oracle opened the day higher on plans to raise $50 billion for AI infrastructure. It closed lower after reminding investors...

Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO

Elon Musk’s rocket company SpaceX has acquired xAI, the artificial intelligence firm founded by Musk three years ago, in a...

Indonesia’s Danantara bets a new $6 billion SOE can save a textile industry from Trump tariffs and foreign competition

Indonesia plans to establish a new state-owned enterprise (SOE) to rejuvenate its struggling textile and garment industry and shield it...

‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours

Palantir Technologies declared “we are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group...

It took the U.S. decades to respond to the 1970s energy shock with a strategic oil reserve, now it’s rerunning that playbook with rare earths

Buried in large, underground salt caverns along Texas and Louisiana’s coast, the world’s largest supply of emergency crude oil has...

Why Bitcoin is in a bear market: Analyst points to 3 factors after currency swoons below $75,000

It’s February and many traders are feeling a chill that feels a lot like crypto winter. Bitcoin dropped below $75,000...

Nvidia CEO denies ‘nonsense’ report he’s unhappy with OpenAI. ‘I really love working with Sam’

OpenAI could be the recipient of Nvidia’s largest-ever investment, but the AI chip leader isn’t going to put in $100...

California Gov. Gavin Newsom doubles down on his criticism of the proposed billionaire wealth tax

As the push for a new billionaire tax takes center stage in the Golden State, Governor Gavin Newsom is not...

How a ‘spy sheikh’ bought 49% of the Trump family’s flagship crypto company: ‘We’ve got some pretty meaningful investors’

Just four days before President Donald Trump took office in January 2025, two lieutenants to a member of the Abu...

$15 billion tech CEO says she doesn’t know what jobs will look like in 2 years—but she’s still pushing her son into computer science

Although AI companies are soaring to multi-billion-dollar valuations, job prospects in the tech industry are growing murkier. Computer programming employment...

Many employers are ditching merit-based pay bumps in favor of ‘peanut butter raises’

Professionals have long been taught a simple formula for career success: work hard, outperform your peers, and bigger paychecks will...

Pledge to invest $100 billion in OpenAI was ‘never a commitment,’ says Nvidia’s Huang

Nvidia Corp. Chief Executive Officer Jensen Huang said the company’s proposed $100 billion investment in OpenAI was “never a commitment”...

Trump erupts about Trevor Noah joke linking him to Bill Clinton and Jeffrey Epstein: ‘I can’t speak for Bill, but I have never been to Epstein Island’