OpenAI has reportedly missed its internal goals for new users and revenue, raising concerns about its ability to fund planned data center expansions. CFO Sarah Friar expressed worries that without faster revenue growth, the company might struggle to pay for future computing contracts. The company also missed its target of one billion weekly active ChatGPT users by the end of 2025 and is facing subscriber losses. These issues have led to increased board scrutiny of CEO Sam Altman's aggressive data center deals, potentially limiting his ambitions ahead of a possible IPO this year. Despite internal tensions over spending and strategy, OpenAI's leadership publicly denies any division and remains committed to expanding computing resources.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
