Finance

An $800 Billion Revenue Shortfall Threatens AI Future, Bain Says

An $800 Billion Revenue Shortfall Threatens AI Future, Bain Says

(Bloomberg) — Artificial intelligence companies like OpenAI have been quick to unveil plans for spending hundreds of billions of dollars on data centers, but they have been slower to show ho...

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Nvidia stock is up big on the company’s OpenAI partnership — and it’s pulling the whole market higher

Nvidia stock is up big on the company’s OpenAI partnership — and it’s pulling the whole market higher

Nvidia announced a new partnership with OpenAI on Monday, and the chipmaker’s stock is jumping. As part of the agreement, OpenAI could deploy at least 10 gigawatts of Nvidia systems. T...

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Exxon Mobil begins production at new base stock facilities in Singapore

Exxon Mobil begins production at new base stock facilities in Singapore

(Reuters) -Exxon Mobil Corp has started production at new facilities at its Singapore oil refinery complex to produce base stocks from residue fuel, it said on Tuesday. The technology combines pro...

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