OpenAI Secures $4 Billion Credit Facility from Major Banks
OpenAI secured a $4 billion credit line from major banks. The credit facility enhances financial flexibility for future growth. Partnerships…
Revel Expands EV Charging Network in Major US Cities
Revel shifts focus to EV charging infrastructure after ending moped rentals. New Pier 36 station in Manhattan enhances NYC's charging…
OpenAI Plans to Grant Sam Altman Significant Equity Stake
OpenAI may grant CEO Sam Altman a 7% equity stake. Altman currently denies owning equity in OpenAI. Equity grant could…
SoftBank Leads $6.6B Investment in OpenAI
SoftBank leads a $6.6B funding round for OpenAI, investing $500M. OpenAI plans to enhance its AI models and expand research…
BMW Partners with Toyota to Launch Hydrogen Vehicles by 2028
BMW partners with Toyota to develop hydrogen fuel-cell vehicles by 2028. Collaboration aims to address infrastructure and production challenges. Widespread…
Thousands of DrayTek Routers Exposed Due to Critical Vulnerabilities
DrayTek routers faced 14 critical vulnerabilities. Over 700,000 routers were exposed to the internet. ForeScout urges immediate implementation of security…
AI Job Growth Expands Beyond Big Tech Across Sectors
AI job opportunities are expanding beyond big tech. Government and defense sectors are significant AI employers. AI integration is enhancing…
Kevin Mandia Joins SpecterOps to Strengthen Cybersecurity Leadership
Kevin Mandia joins SpecterOps as board chair. SpecterOps specializes in attack path management tools. The company saw 125% customer growth…
SoftBank Commits $500 Million to OpenAI Investment Round
SoftBank invests $500 million in OpenAI, valuing it at $150 billion. This marks SoftBank’s first investment in OpenAI, strengthening their…
Tech Giants Back Nuclear Energy to Power AI
As artificial intelligence continues to advance, major technology companies are increasing their investments in nuclear power to meet the escalating…
