AI chipmaker NVIDIA is 1st $5 trillion company
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Minneapolis-based software company Jamf is being acquired by global equity firm Francisco Partners. The Twin Cities will lose another public company after Jamf Holdings, which manages Apple devices for other companies, is acquired by global investment firm Francisco Partners in a $2.2 billion deal.
Meanwhile, the stock of one Ohio-based company is not only up more than 50% so far this year, but has skyrocketed more than 850% over the last five years. Is it too late to buy shares of Ohio superstar Vertiv Holdings ( VRT +1.56%)? Here's what investors need to know.
AOL is being sold to Italian tech company Bending Spoons for $1.5 billion. The New York-based platform was once a dominant internet company in the ’90s and early 2000s. At the time, the website offered innovative and user-friendly instant messaging,
Fiserv shares careened to their lowest level in more than five years after the fintech payment company badly missed Wall Street’s profit targets, lowered its forecast and announced a shake-up in leadership.
Hackers working for an unnamed nation-state breached networks at Ribbon Communications , a key U.S. telecommunications services company, and remained within the firm’s systems for nearly a year without being detected,
OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks to expand on its rapidly expanding artificial intelligence offerings.
The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data.
Kuwait Oil Company (KOC) plans to spend 1.2 billion dinars ($3.92 billion) on its exploration drilling program through 2030, its senior executive told Reuters in an interview.