Wednesday, August 1, 2018

China Baidu's second quarter exceeds expectations, powered by ad sales growth

Chinese internet search giant Baidu beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new technology areas.


from Reuters: Technology News https://ift.tt/2KljzOE

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SoftBank completes final phase of $30 billion investment in OpenAI

SoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker's l...