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In their latest earnings call, OpenAI made just over $1 billion last year. What's more interesting though is that they have already made $2 billion in annualised revenue OpenAI has achieved a remarkable milestone, with its…

Despite substantial severance expenses and office closures, Google reports strong financial performance and has unveiled plans for its "Gemini era" AI initiatives Google spent a substantial $2.1 billion on severance packages…

The Central Bank of Nigeria has undertaken a significant move to eliminate outstanding foreign exchange liabilities by disbursing approximately $2 billion across pivotal sectors. The key sectors include manufacturing, aviation, and petroleum, a statement said Wednesday. This intervention encompasses the complete clearance of liabilities for 14 banks and the initiation of settlements with foreign airlines. Hakama Ali, the acting director of the CBN’s Corporate Communications Department, announced this development…

Vinfast is setting up its first EV factory in India, in the state of Tanil Nadu. For the first phase of setting up a factory and getting started, Vinfast has already allocated $500 million, and is expected to create a factory with a manufacturing capacity of 1,50,000 cars…

Tesla is expected to invest about $2 billion initially for its manufacturing plant. Additionally, the company aims to increase its purchases of auto parts from India, potentially up to $15 billion. Tesla may also explore the possibility of manufacturing its batteries in India…

<!----> Ford has posted a $2bn loss for 2022 (2021 net income was $17.9bn) and said that it should have done better. For the fourth quarter of 2022 Ford posted net income of $1.3bn, which compares with net income of $12.3bn in the same quarter of 2021. In a downbeat statement, Ford admitted its fourth-quarter and full-year 2022 operating results were below its expectations. “We should have done much better last year,” said CEO Jim…

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeAvatar: The Way of the Water is passing milestone after milestone on its quest for box office dominance.As of Wednesday (18 January), the James Cameron sequel has amassed $1.928bn (£1.56bn) globally, overtaking the Tom Holland-led Spider-Man: No Way Home ($1.91bn/£1.55bn) as the sixth-highest-grossing film of all time.Only five films have surpassed the $2bn mark, as Way of the Water…

Kanye West says he lost $2bn in a single day this week after losing several major partnerships over his antisemitic comments.On Thursday, the rapper, also known as Ye, posted a message to Ari Emanuel, the CEO of entertainment and media agency Endeavor who had urged companies to cease doing business with the rapper over his recent spate of hateful comments about Jewish people.“Ari Emanuel, I lost 2 billion dollars in one day and I’m still alive,” West wrote on Instagram, having regained control of his account after being…