The financial and technological landscapes are witnessing a significant shift as artificial intelligence continues to dominate discussions in both realms. As the demand for AI chips skyrockets, the spotlight has turned towards Cerebras, a chipmaker aspiring to revolutionize the market. With ambitions to be the first significant tech IPO in the U.S. since April, the
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In the dynamically evolving landscape of artificial intelligence (AI) technology, firms are constantly vying for a foothold in a market that is predicted to skyrocket to unprecedented revenue figures. Among these industry players is CoreWeave, an AI startup with strong backing from Nvidia, which has recently made headlines by announcing a substantial $650 million credit
Microsoft has made a significant move in the gaming industry by announcing plans to allow users to purchase and play video games directly through its Xbox app for Android, effective November. This decision follows a pivotal court ruling in the U.S. that urged Google to present alternatives for its Google Play app store on Android
In the rapidly evolving landscape of retail technology, few innovations have sparked as much intrigue as cashierless checkout systems. Founded in 2016, Grabango aspired to revolutionize the shopping experience by integrating advanced technologies like computer vision and machine learning. The company’s mission was simple yet impactful: to allow customers to shop freely, without the hindrance
After a prolonged period of contention, Elon Musk’s social media platform, X, is now operational again in Brazil. This resurgence comes after months of disputes with Brazil’s federal supreme court, particularly under the scrutiny of Minister Alexandre de Moraes. In a recent announcement from its global government affairs account on X, the company expressed its
In a landmark ruling, a Delaware judge has given the green light to FTX’s reorganization plan, two years after the cryptocurrency exchange experienced a dramatic collapse. This significant moment is poised to reshape the future for countless creditors affected by the collapse, as the company is set to distribute over $14 billion to its clients.
In an era where technology dictates the operational dynamics of countless industries, real estate finds itself at a pivotal crossroads. Historically, the real estate sector has been slow in adopting modern technological advancements. However, the advent of artificial intelligence (AI) is rapidly changing the landscape, ushering in a wave of innovation that is not only
As Apple positions itself in the competitive landscape of artificial intelligence (AI) in Silicon Valley, the company’s unique leverage lies in its vast ecosystem of app developers—approximately 34 million strong. Set to unveil its cutting-edge AI system, dubbed Apple Intelligence, later this month, the tech giant is optimistic that this new tool will be a
In the rapidly evolving realm of venture capital and politics, Ben Horowitz’s recent donation to Vice President Kamala Harris’ electoral campaign marks a notable shift in his political engagement. Merely three months after publicly supporting political action committees for Donald Trump, this unexpected pivot raises eyebrows and leads to broader inquiries about the motivations behind
Ubisoft, a notable name in the gaming industry renowned for titles like “Assassin’s Creed,” saw its stock soar over 30% following reports of potential buyout discussions between Tencent and the Guillemot family. This surge, driven by speculation and investor interest, forms part of a broader narrative in which the Paris-based publisher is seeking to navigate