Retail inflows into Eli Lilly reached a record high of over two years in November as tiny investors snapped up the shares following the much-awaited approval of the weight-loss medication Zepbound by the giant American pharmaceutical company. According to statistics from Vanda Research, daily net...

Sam Altman, the recently fired CEO of OpenAI, is thinking about starting a new artificial intelligence (AI) business while also talking about perhaps rejoining the company that created the ChatGPT bot, according to reports quoting source information.   According to the reports, Altman was...

After China's Geely, the largest stakeholder of the Swedish automaker Volvo Cars, sold a minor portion of its investment at a steep discount to the previous day's closing price, the automaker's shares plunged as much as 14% to a record low on Friday.   Geely started a placement of 100...

Alibaba, the enormous Chinese e-commerce company, lost $20 billion in market value when it declared that it would not be listing and spinning out its cloud computing division.   Citing U.S. export limitations on advanced semiconductors, the business, which competes with the internet behemoth...

The most daring step yet taken by the Japanese carmaker to get hybrid technology into the core of the American market is the announcement that the next version of the Toyota Camry, the best-selling sedan in the country, will only have a gas-electric hybrid powertrain.   In all front-wheel...

Nvidia declared that it has enhanced the capabilities of its top-tier AI processor and that it will begin to ship the new product alongside Amazon.com, Google, and Oracle early in the next year.   The chip, dubbed the H200, will surpass Nvidia's top-tier H100 chip at present. More...

In a meticulously monitored experiment, Novo Nordisk's Wegovy reduced the risk of major cardiovascular problems in individuals with obesity and heart disease. It also showed a particularly significant effect on heart attacks, suggesting a promising new direction for the medication.   Wegovy...

Political marketers will have to notify Meta when their ads on Facebook and Instagram employ artificial intelligence (AI) or digital manipulation. Although the social media platform already has rules in place regarding the use of deepfakes, it claims that this goes one step further.  ...

On Friday, Lockbit—a cybercrime group that demands ransom payments in exchange for data theft and release—published online internal data from Boeing, one of the biggest defence and space companies in the world.   In October, the hackers declared that they had amassed "a tremendous amount" of...

Talks on investing hundreds of millions of dollars in Character.AI are underway at Alphabet's Google, as the rapidly expanding chatbot firm focused on artificial intelligence looks for funding to train models and meet user demand, according to a report by Reuters quoting information from two...

In order to accommodate the rapidly increasing demand for the Wegovy weight-loss medication worldwide, Novo Nordisk has announced that it will invest more than 42 billion crowns ($6 billion) in its Danish production facilities in the upcoming years.   The business said in a statement that...