By Juby Babu (Reuters) -Current and former employees of OpenAI are looking to sell nearly $6 billion worth of the ChatGPT maker’s shares to investors including SoftBank Group and Thrive Capital, a source familiar with the matter told Reuters on Friday. The potential deal would value the company at $500 billion, up from $300 billion currently, underscoring both OpenAI’s rapid gains in users and ...
By Allison Lampert and Rajesh Kumar Singh MONTREAL (Reuters) -The prospect of a system-wide work stoppage by Air Canada’s unionized flight attendants loomed large on Friday with a strike deadline just hours away, despite a government plea for both sides to return to the bargaining table. Canada’s largest carrier said in a post on X the operational wind-down due to the impending industrial acti ...
MONTREAL (Reuters) -Air Canada’s unionized flight attendants walked off the job early on Saturday morning after pay talks with the country’s largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers. The union representing more than 10,000 Air Canada flight attendants confirmed the 72-hour stoppage in a social media post just before 0100 ...
Investing.com -- Investment in computer hardware and software has surged in the first half of 2025, but the broader economic benefits of artificial intelligence remain uncertain. Real GDP growth slowed to an average annualized pace of 1.2% in the same period, yet business investment expanded at a 6.1% rate. This was driven largely by an 86.4% annualized jump in computer equipment spend ...