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Business
OpenAI in talks to raise fresh funds at a valuation of more than $100bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI is in talks to raise billions of dollars at a…
LEGOLAND New York finds 'Model Builder' to bring onboard
LEGOLAND New York found its newest "Model Builder" to professionally build with the popular bricks at the Goshen theme park. The park’s new hire, identified as Port Jervis…
Patients on diabetes drugs less likely to develop dementia, research finds
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Patients who took certain drugs to combat type 2 diabetes…
Nvidia's earnings beat Wall Street's estimates as AI momentum continues
Artificial intelligence giant Nvidia released its latest second-quarter earnings report on Wednesday, which beat analysts' estimates as the company's AI-driven momentum…
‘Obscenely greedy’ oil executives handed Swiss jail terms for role in 1MDB fraud
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Swiss court has sentenced two former PetroSaudi…
French prosecutors charge Telegram CEO Pavel Durov after his release from custody
French prosecutors on Wednesday handed preliminary charges to Telegram CEO Pavel Durov, alleging that he allowed criminal activity on the controversial messaging app. The…
Nvidia revenue more than doubles as demand for AI chips remains strong
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nvidia’s revenue more than doubled in the past quarter,…
SCOTUS denies Biden admin request to allow temporary enforcement of student loan handout
The Supreme Court of the United States (SCOTUS) denied the Biden administration’s request to lift a block on the Saving on a Valuable Education (SAVE) plan, which is designed…
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Another exit: Foot Locker to relocate headquarters from New York to Florida
Foot Locker is relocating its headquarters to Florida from New York. The footwear retailer said Wednesday the city of St. Petersburg will become its new corporate…