Business

OpenAI, valued at $500bn, reportedly working on generative AI music tool

OpenAI, the $500 billion-valued company behind ChatGPT and the Sora AI video creation tool, is planning to enter the generative AI music space.That’s...

Global stocks rally on US-China trade optimism

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Global markets have rallied on...

The 25th-anniversary story of Accenture’s name, from the professional namer who led the project

It was Tuesday in August when we heard the news: Following years of public acrimony and litigation, arbiter Guillermo Gamba ruled that our...

From YouTube’s $8bn music industry payout to Spotify’s song mashup patent… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines...

Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

The U.S. military is sending an aircraft carrier to the waters off South America, the Pentagon announced Friday, in the latest escalation of military...

Kakao founder acquitted of stock manipulation charges in bidding war against HYBE

The billionaire founder of South Korea’s Kakao Corp. has been found not guilty in a criminal trial involving Kakao’s bidding war against HYBE...

Tech stocks look shaky and the market is ‘showing early signs of vulnerability,’ JPMorgan analyst says

Nasdaq 100 futures were flat this morning after the index lost 1% yesterday following Tesla’s Q3 earnings call, which investors did not like....

Why CIOs and CFOs are becoming ‘attached at the hip’ as businesses make big AI investments

When Rani Johnson joined Workday as chief information officer in March 2023, her appointment happened to coincide with some monumental generative artificial intelligence...

Salesforce revamps its ‘Agentforce’ offerings to try to pull customers across the gap between AI capabilities and AI adoption

Hello and welcome to Eye on AI. In this edition…A breakdown of the AI news from Salesforce’s Dreamforce…OpenAI debuts its browser…Google makes a...
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