Business Category

BUSINESS

Sep 12, 2025

OpenAI bets big: $300B Oracle cloud deal is 6x its annual revenue

OpenAI signed a $300 billion cloud computing contract with Oracle that dwarfs the artificial intelligence (AI) company's current revenue, creating one of tech's riskiest financial gambles as the startup races to secure computing

BUSINESS

Aug 27, 2025

Musk’s xAI sues Apple and OpenAI over alleged iPhone AI monopoly

Elon Musk's artificial intelligence (AI) company xAI sued Apple and OpenAI on Monday, claiming their partnership creates an illegal monopoly that blocks competitors from reaching iPhone users. The lawsuit filed in a Texas federal

BUSINESS

Aug 25, 2025

Meta strikes deal with Midjourney to boost AI visuals across Facebook, Instagram and WhatsApp

Meta struck a deal with artificial intelligence (AI) image startup Midjourney to license its technology for future products, signaling the social media giant's new strategy of partnering rather than building all AI tools internally.

BUSINESS

Aug 21, 2025

Nigeria becomes launchpad for AfricAI, a multinational push for local AI development

Four international tech companies signed an agreement Monday to create AfricAI, a joint venture that aims to develop artificial intelligence (AI) systems within Africa rather than importing them from global tech giants. The partnership brings

BUSINESS

Aug 8, 2025

OpenAI opens ChatGPT Enterprise to federal workers for $1 each

OpenAI will charge federal agencies just one dollar each for a full year of ChatGPT Enterprise, delivering premium artificial intelligence (AI) tools to 2 million government workers at the lowest price ever offered by an

BUSINESS

Aug 8, 2025

Enterprise AI in a box: SuperX’s new server ships with GPT preloaded

SuperX AI Technology launched enterprise servers Wednesday that promise to cut months of artificial intelligence (AI) setup work while keeping company data safe through advanced security features. The Singapore-based company's new All-in-

BUSINESS

Aug 1, 2025

TalentLMS brings AI-powered coaching to small businesses

TalentLMS launched its artificial intelligence (AI) Coach on July 31, offering small and medium-sized businesses round-the-clock personalized training support that was previously available only to companies with extensive instructor resources. The virtual

BUSINESS

Jul 28, 2025

Saudi Arabia launches HUMAIN with sights set on global AI leadership

Crown Prince Mohammed bin Salman launched HUMAIN in May 2025, betting that artificial intelligence (AI) will become as strategically vital as oil once was for the desert kingdom. The state-owned AI company, backed by

BUSINESS

Jul 25, 2025

U.S. drops AI safety rules under Trump’s new tech race plan

President Donald Trump launched his plan to beat China in artificial intelligence (AI) on Wednesday, so Biden's safety testing requirements for AI companies are now history. The 28-page "America's AI Action Plan"

BUSINESS

Jul 23, 2025

OpenAI’s $30B Oracle deal will build data centers equal to two Hoover Dams

OpenAI will pay Oracle $30 billion annually for data center services in an expanded partnership that dwarfs the artificial intelligence (AI) company's current $10 billion yearly revenue, cementing one of the largest infrastructure deals

BUSINESS

Jul 23, 2025

LG unveils ChatExaone: enterprise AI assistant built entirely on Korean technology

South Korea's LG Group rolled out its ChatExaone artificial intelligence (AI) assistant Tuesday, betting that homegrown technology can compete with American tech titans in the booming business AI market. The move puts LG directly

BUSINESS

Jul 22, 2025

xAI’s Grok 4 model outperforms AI companions in App Store revenue

xAI's Grok 4 model drove a 325% revenue increase to $419,000 daily on iOS within two days of its July 9 launch, while the company's NSFW artificial intelligence (AI) companions generated only

BUSINESS

Jul 18, 2025

OpenAI taps Google Cloud to scale ChatGPT, ending Microsoft cloud monopoly

OpenAI has integrated Google Cloud into its computing network, shifting away from its heavy reliance on Microsoft as demand for artificial intelligence (AI) processing power surges. The deal, completed in May after months of talks,

NEWS

Jul 17, 2025

U.S. clears Nvidia to resume AI chip shipments to China

Nvidia will resume selling artificial intelligence (AI) chips to China following CEO Jensen Huang's successful lobbying of President Donald Trump, reversing export restrictions that cost the company billions in projected revenue. The California-based

BUSINESS

Jul 16, 2025

xAI joins OpenAI, Google in Pentagon’s $200M AI defense initiative despite Nazi chatbot scandal

The Pentagon granted Elon Musk's xAI a contract worth up to $200 million on Monday, just one week after the company's Grok chatbot identified itself as "MechaHitler" and generated antisemitic posts that forced

BUSINESS

Jul 14, 2025

Meta strengthens AI arsenal with acquisition of voice tech firm PlayAI

Meta completed its acquisition of voice cloning startup PlayAI this week, with CEO Mark Zuckerberg personally orchestrating the deal to accelerate the company's artificial intelligence capabilities. The California-based startup's entire team joined

BUSINESS

May 26, 2025

How AI Is Changing Human Resources: Trends & Tools

How AI is changing the future of human resources comes down to one thing: making HR smarter, faster, and less manual. From hiring to performance tracking, AI in HR is taking over routine tasks and

BUSINESS

May 7, 2025

OpenAI’s $3 billion Windsurf buy threatens GitHub Copilot

OpenAI agreed to acquire Windsurf, an artificial intelligence (AI)-assisted coding platform formerly known as Codeium, for $3 billion. The deal marks OpenAI's largest acquisition yet and changes the competitive landscape for AI coding