Business

AI the new obsession for venture capital investing

After the earthquake of ChatGPT's phenomenal success a year ago, Silicon Valley investors have gone into overdrive with artificial intelligence, looking for the newest blockbuster idea in an ocean of hype and overpromising.

Business

US judge blocks JetBlue-Spirit airlines merger

A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition.

Automotive

Autonomous driving is 'happening', but slower than expected

To the believers, the oft-promised autonomous car revolution is "clearly happening"—they point to the myriad displays at the Consumers Electronics Show in Las Vegas that defy the industry's bad headlines.

Business

Relief in crypto world over Bankman-Fried conviction

Cryptocurrency backers on Friday celebrated the fraud conviction of the industry's one-time golden boy Sam Bankman-Fried, hoping the embattled sector can finally turn the page on a multibillion dollar scandal.

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