Exclusive: Germany’s SAP mulls new bid for software firm BlackLine, source says

SAP , Europe’s largest software provider, offered to buy accounting software firm BlackLine for nearly $4.5 billion in June but was...

Amazon to cut about 14,000 corporate jobs in AI push

Amazon said on Tuesday it will reduce its global corporate workforce by about 14,000 people, with more cuts expected next year,...

Nvidia will build AI supercomputers for US Energy Department, announces total bookings of $500 billion

Nvidia CEO Jensen Huang said on Tuesday that the artificial intelligence chip leader will build seven new supercomputers for the U.S....

PayPal unveils partnership with OpenAI for payments on ChatGPT, shares surge

PayPal said on Tuesday it entered into a deal with OpenAI that will allow ChatGPT users to buy products using the...

Microsoft, OpenAI reach deal removing fundraising constraints for ChatGPT maker

Microsoft and OpenAI announced a deal on Tuesday to allow the ChatGPT maker to restructure itself into a public benefit corporation,...

Apple races past $4 trillion market value as new iPhone models revitalize sales

Apple topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the...

Nvidia’s $1 billion stake sends Nokia to decade-high on AI hopes

Nvidia will pay $1 billion for a 2.9% Nokia stake as part of a deal focused on AI and data centers,...

China’s Oppo sees AI driving demand, not worried about a bubble

Chinese smartphone maker Oppo is seeing signs of new artificial intelligence features in phones helping boost demand in China and is...

Apple seeks to end Apple Pay trade secrets lawsuit

Apple urged a federal judge to dismiss a racketeering lawsuit by a company that accused the iPhone maker of stealing its...

Chipmaker GlobalFoundries to expand German facility with 1.1 billion euro investment

U.S. chipmaker GlobalFoundries on Tuesday said it will invest 1.1 billion euros ($1.28 billion) to expand manufacturing capabilities at its German...