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

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...

Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea's Samsung Electronics Co Ltd turned in its best...

Japan stocks rebound over 10% after historic losses; other Asia markets were also up

Employees work in the trading room inside the Mitsubishi UFJ Trust and Banking head office in Tokyo, Japan, on Tuesday, March 19, 2024.Bloomberg |...

Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit

Nikolay Storonsky, founder and CEO of Revolut.Harry Murphy | Sportsfile for Web Summit via Getty ImagesLONDON — The boss of British financial technology giant...

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