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Brutal sell-off skims froth from Japan’s US$6 trillion stock market
Japanese equities shed US$1.1 trillion in value as they kicked off August with a record three-day loss. For bullish investors, that’s providing a fresh reason to buy what has...
GM approves US$6 billion buyback on growth in EV business
GENERAL Motors authorised a new US$6 billion share buyback plan and raised its dividend as improving profitability in its electric vehicle operations allow the automaker to return cash to...
Musk’s xAI raises US$6 billion in bid to challenge OpenAI
Elon Musk’s artificial intelligence startup xAI has raised US$6 billion to accelerate its challenge to his former allies at OpenAI.The Series B round, announced in a blog post on...
Elon Musk’s xAI secures US$6 billion in new funding
Billionaire tech mogul Elon Musk’s startup xAI said it has raised US$6 billion from investors in an increasingly crowded artificial intelligence market.The latest funding, including from well known venture...
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
ALPHABET-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between US$5 million and US$6 million annually to develop new AI-related content and products, the...
Micron poised to get over US$6 billion in chips grants in announcement next week
MICRON Technology, the largest US maker of computer memory chips, is poised to get US$6.1 billion in grants from the Commerce Department to help pay for domestic factory projects,...
Investors greenlight Trump’s US$6 billion social media deal
FORMER US President Donald Trump came a step closer on Friday (Mar 22) to reaping a major windfall from his social media firm after investors in a blank-cheque acquisition...
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