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ChatGPT-maker OpenAI has now warned the prospective investors that its deep reliance on Microsoft could pose a risk to its business, according to a financial document viewed by CNBC. The filing which appears as an IPO prospectus, highlights that Microsoft offers “a substantial portion of our financing and compute,” making the company’s fortunes closely tied…
Cryptogiant Bitcoin has suffered sharp losses since the beginning of 2026, tumbling over 20%. The digital currency has given up almost half of its value since October’s record peak of over $124,000, sliding to $67,000, now worth less than it was at the start of President Donald Trump’s second term. Bitcoin is often pitched as…
RBI imposes restrictions on Loknete RD Kshirsagar Sahakari Bank MUMBAI: RBI has said that the banking sector remains resilient, backed by double-digit balance sheet growth and sustained profitability. Asset quality improved further, with the gross non-performing assets ratio falling to a multi-decadal low and the slippage ratio declining for the fifth straight year. While commercial…
India, the world’s largest importer of cooking oil, needs a predictable and transparent multi-year tariff framework for edible oils to end a decade of policy volatility that has distorted prices and discouraged investment, a new study has found.The research titled “Tariff Volatility and Stakeholder Dynamics in India’s Edible Oil Sector” — jointly conducted by the…
Al Horford of the Boston Celtics (Image via Getty) The Golden State Warriors have made a major move to strengthen their championship pursuit by signing veteran center Al Horford to a multi-year contract. The acquisition adds a seasoned leader and versatile big man to a roster already stacked with proven talent, as the Warriors gear…
