OpenAI wants US government loans to fund its AI investments of over $1 trillion| Business News

ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually cost more than $1 trillion. Sam Altman, chief executive officer of OpenAI Inc. (Bloomberg) Speaking at a Wall Street Journal business conference, OpenAI CFO Sarah Friar explained that government backing […]

India’s REIT market to nearly double to ₹19.7 trillion by 2030, driven by office, retail, and warehousing: Report

India’s Real Estate Investment Trust (REIT) market is projected to grow from ₹10.4 trillion in 2025 to ₹19.7 trillion by 2030, according to a Knight Frank India report released in collaboration with the Confederation of Indian Industry (CII). India’s REIT market is set to nearly double from ₹10.4 trillion in 2025 to ₹19.7 trillion by […]

Apple market cap tops $4 trillion for first time as iPhone 17 gains offset AI pain| Business News

Apple Inc.’s market capitalisation has topped the $4-trillion mark for the first time, as surging demand for its iPhone 17 models offset feard of slow progress in a global AI race. Apple is the third company to achieve a market cap of $4 trillion after Nvidia Corp. and Microsoft Corp. (Bloomberg) On Tuesday, Apple’s share […]

Elon Musk hijacks Tesla earnings call to pitch for $1 trillion pay package| Business News

Elon Musk, the world’s richest person, spent the end of Tesla Inc.’s earnings call pleading with investors to ratify his upcoming $1 trillion pay package and blasting the shareholder advisory firms that have come out against the plan. Tesla CEO Elon Musk. (AFP) “I just think that there needs to be enough voting control to […]