Electronic Arts’ record USD 55 billion leveraged buyout by Saudi Arabia’s sovereign wealth fund and two other firms marks a turning point for the video game industry. Companies are now looking to capitalise on intellectual property through media crossovers.

OpenAI, the company behind ChatGPT, has achieved a USD 500 billion valuation following a share sale to a consortium of investors. Current and former employees sold approximately USD 6.6 billion worth of shares as part of this transaction.

Samsung Electronics and SK Hynix have signed letters of intent to supply memory chips for OpenAI's data centres, joining the ChatGPT maker's Stargate project to meet rising demand.

Malaysia Aviation Group, which operates national carrier Malaysia Airlines, announced a collaboration with four technology and travel...

Nvidia will invest up to USD 100 billion in OpenAI and supply the organisation with data centre chips, marking a significant tie-up between two leading players in the global artificial intelligence race. This move, announced Monday, highlights the increasingly overlapping interests of tech giants developing advanced AI systems.

Apple has secured over half of TSMC’s 2nm production capacity for 2026, earmarking it for future iPhone, MacBook Pro, and Vision Pro...

Artificial intelligence could increase the value of global trade in goods and services by nearly 40% by 2040, a new World Trade Organization report stated on Wednesday. However, without adequate policies, AI could also worsen existing economic divides.

Xpeng, part-owned by Volkswagen Group, has begun electric vehicle (EV) production in Europe, partnering with contract manufacturer Magna Steyr in Austria. The move marks a significant milestone in the Guangzhou-based carmaker’s globalisation strategy, aiming to circumvent punitive tariffs.