Nvidia and AMD will give the U.S. government a 15% cut of the sales of their chips in China, in exchange for receiving export licenses for the Chinese market, The Financial Times reported. The unusual ...

A week after President Donald Trump called on Intel’s CEO to resign, the two men are slated to meet in the White House on Monday, The Wall Street Journal reported. Last week, Trump posted a message on ...

OpenAI is paying bonuses to around 1,000 employees on its technical research and engineering teams, or about a third of the company, ranging from the low hundreds of thousands to millions, as the ...

In its first earnings call as a public company since its initial public offering in June, digital banking firm Chime said it made $528 million in sales in the June quarter, up 37% from the same period ...

Intel CEO Lip-Bu Tan told employees he is committed to “advancing U.S. national and economic security,” after President Donald Trump called for him to step down due to conflicting interests with China ...

Shares of ad technology firm The Trade Desk dropped more than 35% on Friday, as investors responded to the company’s projection that its revenue growth would slow to 14% in the third quarter, from 19% ...

Mobile ad tech firm AppLovin continued to report gangbusters growth in the second quarter, posting 77% higher revenue of $1.26 billion, above the upper end of the company’s guidance. AppLovin has been ...

OpenAI CEO Sam Altman said the ChatGPT creator should keep “running at a loss” as it continues to invest in training new models, as long as it shows continuing improvements in the performance of its ...

Crypto company Ripple said it agreed to buy stablecoin payments platform Rail for $200 million, following the U.S.’s passage of stablecoin legislation. Rail, founded in 2021 and backed by Galaxy ...

Bullish, a Peter Thiel-backed crypto exchange and owner of news outlet CoinDesk, is seeking to raise as much as $629.3 million in its U.S. IPO. The Cayman Islands-based company is planning to offer 20 ...

Pinterest reported 17% revenue growth to $998 million, above the upper end of the company’s guidance. Global monthly active users also expanded 11%. The company said Gen Z has grown to over half of ...

Former X CEO Linda Yaccarino has been named CEO of eMed Population Health, a health company that says it provides a “digital health platform for GLP-1/GIP population health management.” This refers to ...