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Klarna reported a quarterly net loss as rapid expansion drove up operating costs, prompting a sharp decline in its share price. The company posted a net loss of $26 million for the fourth quarter, compared to a profit in the same period a year earlier. Despite this, revenue surpassed $1 billion for the first time, […]
Tata Consultancy Services has secured OpenAI as the first client for its emerging data centre business, marking a significant step in India’s expanding AI infrastructure landscape. The agreement includes an initial allocation of 100 megawatts of capacity under the global Stargate initiative, a long-term project aimed at building advanced facilities for AI training and deployment. […]
DoorDash shares climbed after the company issued a strong forecast for first-quarter marketplace order value, signaling continued growth in delivery demand. The company expects gross order value to reach between $31 billion and $31.8 billion for the current quarter, surpassing market expectations. Rising demand for online grocery and retail delivery has supported expansion beyond traditional […]