SAP is investing heavily in AI-driven transformation by retraining employees and encouraging voluntary exits, aiming to maintain overall headcount while boosting future efficiency.
Venice AI raised $65 million in Series A funding at a $1 billion valuation, aiming to expand privacy-focused AI services as user data security gains prominence.
American Bitcoin will consolidate every 15 shares into one to raise its stock price and stay compliant with Nasdaq’s minimum bid price requirement.
Former President Trump responded to recent allegations that he profited significantly from cryptocurrency ventures while in office, saying such gains are widespread.
Retailers now prioritize AI shopping assistants over traditional digital tools, shifting budgets toward AI-driven features amid evolving consumer behaviors.
Together AI raised $800 million in Series C funding, boosting its valuation to $8.3 billion as demand for open-source AI hosting and inference services grows rapidly.
The proposed $3.7 billion merger between Getty Images and Shutterstock collapsed after UK regulators insisted Shutterstock divest its editorial business, which Getty’s board rejected.
Three leading U.S. egg producers agreed to a $3.3 million settlement over collusion that inflated egg prices during ongoing shortages, with millions of eggs donated to food banks.
Bank Respublika has finalized a $20 million loan agreement with the OPEC Fund to expand financing for Azerbaijan’s micro, small, and medium enterprises over four years.
IO Interactive announces layoffs linked to the end of its partnership with Xbox on Project Fantasy, though the game remains under active development.
Former Bitcoin treasury Empery Digital plans a $65 million stake in a Midwest AI data center as it moves away from its struggling crypto strategy.
IO Interactive announces upcoming layoffs after ending ties with an external partner on Project Fantasy, confirming adjustments but maintaining commitment to the game's future.