OpenAI announced its advertising business has reached a $1 billion annualized revenue run rate just 200 days after launch, supporting its diversified revenue model ahead of a major IPO. The company started testing ads in its ChatGPT chatbot in the U.S. earlier this year, expanding ads now to over 40 countries including India, Europe, and the Middle East. Ads are clearly labeled, do not affect chatbot responses, and protect user privacy. OpenAI plans to grow its ad formats and markets further, aiming to enhance business-consumer interactions within ChatGPT.
Sagimet Biosciences has initiated a crucial Phase 3 clinical trial in the U.S. for denifanstat, an oral treatment targeting moderate to severe acne. The trial, named AURORA, aims to enroll around 800 patients, including adolescents, to support regula...
Nokia reported third-quarter 2026 earnings per share of $0.10, surpassing the $0.08 estimate, and revenue of $5.78 billion, exceeding the $5.72 billion forecast. The company's AI and cloud sales surged 123%, driven by high demand for its IP Networks ...
RingCentral will announce its Q3 2026 earnings on October 22, with analysts forecasting earnings per share between $1.27 and $1.28 and revenue around $667 million. This represents a 12.4% increase in earnings and 4.4% growth in revenue compared to th...
Freddie Mac reported that the average 30-year fixed mortgage rate fell to 7.32% as of October 22, 2026, down from 7.40% the previous week. This decline offers some relief to prospective homebuyers facing higher borrowing costs compared to last year, ...
Canada's 5G device market is forecasted to expand from USD 10 billion in 2026 to USD 15.2 billion by 2031, growing at 8.7% annually. Growth is fueled by mid-band spectrum deployment, federal connectivity programs, and rising enterprise adoption of ad...
