Topic: market capitalization
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Tesla Proposes $1 Trillion Deal to Deploy Musk's Robot Army
Tesla's board has proposed a new compensation package for CEO Elon Musk, potentially worth up to $1 trillion if he achieves ambitious technological and financial milestones, which could make him the world's first trillionaire. The proposal requires Musk to oversee the deployment of one million ro...
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ADX Launches Middle East's First Quantum Computing ETF
The Abu Dhabi Securities Exchange (ADX) has launched the Middle East's first quantum computing ETF, trading as QUANTM, to broaden regional access to global leaders in this transformative technology. This ETF tracks a specialized index and offers exposure to major tech companies like Alphabet, Ama...
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How AMD's Stock Will Fund OpenAI's Billion-Dollar Chip Deal
OpenAI will fund its multi-billion dollar AMD chip purchases using stock warrants, receiving up to 160 million shares as it helps AMD improve its Instinct GPU line and deploys significant computing capacity. The partnership could see AMD's stock value surge, potentially making OpenAI's stake wort...
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Tesla Shareholders to Vote on Musk's xAI Investment
Tesla shareholders are voting on a proposal to invest in Elon Musk's xAI, aiming to strengthen Tesla's position in AI, robotics, and energy. The board is neutral on the proposal, which could make Tesla the second Musk-led company to invest in xAI, following SpaceX's commitment. The vote coincides...
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