Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record. The $40 billion financing values…
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion. “xAI and X’s futures are intertwined,” Musk, the world’s richest person, wrote in a post on X. “Today,…
Russian President Vladimir Putin speaks with Kremlin spokesman Dmitry Peskov during a summit of leaders of nations, which are members of the Commonwealth of Independent States (CIS), in Moscow, Russia October 8, 2024. Sergei Ilnitsky | Via Reuters The Kremlin on Tuesday said that it would not disclose the content of ceasefire deal talks with…
US negotiators are holding talks in the Saudi capital Riyadh with their Ukrainian counterparts and separately with the Russians on Monday. Washington’s aim is to bring about an immediate partial ceasefire to the war in Ukraine, followed by a comprehensive peace deal. So could these Riyadh talks produce the breakthrough so many are hoping for?…
Nvidia is building out an automotive tech business. Pictured here are its autonomous vehicle test cars at the company’s auto garage in Santa Clara, California, on June 5, 2023. Bloomberg | Bloomberg | Getty Images General Motors and Nvidia have agreed to a strategic collaboration that includes the automaker using several products and artificial intelligence…
Russia will seek guarantees that Nato will exclude Ukraine from membership and that Ukraine will remain neutral in any peace deal, a Russian deputy foreign minister said. “We will demand that ironclad security guarantees become part of this agreement,” Alexander Grushko told Russian media outlet Izvestia. “Part of these guarantees should be the neutral status…
US President Donald Trump and his Russian counterpart Vladimir Putin will speak in coming days, as talks continue over a possible ceasefire in the three-year war in Ukraine. US envoy Steve Witkoff, who met with Putin on Thursday in Moscow, told CNN that he expected that “there will be a call with both presidents this…
Paul Kirby Europe digital editor Reuters The deal is a personal victory for Friedrich Merz, Germany’s chancellor-in-waiting Germany’s conservative leader, Friedrich Merz, has clinched an enormous financial package to revamp defence and infrastructure, ahead of a crunch vote in parliament next Tuesday. Merz, who aims to lead a government with the Social Democrats in the…
Kishore Mahbubani, former Singapore ambassador to the United Nations and David Adelman, former U.S. ambassador to Singapore, at CNBC’s CONVERGE LIVE on Thursday, March 13, Singapore. CNBC While U.S. President Donald Trump is in theory “very negative on China,” in practice, he may be willing to do “a big trade deal” with the country, according…
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Danish biotech Zealand Pharma’s obesity drug candidate, as the two firms seek to compete in the burgeoning weight loss drug market. The deal will see the two companies co-develop and co-commercialize petrelintide, Zealand Pharma’s amylin analog as…
