Browsing: billion
Top analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘Death of Hollywood’ at all. It’s really about Google | Fortune
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Netflix’s $72 billion play for Warner Bros. is as much a bet on the future of artificial intelligence (AI) and…
Nvidia CFO admits the $100 billion OpenAI megadeal ‘still’ isn’t ‘definitive’—two months after it helped fuel an AI rally | Fortune
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Two months after Nvidia and OpenAI unveiled their eye-popping plan to deploy at least 10 gigawatts of Nvidia systems—and up…
‘Big Short’ investor Michael Burry has a $1.1 billion bet against AI stocks and markets are plunging | Fortune
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Nasdaq 100 futures were pointing downward again this morning after the index lost 2% yesterday in a massive, global selloff…
Starbucks sells 60% of China unit to Boyu at $4 billion value | Fortune
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Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital at a…
Exclusive: Airwallex crosses $1 billion in annualized revenue as fintech unicorn takes on U.S. competitors like Ramp and Stripe | Fortune
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As the fintech sector comes roaring back, companies like Ramp and Stripe have dominated headlines with eye-popping funding rounds and…
Deaths from air pollution could cost Southeast Asia nearly $600 billion by 2050, says new study | Fortune
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Southeast Asian deaths linked to air pollution could rise by up to 10% by 2050, costing the region nearly $600…
Legal sports betting generated $10 billion through the first 9 months of 2025. The NBA poker bombshell is exposing its dark underbelly | Fortune
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The stunning indictment that led to the arrest of more than 30 people, including Miami Heat guard Terry Rozier and other NBA figures,…
After Microsoft invested $13 billion into OpenAI, its AI chief is slamming erotica chatbots: ‘This is very dangerous’ | Fortune
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Microsoft will not emulate the strategies of Elon Musk’s xAI or Sam Altman’s OpenAI in creating “simulated erotica” for its…