Money

Indian AI lab Sarvam’s new models are a major bet on the viability of open-source AI thumbnail
The Business Economics

Indian AI lab Sarvam’s new models are a major bet on the viability of open-source AI

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

DG Matrix raises $60M to make data center power smarter thumbnail
The Business Economics

DG Matrix raises $60M to make data center power smarter

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

U.S. court bars OpenAI from using ‘Cameo’ thumbnail
The Business Economics

U.S. court bars OpenAI from using ‘Cameo’

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

D-Wave CEO shrugs off short attacks with ‘revolutionary’ $550 million quantum computing acquisition thumbnail
The Business Economics

D-Wave CEO shrugs off short attacks with ‘revolutionary’ $550 million quantum computing acquisition

There are four main publicly-traded quantum computing companies, and they all have one thing in common: In the last 14 months, all of...

AI investments surge in India as tech leaders convene for Delhi summit thumbnail
The Business Economics

AI investments surge in India as tech leaders convene for Delhi summit

India’s AI infrastructure is getting a boost from American investors and tech firms just as the world’s leading technology executives converge on New...

How FedEx CFO John Dietrich plans to save $2 billion by the end of 2027 thumbnail
The Business Economics

How FedEx CFO John Dietrich plans to save $2 billion by the end of 2027

Good morning. FedEx is kicking off what CFO John Dietrich calls a “new era of value creation,” dialing back big capital spending and...

Exclusive: Crypto venture firm Dragonfly closes $650 million fourth fund—even as blockchain VCs face ‘mass extinction’ thumbnail
The Business Economics

Exclusive: Crypto venture firm Dragonfly closes $650 million fourth fund—even as blockchain VCs face ‘mass extinction’

When Rob Hadick signed the paperwork to join Dragonfly Capital in April 2022, he rented a house in the Hamptons. A contract with...

As boomer and Gen X bosses retire, working from home will make a major comeback, new research predicts thumbnail
The Business Economics

As boomer and Gen X bosses retire, working from home will make a major comeback, new research predicts

Miss the pandemic era of working from home? Give it a decade or two, and it’s set to be the norm again. That’s...

Record profit for Sir Gerald Ronson’s forecourt empire thumbnail
The Business Economics

Record profit for Sir Gerald Ronson’s forecourt empire

Sir Gerald Ronson’s forecourt empire has delivered a record profit, with the property tycoon’s service station business now valued at more than £1.5bn....

BrewDog put up for sale as advisers explore break-up options thumbnail
The Business Economics

BrewDog put up for sale as advisers explore break-up options

BrewDog has been put up for sale after the Scottish craft beer group appointed restructuring specialists to explore fresh investment and strategic options....