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
Category: TECH
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
Google is to introduce a new server chip to run Gemini models more effectively.
Google is working on a new server chip that would directly integrate components of its Gemini model into the hardware in an effort to provide
Meta to diversify beyond advertising with a $10 billion Anthropic compute lease deal.
Meta Platforms is in negotiations to lease processing power to Anthropic in a possible transaction worth up to $10 billion over two years. In the
Apple overtakes Nvidia to become the world’s most valuable company as investors reassess AI’s impact.
As investors reevaluate the prospects for artificial intelligence, Apple overtook Nvidia on Friday to become the most valuable business in the world, shifting the top
BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
As investors poured money into its exchange-traded funds and a stock market boom increased the value of client assets, BlackRock topped Wall Street projections for
Stripe, Advent bid to acquire PayPal for over $53 billion.
Stripe, a payments company, and Advent International, a private equity firm, have jointly offered to buy PayPal Holdings Inc. for $60.50 per share. This purchase
UK to regulate BigTech firms to safeguard financial stability.
Cloud service providers Microsoft, Google, Amazon, and Oracle have been classified by Britain as critical third-party suppliers to the financial sector, subject to direct regulatory
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Global financial messaging network SWIFT, in an effort to enable 24-hour payments and compete with the developing stablecoin market, unveiled a blockchain-based shared ledger on
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
As it capitalizes on the global AI boom with one of the largest new share sales in history, South Korean chipmaker SK Hynix on Monday
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