Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.
Databricks has acquired a minority stake in data and artificial intelligence consultancy Indicium, the companies said on Tuesday, marking the San Francisco-based firm’s first investment in a startup founded in Latin America.
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued revenue growth, said three people with knowledge of the matter.
The rapid rise of automation, AI and other technologies provides food and beverage (F&B) companies with powerful tools to improve performance – but they’re only as effective as the people who use them.
Amsterdam-based cryptocurrency service provider Amdax plans to launch a bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) on the Dutch stock exchange, Amdax said on Monday.
U.S. President Donald Trump upended decades of U.S. national security policy, creating an entirely new category of corporate risk, when he made a deal with Nvidia to give the U.S. government a cut of its sales in exchange for resuming exports of banned AI chips to China.
Sony raised its full-year operating profit forecast on Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing factors including expectations of a smaller impact from U.S. President Donald Trump’s tariffs.