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CFOTO | Future Publishing | Getty Images The “everything store” might have secured its biggest customer yet. On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure. On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree […]
It has been a rough week for Nvidia – the chip giant powering the AI revolution and just about every American’s 401(k) – and it’s not just recent headlines that are threatening the stock, On The Money has learned. OpenAI Sam Altman helped spark a selloff in shares with his talk of “overexcited” investors and an artificial […]
Mattel Inc., the maker of Barbie dolls, Hot Wheels cars and other popular toys, said Monday that it would have to raise prices for some products sold in the US “where necessary” to offset higher costs related to President Trump’s tariffs. The El Segundo, California-based company said the increases are necessary even though it is speeding up […]
CBS News is already backtracking on a revamp of its “Evening News” program — and the network’s embattled boss risks becoming a casualty, The Post has learned. Just weeks after a drastic overhaul replaced Norah O’Donnell with a “60 Minutes”-style news magazine helmed by a pair of little-known anchors, the Tiffany Network is reverting to […]
The new and old versions of the classic Barbie dolls are on display at Mattel Design Center in El Segundo, California, U.S., February 22, 2024. Mario Anzuoni | Reuters Mattel could soon raise the prices of toys like Barbie and Hot Wheels in response to new tariffs imposed by President Donald Trump, executives said Tuesday. […]
A tropical “paradise” is coming to the concrete jungle. Grupo Gitano signed a lease for a nearly 14,000 square-foot theme restaurant and club on two levels at Pier 17 — the first major deal by the property’s new owner, Seaport Entertainment Group (SEG). The East River structure is home to restaurants including Jean-Georges Vongerichten’s Fulton […]
