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OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity

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OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news...
Tech

Oura announces new smart ring with updated design and new sensors for $349

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A user wearing an Oura RingCourtesy: OuraOura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at $349. The...
Bussiness

OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

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OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster...
Bussiness

Goldman-backed Starling Bank hit with $38.5 million fine for financial crime prevention failures

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The Starling Bank banking app on a smartphone.Adrian Dennis | AFP via Getty ImagesU.K. financial regulators hit British digital lender Starling Bank with a...
Tech

Hands-on with Meta’s Orion AR glasses prototype and the possible future of computing

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Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company's headquarters...
Bussiness

Sam Altman tells OpenAI staff there’s no plan for him to receive a ‘giant equity stake’ in company

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At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a "giant equity stake" in the...
Tech

Meta unveils $299 Quest 3S VR headset, Orion AR glasses prototype

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Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on...
Tech

Apple iPhone 16, Apple Watch Series 10 and AirPods 4 debut around the world

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Apple on Friday greeted customers at its stores around the world for the debuts of the iPhone 16, Apple Watch Series 10 and AirPods...
Tech

Snap unveils latest AR glasses despite ongoing struggles in core ad business

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Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica,...
Bussiness

Amazon tells employees to return to office five days a week

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Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday.The decision...
Tech

Apple shares slide as analysts highlight sluggish iPhone 16 demand

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An attendee holds two iPhone 16s as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, on Sept....
Tech

Microsoft to cut 650 jobs at its Xbox gaming unit — read the full memo from top exec Phil Spencer

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Phil Spencer, executive vice president at Microsoft, speaks at the company's Xbox One X reveal event ahead of the E3 Electronic Entertainment Expo in...
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