Category: BUSINESS
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OpenAI’s ChatGPT push triggers senior staff exits
Resources at $500bn company are being redirected from long-term research towards improving the flagship chatbot OpenAI is prioritising the advancement of ChatGPT over…
Bitcoin Falls Below $80,000, Continuing Decline as Liquidity Worries Mount
Bitcoin, the world’s largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 12:48 p.m. ET (1748 GMT)…
Saudi Stocks Open to Foreign Investors Inflows of Global Capital
Saudi Arabia’s equity market has been formally opened to all categories of foreign investors, a move widely expected to attract…
Saudi Arabia Launches Third Round of Mining Exploration Enablement Program
Saudi Arabia’s Ministry of Industry and Mineral Resources, in cooperation with the Ministry of Investment, has announced the launch of…
Elon Musk bets on record-breaking IPO of SpaceX
Elon Musk reportedly hopes that astrology will ensure the success of SpaceX’s planned initial public offering in June, when, unusually,…
Gold and silver prices plunge after Friday’s losses
Gold and silver prices have continued to fall after a dramatic reversal of a rally that had pushed precious metals…
Tesla cuts car models in shift to robots and AI
Tesla says its annual revenue has fallen for the first time as the electric vehicle (EV) maker shifts its focus…
Saudi Arabia Exempts High-Growth Sectors from Franchise Experience Rule
Saudi Arabia will allow selected high-growth and innovative sectors to offer franchises without meeting a long-standing operational experience requirement, in…
Facebook-owner Meta to nearly double AI spending
Meta boss Mark Zuckerberg plans to ramp up spending on artificial intelligence (AI) projects this year, even as other executives…