Wall Street Searches for Additional AI Opportunities Following Nvidia’s Remarkable Surge
The recent surge in interest for artificial intelligence (AI) within the stock market has seen investors and money managers eagerly seeking opportunities to benefit from this technological revolution. Nvidia, a…
Epic Games, Spotify and Others Urge EU to Address Apple’s Controversial DMA Compliance
Epic Games, Spotify, Proton, and 37signals, have publicly criticized Apple’s approach to the European Union’s Digital Markets Act (DMA). The DMA, a landmark regulation by the EU, aims to ensure…
Ideogram, a competitor to Midjourney, secures $80 million in Series A funding spearheaded by Andreessen Horowitz
In a significant move within the tech and AI sectors, Andreessen Horowitz, a leading venture capital firm also known as a16z, has announced an increased investment in Ideogram, a burgeoning…
Elon Musk Files Lawsuit Against OpenAI and Leadership for Deviating from Nonprofit Mission
Elon Musk, the visionary entrepreneur behind ventures such as SpaceX and Tesla, has initiated a lawsuit against OpenAI, the AI research lab he co-founded, including its co-founders Sam Altman and…
Zacua Ventures has unveiled a fresh $56 million fund aimed at supporting construction technology advancements.
In an industry often criticized for its sluggish adaptation to technological advancements, a beacon of innovation emerges. Zacua Ventures, a venture capital firm underpinned by the financial and operational support…
Bumble Seeks to Revive its BFF Platform Amid A Dating App Slump
Bumble, the renowned dating app creator, is embarking on a strategic transformation to rejuvenate its Bumble BFF platform, a segment dedicated to fostering platonic relationships. This shift comes in the…
Intel identifies AI potential in a dedicated, programmable chip division
In a significant development from the tech giant, Intel‘s programmable chip unit has officially commenced operations as a separate entity at the start of this year. The division, now named…
Waymo Gains Approval to Launch Paid Robotaxi Service in Los Angeles and San Francisco
Waymo, the autonomous vehicle division of Alphabet Inc., has received the green light from the California Public Utilities Commission (CPUC) to begin charging for its robotaxi services within Los Angeles,…
Dell Projects Positive Outlook for Fiscal Year 2025 Due to Huge Demand for AI Servers
In a remarkable financial update, Dell Technologies announced its annual revenue and profit projections that significantly exceed the expectations of Wall Street analysts. This optimistic forecast is largely attributed to…
TikTok Faces Further Song Losses Amid Its Dispute with UMG
TikTok and Universal Music Group (UMG) are embroiled in a contentious dispute leading to the removal of a significant portion of songs from the popular social media platform, as confirmed…
Figure achieves a $2.6 billion valuation by capitalizing on the excitement surrounding humanoid robots.
In a monumental move for the robotics industry, the Bay Area-based Figure Robotics has officially announced securing a whopping $675 million in Series B funding, propelling the startup’s valuation to…
Gradial Secures $5.4 Million in Funding to Integrate AI into Corporate Marketing Processes
In an ambitious leap forward for marketing automation, Gradial, a burgeoning artificial intelligence startup, has successfully closed a seed funding round of $5.4 million. This financial infusion, led by the…
Qualcomm introduces the new and improved Snapdragon X80 5G Modem-RF System at Mobile World Congress 2024
At the prestigious Mobile World Congress (MWC) held in Barcelona, Qualcomm Technologies Inc. made headlines with the unveiling of its 7th-generation Snapdragon X80 5G Modem-RF System. This groundbreaking development is…
Gemma by Google: Bridging the Gap with Open-Source AI for English Language Mastery
Google has announced the release of Gemma 2B and Gemma 7B, a new suite of open-source artificial intelligence (AI) models. This strategic development is designed to empower developers by providing…
Filigran, maker of OpenCTI, secures $16 million for cybersecurity suite.
In the heart of Paris, a burgeoning cybersecurity startup named Filigran is making waves with its innovative approach to threat management. Leveraging the success of its flagship product, OpenCTI, Filigran…
Elon Musk Reignites Excitement for Next-Gen Tesla Roadster with Bold Promises
Elon Musk has once again brought the spotlight back to Tesla’s next-generation Roadster, six years after its initial announcement. This futuristic vision, first introduced in 2017, has been marked by…
IBM claims its newest AI-powered storage platform can detect ransomware in less than 60 seconds.
In a significant move towards bolstering cybersecurity defenses, IBM has recently introduced the latest iterations of its storage technology and software solutions aimed at enhancing an organization’s capability to detect…
Glean Raises $200M to Lead AI Innovation in the Corporate World
Glean is about to redefine how enterprises access and utilize their vast reservoirs of data. Founded by Arvind Jain, a luminary known for co-founding the cloud data management giant Rubrik,…
Transforming Enterprise AI: Writer’s Latest Model Deciphers Text from Images
Writer, a forward-thinking startup based in San Francisco, has been making strides in developing AI writing solutions tailored for the enterprise sector. The company recently announced an innovative addition to…
The valuation of fintech behemoth Stripe surges to $65 billion following an employee stock-sale agreement.
In a significant development in the fintech sector, Stripe, a leading payments infrastructure provider, has announced its latest financial maneuver—a tender offer aimed at providing liquidity for its current and…