An AI consultant has revealed that one of their enterprise clients generated a $500 million bill in a single month after neglecting to set usage limits on employee access to…
Category: Companies
Pfizer inks up to $10.5 billion deal with China’s Innovent Biologics
Pfizer Inc. and China’s Innovent Biologics Inc. signed a global agreement worth as much as $10.5 billion to develop cancer drugs. The agreement, announced by the companies Thursday, includes a…
Peter Thiel bought a $12 million Buenos Aires mansion. Why is the billionaire exploring Argentina as strategic Plan B?
PayPal co-founder and venture capitalist Peter Thiel has purchased a historic $12 million estate in one of Buenos Aires’ most exclusive neighbourhoods, as the Silicon Valley billionaire deepens ties with…
SBI Funds, Manipal Health set stage for a busy IPO market in second half of 2026
Mumbai: Despite lingering uncertainties from the West Asia war, India’s primary market is likely to gather pace in the second half of the year, with the much-awaited listings of SBI…
Byju Raveendran’s long-running settlement talks face fresh strain after Singapore ruling
The dispute over ownership of some Aakash Educational Services Ltd shares continues to cast a cloud over settlement talks of bankrupt edtech Byju’s, even as its founder Byju Raveendran expresses…
How Anthropic became world’s most valuable AI startup, surpassing OpenAI with $965 billion valuation
Dario Amodei’s San Francisco-based artificial intelligence company is now valued at $965 billion, surpassing OpenAI’s $730 billion valuation in one of the largest private funding rounds in technology history. ,…
Victims of the Washington paper mill disaster included husbands and grandfathers
LONGVIEW, Wash. (AP) — Authorities resumed the painstaking search Thursday for nine workers feared dead at a Washington state paper mill where , devastating a community where many families have…
Anthropics valuation surges to $965 billion, surpassing OpenAI
May 28 (Reuters) – Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to bolster computing capacity to meet growing…
FTC Chairman Ferguson Says Agency Probing Fertilizer Industry
(Bloomberg) — The Federal Trade Commission recently launched an antitrust investigation into the rising costs of fertilizer in the US, the agency’s head said at an event in Texas on…
Mukesh Ambani draws no salary for sixth straight year; check out RIL chairman’s dividend earnings
Billionaire industrialist and Reliance Industries chairman Mukesh Ambani continued to draw no salary from the conglomerate during FY26, extending his voluntary decision for the sixth consecutive year. Despite heading one…