OpenAI Raises $110 Billion
The new funding, which values the company at $730 billion before the investment, came from Amazon, SoftBank and Nvidia.
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Lululemon Founder Intensifies Board Battle, Cites Weak Governance, Strategic Drift
Chip Wilson, founder of lululemon athletica, intensified his campaign against the company, accusing the board of weak governance and slow engagement as he pushes for sweeping changes.
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Target to Remove Artificial Dyes From Cereal Aisle
The retailer said it has worked with national brands and owned-brand partners to reformulate products where necessary.
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Paramount Wins Bidding War for Warner Discovery After Netflix Drops Out
Netflix pulled the plug on its deal soon after Warner's board determined Paramount's revised offer was superior.
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Altman Says OpenAI Is Working on Pentagon Deal Amid Anthropic Standoff
Altman waded into the standoff between Anthropic and the Pentagon over the use of AI on the battlefield, telling his staff that the company was working on a deal that might help solve the impasse.
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Trump Media in Talks to Spin Off Truth Social
President Trump's media company said it is in discussions to spin off businesses, including social-media platform Truth Social, into a new publicly traded company.
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How Jack Dorsey Explained Cutting Almost Half of Block's Staff
The entrepreneur said fewer employees is better in the AI age.
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Carter's Sales Rise, Weak 1Q Outlook Given
Carter's posted higher fourth-quarter sales with the help of increased traffic and prices, but issued first-quarter earnings guidance below Wall Street's expectations.
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Moderna's Covid-Flu Vaccine Recommended for Approval in EU
The recommendation from regulators paves the way for the shot's approval in the European Union at a time the company is facing scrutiny in the U.S.
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Puma's Shares Drop as Turnaround Progress Remains Under Scrutiny
Puma's shares lost a chunk of Thursday's gains after some analysts said optimism over a change in the brand's fortunes could be premature.
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Amazon Tries Its Low-Cost Approach to Winning the AI Race
Amazon's new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company.
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Swiss Re Tops Up Returns With $1 Billion Buyback
Stock jumped after the reinsurer paired its quarterly results with a surprise buyback, signaling a more aggressive stance on capital returns.
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CPP Investments, Equinix in $4 Billion Deal to Buy Nordic Data-Center Operator atNorth
The Canada Pension Plan Investment Board takes a 60% stake in the Nordic data-center operator, with digital infrastructure company Equinix owning 40%.
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Lynas Rare Earths' Departing CEO Has Sights on Pentagon Supply Deal
The chief executive of Lynas Rare Earths said plans for a new processing plant in Texas will remain stalled until talks with the Pentagon are finalized.
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Japan Government to Become Top Shareholder in Chip Maker Rapidus
The government will hold a so-called "golden share" in Rapidus, granting it veto power over board decisions.
(END) Dow Jones Newswires
February 27, 2026 11:00 ET (16:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.