On Friday, Amazon intensified its commitment to the artificial intelligence sector by announcing an additional investment of $4 billion into Anthropic, an AI startup originated by former research executives of OpenAI. This latest injection boosts Amazon’s overall investment in Anthropic to a remarkable $8 billion while maintaining its role as a minority stakeholder. This move
Enterprise
Following the recent presidential election, Bluesky has remarkably positioned itself as a growing competitor in the social media realm, challenging established platforms like Elon Musk’s X (formerly Twitter) and Meta’s Threads. With over 21 million users, although still a fraction of Threads’ 275 million and X’s claimed 600 million, the company is rapidly gaining traction.
The collapse of FTX, once viewed as a pioneering crypto exchange, has cast a long shadow over the cryptocurrency landscape. The sentencing of Gary Wang, the firm’s co-founder and former technology chief, on four counts stemming from his involvement in the exchange’s fraudulent activities, marks a significant chapter in the ongoing fallout from the FTX
Qualcomm has made headlines by announcing a bold projection for its future growth, estimating an impressive increase of $22 billion in revenues by 2029. This ambitious financial roadmap was unveiled during the company’s investor day, and it underscores CEO Cristiano Amon’s strategic vision to diversify Qualcomm’s revenue streams beyond its heavy dependence on the smartphone
Super Micro Computer Inc., a prominent player in the server manufacturing industry, is currently embroiled in a significant compliance struggle that has attracted the attention of investors and regulators alike. Recently, the company appointed BDO as its new auditor, signaling an attempt to rectify its financial reporting issues and regain traction on the Nasdaq exchange.
In a significant move that underscores the growing interest in the commercial space sector, The Exploration Company (TEC) recently disclosed the successful acquisition of $160 million in funding earmarked for the advancement of its innovative space capsule, Nyx. This impressive round of fundraising was primarily driven by leading venture capital firms Balderton Capital and Plural,
Palantir Technologies has recently made headlines due to a significant surge in its stock price. Following the announcement of its transition to the Nasdaq from the New York Stock Exchange, shares soared by an astounding 11%, marking a record high and pushing the company’s market capitalization to approximately $150 billion. This surge followed a favorable
In a strategic move to reshape the healthcare landscape, Amazon has unveiled fixed pricing for treatments addressing common health concerns, specifically targeting Prime members. This development marks another step for the retail giant as it seeks to carve out a substantial share of the healthcare market, competing directly with established direct-to-consumer services like Hims &
In an era where information flows freely yet is heavily regulated, Chelsea Manning, the former U.S. Army intelligence analyst and whistleblower, has expressed deep concerns regarding censorship in the digital age. In her recent address at the Web Summit conference in Lisbon, she emphasized that censorship remains a significant issue impacting our online interactions. But
The global technological rivalry between the United States and China has intensified over recent years, prompting all stakeholders to reassess their perceptions of each other’s capabilities. In a landscape where innovations such as artificial intelligence and 5G are pivotal, misconceptions about the pace and progress of each nation can lead to misguided strategies. Microsoft’s President