OpenAI Faces $5 Billion Loss Despite Rapid Revenue Growth
OpenAI expects $5 billion in losses this year, despite strong revenue growth from its AI models and plans to raise ChatGPT subscription fees.
Salesforce Investors Reject CEO Pay Plan Over Equity Concerns
Salesforce investors voted against the executive compensation plan, citing concerns over substantial equity awards granted to CEO Benioff.
Oracle Shares Surge 13% on Strong Q4 and AI Cloud Deals
Oracle's stock soared 13% after announcing strong Q4 results and major cloud deals with Microsoft-backed OpenAI and Google.
