BUSINESS

With the huge success of its generative tools such as ChatGPT, OpenAI has become one of the most significant tech companies in the world

OpenAI Comes To Asia With New Office In Tokyo

Thanks to the stratospheric success of its generative tools that can create text, images and even video, OpenAI has become a leader in the artificial intelligence revolution and one of the most significant tech companies in the world.

Race For AI Isn't Zero-sum, Says Amazon Cloud Boss

Amazon Web Services (AWS) CEO Adam Selipsky notes Amazon has been in the AI business for more than 25 years
Tech giants like Microsoft, Google and Meta have made headlines talking about their own foundational models, or those of their close partners, that are key to AI and its ability to produce written works, images, videos or even computer code from simple user prompts.
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The price of cocoa beans has soared in recent months

Red-hot Cocoa Price Melts Profit At Top Chocolate-maker

The firm said revenues jumped 19 percent in local currency and 11 percent in Swiss francs thanks to the effect of rising cocoa prices, while sales in volume terms were largely steady, edging up 0.7 percent to 1.1 million tons.
The logo of US giant General Electric in Belfort, eastern France, on June 3, 2019. General Electric is breaking up into three entities as of April 2, 2024

Swan Song For General Electric As It Completes Demerger

An initial split took place in January 2023 with the creation of GE HealthCare, bringing together all the health care activities. The official finalization of the separation comes Tuesday, with General Electric disappearing in favor of GE Vernova, dealing with energy activities, and GE Aerospace, the new name of the late GE.
Gold hit a new high of $2,256.44

Gold Hits Another Record High On Fed Rate Cut Bets

The precious metal has enjoyed healthy buying interest this year as the US central bank hints at an easing of credit conditions. It hit a new high of $2,265.73 on Monday, according to Bloomberg News.
Amazon, Apple, Google parent Alphabet, TikTok owner ByteDance, Meta and Microsoft have to comply with the new law

EU Probes Apple, Google, Meta Under New Digital Law

The European Commission, the EU's antitrust regulator, announced that it "suspects that the measures put in place by these gatekeepers fall short of effective compliance of their obligations under the DMA" -- the bloc's Digital Markets Act.

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