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Stellantis, the company behind Jeep and Dodge, will invest $1.6 billion in the Chinese EV startup Leapmotor.
On Thursday, Stellantis announced a significant investment of 1.5 billion euros ($1.58 billion) in the Chinese electric vehicle startup, Leapmotor. This move comes as established automakers seek to gain a…
As Ozempic and Wegovy surge, a tech startup secures $20 million for data-driven weight loss
The weight loss industry has always been lucrative, but it has recently experienced substantial growth due to the increased demand for medications like Ozempic, Wegovy, and other innovative drugs designed…
Intel’s stock experiences a decline following reports of Nvidia’s development of an Arm-based PC chip.
On Monday, Intel saw a 3% decline in its stock value, as per Reuters’ report on Nvidia and AMD’s collaboration in developing Arm-based PC chips. Meanwhile, Arm’s stock witnessed a…
Alibaba and Tencent are part of the investor lineup backing China’s alternative to OpenAI, securing $341 million in funding
Chinese technology giants, such as Alibaba and Tencent, have thrown their support behind Zhipu, an artificial intelligence startup that China hopes will serve as a counterpart to the American company…
Layer secures $3M seed funding to create AI copilots 10 times faster than humans.
AI copilots have become a growing trend as the generative AI boom enters its first-year anniversary since the launch of OpenAI’s ChatGPT in November 2022. However, the question remains: How…
ScyllaDB secures $43M for advanced NoSQL database scalability
ScyllaDB has gained recognition in recent years as a high-performance database solution favored by some of the most demanding organizations worldwide. Prominent users of ScyllaDB include Discord, the social networking…
Deta secures $3.6M for cloud-based OS development.
Deta, a pioneering tech company based in Berlin, is on a mission to transform personal computing through the introduction of Deta Space, which its founder describes as the world’s inaugural…
UC Berkeley and SKS Partners reveal a $2 billion research and development space hub located at NASA Ames
The University of California at Berkeley, in collaboration with SKS Partners, has announced the inauguration of a cutting-edge $2 billion research and development center located within NASA’s Ames Research Center.…
Gutsy secures $51M in seed funding, among this year’s top cybersecurity investments.
“Stepping out of stealth mode today with a groundbreaking achievement in the realm of cybersecurity, Gutsy has secured an impressive seed funding round of $51 million, one of the largest…
This week’s data highlights: AI stack tips, generative AI uptake, and the future of composability (and more).
Every company aspires to transform into a platform-centric entity, although not all can successfully make this transition. In this edition, we delve into the pivotal consumer and enterprise platforms that…
Cisco acquires cybersecurity firm Splunk for a record $28 billion in cash.
Cisco has announced its acquisition of cybersecurity software company Splunk for $157 per share in a cash transaction valued at approximately $28 billion, marking its largest-ever acquisition. On the day…
Intel reaffirms: Most desktops won’t be receiving the next-gen Meteor Lake CPUs.
Intel’s Meteor Lake processor architecture has generated significant anticipation as one of the most intriguing developments in recent company history. However, it has long been known that Intel had no…
EchoMark Unveils AI-Powered Solution for Securing Private Communications in the Era of Digital Technology.
EchoMark, a trailblazing company revolutionizing information protection, has officially unveiled its AI-driven solution designed to safeguard private information. This innovative solution seamlessly incorporates invisible forensic watermarks into emails and documents,…
Nvidia is optimising its GPUs, and that’s a significant benefit for laptops.
Through clever AI techniques, Nvidia has ingeniously outsmarted the conventional game rendering pipeline, resulting in a significant enhancement of traditionally underpowered laptops. Nvidia’s latest RTX 40-series mobile GPUs, especially when…
Major technology companies are shaping the latest AI UX design-AI’s Impact
It was an astonishing whirlwind of AI product developments in the realm of Big Tech this week. First on the roster, a remarkable introduction of a new generative AI iteration…
The ChatGPT update empowers its AI with the ability to “perceive, listen, and communicate,” as stated by OpenAI.
OpenAI made a major announcement on Monday regarding an update to ChatGPT. This update empowers the GPT-3.5 and GPT-4 AI models to analyze images and respond to them within text…
I purchased Nvidia’s GPU with the least value, but I have no regrets.
Despite my initial enthusiasm for AMD and my contemplation of using their components in my upcoming PC build, I ultimately ended up purchasing one of Nvidia’s premier graphics cards. Ironically,…
Enhancing Cyber Resilience via Consolidation, Part 2: Defending Against Contemporary Threats
The cybersecurity industry is undeniably experiencing exponential growth due to emerging technology. However, with the introduction of new tools, we are witnessing the emergence of new attack vectors and more…
Artificial Intelligence is currently capable of producing high-quality music from text, and its capabilities are continually improving
Picture a scenario where you type in “dramatic intro music” and are greeted with a majestic symphony, or you jot down “creepy footsteps” and instantly receive top-tier sound effects. This…
Arm is set to generate $4.7 billion through its IPO, establishing a valuation of $54.5 billion for the chip designer.
Arm Holdings, the chip architecture company owned by SoftBank Group, is set to raise approximately $4.7 billion in its initial public offering, which valued the firm at over $54.5 billion.…