OpenAI gets $4 billion revolving credit line on top of latest funding

OpenAI gets $4 billion revolving credit line on top of latest funding

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than…

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Microsoft AI bet shows up in finance leases that haven't yet commenced

Microsoft AI bet shows up in finance leases that haven’t yet commenced

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia,…

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UBS' Ermotti may have pulled off deal of the decade with Credit Suisse rescue

UBS’ Ermotti may have pulled off deal of the decade with Credit Suisse rescue

UBS CEO Sergio Ermotti on Tuesday, May 7, 2024.  Bloomberg | Bloomberg | Getty Images After…

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Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream,…

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UBS second-quarter earnings 2024

UBS second-quarter earnings 2024

Swiss banking giant UBS on Wednesday smashed net profit expectations for the second quarter, amid cost-cutting…

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Turkey lands first place for wealth growth in global ranking despite soaring inflation

Turkey lands first place for wealth growth in global ranking despite soaring inflation

Golden Horn and Bosphorus at sunset, Istanbul, Turkey Matteo Colombo | Digitalvision | Getty Images Turkey…

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UBS backs $37 million round for climate fintech startup Doconomy

From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief…

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BRK, PARA, SAVE and more

BRK, PARA, SAVE and more

Check out the companies making headlines in premarket trading. Berkshire Hathaway — Class A shares traded…

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UBS chair says Swiss banking giant is not 'too big to fail'

UBS chair says Swiss banking giant is not ‘too big to fail’

Fabrice Coffrini | Afp | Getty Images UBS Group Chairman Colm Kelleher on Wednesday said that…

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UBS CEO says Credit Suisse will be a case study for big bank mergers

UBS CEO says Credit Suisse will be a case study for big bank mergers

The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as…

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