Technology
OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth
OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025 conference in Seattle, May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI has hit $10 billion in annual recurring revenue less than three years after launching its […]
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Warner Bros. Discovery split throws the future of TNT Sports into question
David Zaslav attends the world premiere of “The Flash”, in Hollywood, Los Angeles, California, U.S., June 12, 2023. REUTERS/Mike Blake Mike Blake | Reuters Earlier this year, Warner Bros. Discovery Chief Executive Officer David Zaslav ended his company’s long relationship with the National Basketball Association. Now, he may be setting the stage to end his […]
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Photos show Waymo vehicles on fire during LA protests as company cuts service
A row of Waymo vehicles burn on a street during an anti-ICE protest in downtown Los Angeles, California, on June 8, 2025. Benjamin Hanson | Afp | Getty Images Several Waymo autonomous vehicles were set ablaze in downtown Los Angeles on Sunday amid widespread protests against President Donald Trump’s immigration crackdown. A spokesperson for the […]
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Microsoft enters portable gaming with new ROG Xbox Ally devices
Microsoft ROG Xbox Ally and Ally X Handheld devices Source: Xbox Microsoft Xbox players will soon be able to take their favorite games anywhere with the launch of the new ROG Xbox Ally handhelds. This is a first for Xbox, which has never released a handheld before. The devices, developed in collaboration with ASUS, offer […]
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Vantage raises $820 million in a first-of-its-kind cloud and AI data center deal in Europe
U.S. data center operator Vantage has raised 720 million euros ($821.4 million) — the first of its kind deal in Europe. The asset-backed securitization (ABS) deal, the first ever euro-denominated with data center assets on the continent, involves four data centers in Germany. The company said it will be paying on average a 4.3% coupon […]
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IonQ buys UK quantum startup Oxford Ionics for more than $1 billion
IonQ is buying United Kingdom-based quantum computing startup Oxford Ionics in a deal valued at nearly $1.1 billion. Shares gained about 4%. The companies said in a release that the deal will combine IonQ’s quantum computing hardware and software knowledge with Oxford Ionics’ semiconductor chip technologies. The company aims to deliver breakthroughs in the field […]
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‘He’s like Iron Man’: Jensen Huang lit up London Tech Week — and we were in the room
Jensen Huang, co-founder and chief executive officer of Nvidia, at the London Tech Week exposition in London, UK, on Monday, June 9, 2025. Bloomberg | Bloomberg | Getty Images LONDON — Wherever Nvidia CEO Jensen Huang goes, excitement follows — this time, all the way to London Tech Week. The Nvidia boss — whom Wedbush […]
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Nvidia’s Huang says programming AI is now like training a person
Nvidia CEO Jensen Huang says artificial intelligence is the “great equalizer” because it lets anyone program using everyday language. Speaking at London Tech Week on Monday, Huang said that, historically, computing was hard and not available to everyone. “We had to learn programming languages. We had to architect it. We had to design these computers […]
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Nvidia CEO says the UK is in a ‘Goldilocks’ moment: ‘I’m going to invest here’
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images LONDON — Nvidia CEO Jensen Huang poured praise on the U.K. on Monday, promising to boost investment in the country’s artificial intelligence sector with his multitrillion-dollar semiconductor company. “The […]
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UK finance watchdog teams up with Nvidia to let banks experiment with AI
Key Points The U.K.’s Financial Conduct Authority announced the Supercharged Sandbox, a partnership with Nvidia that aims to help banks safely experiment with AI. The initiative is designed for financial services firms in the “discovery and experiment phase” with AI, the FCA said. Banks have faced challenges shipping advanced new AI tools to their customers […]
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