$25B Investor: AI Cycle Extends Beyond Chips
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Dec 22Business Insidereconomics
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Core Scientific was a crypto mining company before repurposing its business to focus on AI. Mustafa Hatipoglu/Anadolu via Getty Images A major investor in Core Scientific says the firm will lease 400 ...
US administration has other ways to hit trading partners with duties...
📋 Key Facts ✓ Instacart is ending all item price tests effective immediately. ✓ Retailers can no longer use Eversight technology for pr...
Experts say the digital euro’s outcome hinges on a political compromise with parties fighting for the limits of privacy and online functionality....
The balance of power tends to shift every two years because political parties typically overpromise and underdeliver, according the billionaire hedge fund manager....
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
A girl reaches up to burst a large bubble on the Palace Plaza in Stuttgart, Germany, 19 October 2017. Photo: Marijan Murat/dpa (Photo by Marijan Murat/picture alliance via Getty Images) Marijan Murat/...
Lockheed Martin said it plans to boost production of Patriot missile interceptors. US Army photo by Sgt. JaDarius Duncan Lockheed Martin said it plans to boost annual production of Patriot missile int...
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...
Rome and Italian group look for a solution ahead of US ban on Chinese-backed car software and hardware...
📋 Key Facts ✓ Warner Bros. Discovery (WBD) shareholders must weigh pros and cons of tendering shares to Paramount. ✓ The tender offer i...
Netflix reportedly wants to keep movies in theaters for just 17 days after it buys Warner Bros. In a report from Deadline on the Stranger Thing Season 5 finale, which made $25 million in theaters afte...
ShopMy founders Harry Rein, Tiffany Lopinsky, and Chris Tinsley. Courtesy of ShopMy AI and social commerce are fueling millions of dollars in investments in the creator economy. Startups from generati...
Warren Buffett, the CEO of Berkshire Hathaway, is retiring at the end of this year. Kevin Dietsch/Getty Images R360's Barbara Goodstein says Berkshire Hathaway's coming shake-up is an opportunity for ...
Paramount Skydance, Warner Bros. Discovery, and Netflix have very different approaches to remote work. John Lamparski/Getty Images; Dania Maxwell / Los Angeles Times via Getty Images; Beata Zawrzel/Nu...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Beyoncé performs during the Renaissance World Tour. Kevin Mazur/WireImage for Parkwood Beyoncé is worth $1 billion, according to Forbes' estimates. Much of her wealth is derived from her valuable musi...
Scribe cofounder and CEO Jennifer Smith. Scribe AI startup Scribe raised $75 million and achieved unicorn status. Scribe helps businesses standardize workflows and implement AI. Here's the pitch deck ...