OpenAI Trims Target Value & Volvo Cars Cuts 2,500 Jobs
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On today's show, the global tech rout deepened after the Nasdaq's worst day since June. In another of concern over AI spending, Bloomberg has learnt that OpenAI is cutting its valuation target by $150 billion, as it seeks to raise $30 billion in its latest funding round.
And Volvo Cars is planning to cut another 2,500 jobs, as cratering sales in China and tariffs in the US complicate the Swedish automa…
On today's show, the global tech rout deepened after the Nasdaq's worst day since June. In another of concern over AI spending, Bloomberg has learnt that OpenAI is cutting its valuation target by $150 billion, as it seeks to raise $30 billion in its latest funding round.
And Volvo Cars is planning to cut another 2,500 jobs, as cratering sales in China and tariffs in the US complicate the Swedish automa…
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