Investors in Asia woke up to a sea of red on Friday, as tech stocks took another hit, dragging down the entire market. The drop followed a rough night on Wall Street, where tech shares led the decline. The U. S. jobs report didn't help, leaving everyone guessing about future interest rates. Bitcoin and gold also felt the heat, as investors grew more cautious. The se...
OpenAI just became the world's most valuable private company. This is a huge deal. The company, led by Sam Altman, is now worth $500 billion. That's more than SpaceX, which has been the top dog for years. Other AI companies like Anthropic and Perplexity are way behind. Who bought into this? Big names like SoftBank and T. Rowe Price. This shows that a lot of people be...
OpenAI, the AI company co-founded by Elon Musk, has just scored a massive $6.6 billion in funding. This puts its value at an astonishing $157 billion, making it the priciest startup on the planet. The investors? Big names like Thrive Capital, Microsoft, and Nvidia. But here's where things get interesting: OpenAI asked these investors not to back its rivals. That's ri...