As Anthropic prepares for what could be one of the largest initial public offerings (IPOs) ever, Wall Street is valuing the AI business based on
Category: TECH
Nvidia partners with 6 Wall Street giants to raise $500 billion in third-party capital for AI infrastructure.
To raise more than $500 billion in third-party funding for AI infrastructure, Nvidia announced on Monday that it has teamed with six major financial institutions
Nvidia is to invest $3 billion in Lancium, a power infrastructure developer for Stargate data centers.
The Information revealed on Friday that Nvidia may invest up to $3 billion in Lancium, a business that develops power infrastructure and is responsible for
Court rules that Instagram and Facebook’s Meta pay $567 million to redress injuries to kids’ mental health.
In the second round of a historic trial, a New Mexico court ordered Instagram and Facebook parent company Meta to pay $567 million to redress
Amazon jerks up AI and other technology spending by $20 billion from the windfall of Q2.
Amazon announced that it will increase its capital expenditures on technology, primarily artificial intelligence, by an extra 10% this year. The tech and e-commerce giant
EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
The executive of the 27-nation bloc announced on Thursday that the European Union is providing 10 billion euros ($11.4 billion) in funding for companies to
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
Elon Musk’s social media firm X has introduced a tool similar to a bank account that allows users to transmit money to each other. X
China’s CXMT, the largest chip memory maker, soars 472% with debut.
China’s largest memory chip manufacturer, CXMT, saw its shares soar on Monday as it started trading in Shanghai in the country’s largest IPO in recent
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
The European Union fined Google 890 million euros ($1 billion) on Thursday for allegedly violating digital antitrust laws by using Google Play and its widely
Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
After utilizing unauthorized copies of writers’ works to train its Claude chatbot, Anthropic, an artificial intelligence corporation, will pay thousands of authors around $3,000 per
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