Finance

OpenAI hires former xAI CFO Mike Liberatore as business finance officer

OpenAI hires former xAI CFO Mike Liberatore as business finance officer

(Reuters) –OpenAI has hired Mike Liberatore, former finance chief at Elon Musk‘s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overs...

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Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch

Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch

Image Credits:Nothing Smartphone startup Nothing announced today that it closed its Series C round of $200 million, which was led by the investment firm Tiger Global. With this round, the co...

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Trump Bid to Fire Cook Before Fed Rates Meeting Blocked by Court

Trump Bid to Fire Cook Before Fed Rates Meeting Blocked by Court

Lisa Cook Photographer: Drew Angerer/Getty Images (Bloomberg) — The high-stakes showdown between the Trump administration and the US central bank intensified Monday as an appeals court...

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Smartphone maker Nothing raises $200 million at $1.3 billion valuation

Smartphone maker Nothing raises $200 million at $1.3 billion valuation

By Supantha Mukherjee STOCKHOLM (Reuters) -London-based smartphone maker Nothing on Tuesday raised $200 million from a group of investors led by Tiger Global at a valuation of $1.3 billion as it ...

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China ‘Mini’ Stimulus Likely as Debt Reduces Beijing’s Options

China ‘Mini’ Stimulus Likely as Debt Reduces Beijing’s Options

(Bloomberg) — For the past two years, Chinese officials unleashed major fiscal and monetary stimulus after disappointing data in the final quarters. This time around, Beijing has fewer...

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