Prime Highlights OpenAI raises up to $40 billion from SoftBank, the largest ever startup funding. The deal will speed up the development of Artificial General Intelligence (AGI) with a long-term…
Prime Highlights: Waze has dropped Google Assistant support from its iOS app because of ongoing technical problems. The firm is developing a new voice interaction solution, which may involve Gemini,…
Prime Highlights • OpenAI has recently upgraded ChatGPT with the GPT-4o model, providing more sophisticated image-making abilities, including creating multi-panel comic strips with unique characters and dialogues. • This release…
Prime Highlights: PepsiCo has acquired prebiotic soda brand Poppi for $1.95 billion, including $300 million in anticipated tax benefits. Launched in 2018, Poppi crossed $100 million in annual sales by…
Prime Highlights: Worker confidence, measured by quits, increased by 171,000, reaching 3.27 million. The retail sector added 143,000 new positions, while finance gained 122,000 openings. Key Background: Job openings increased…
Prime Highlights: Mortgage rates for 30-year fixed loans dropped to 6.88%, the lowest since mid-December. Despite the rate decrease, overall mortgage application volume fell by 1.2% week-over-week. Refinancing applications decreased…
Prime Highlights: Pre-tax profit rose by 6.5% to $32.31 billion for 2024, slightly missing analyst expectations of $32.63 billion. Annual revenue decreased to $65.85 billion, down from $66.1 billion in…
Prime Highlights: Baidu plans to release the Ernie 5.0 model in the second half of 2025, featuring significant improvements in multimodal capabilities. Chinese companies, including Baidu, are rapidly developing AI…
Prime Highlights: A UAE-based fund will invest between €30 billion and €50 billion to develop a new campus for data centers in France. Macron compares France's investment scale to the…
Prime Highlights: Anduril is negotiating to raise up to $2.5 billion at a $28 billion valuation, doubling its value from August 2024. The startup aims to challenge traditional defense contractors…
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