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Amazon joins the $2 trillion club as AMZN price hits all-time high amid AI optimism

Amazon joins the $2 trillion club as AMZN price hits all-time high amid AI optimism

Amazon’s market capitalization has hit a new high after exceeding $2 trillion. The company’s stock price went up by 3.9% to $193.6, hitting an all-...
Jun, 27, 2024
3 min read
by CryptoPolitan
Eye On AI: OpenAI Goes On A Buying Spree As AI Looks To Open Up M&A, IPO Markets

Eye On AI: OpenAI Goes On A Buying Spree As AI Looks To Open Up M&A, IPO Markets

For the past few years the M&A market for startups has been slow — and the IPO pipeline nonexistent. However, just as AI is taking over venture, pe...
Jun, 27, 2024
5 min read
by Crunchbase
US Stock: $1000 In Nvidia In 2000’s Would Be Worth This Much In 2024

US Stock: $1000 In Nvidia In 2000’s Would Be Worth This Much In 2024

The stock market is known for its sheer unpredictability and the element of surprise. This is exactly what…
Jun, 26, 2024
2 min read
by Watcher.Guru
No-Code Startup Creatio Hits Unicorn Status After $200M Raise

No-Code Startup Creatio Hits Unicorn Status After $200M Raise

Boston-based low-code and no-code startup Creatio achieved unicorn status after landing a $200 million round led by Sapphire Ventures.
Jun, 26, 2024
1 min read
by Crunchbase
UNESCO worried AI might distort Holocaust memory

UNESCO worried AI might distort Holocaust memory

UNESCO has raised concerns that generative AI may distort the history of the Holocaust if AI developers do not apply ethical standards. In a report...
Jun, 26, 2024
2 min read
by CryptoPolitan
Chaddha From Mayfield Fund On The Cognitive Economy

Chaddha From Mayfield Fund On The Cognitive Economy

Mayfield Fund is among the firms investing in the rise of the cognitive workforce through AI-enabled tools for knowledge workers. We speak to Navin...
Jun, 26, 2024
4 min read
by Crunchbase
Is the NVIDIA top in as Etched launches ASIC for LLMs 10x faster than H100 GPUs?

Is the NVIDIA top in as Etched launches ASIC for LLMs 10x faster than H100 GPUs?

Etched is making waves in the artificial intelligence hardware space with its revolutionary new AI accelerator chip. The Silicon Valley startup, fo...
Jun, 26, 2024
4 min read
by CryptoSlate
AI Chip Startup Etched Captures $120M In Hot Market

AI Chip Startup Etched Captures $120M In Hot Market

Etched.ai, the creator of the transformer-specialized AI chip Sohu which is used to train and deploy large language models that are the underpinnin...
Jun, 25, 2024
2 min read
by Crunchbase
Meta AI expands to India amidst growing AI competition

Meta AI expands to India amidst growing AI competition

The parent company of Facebook, Meta, has finally rolled out its artificial intelligence chatbot, Meta AI, to its users in India. This announcement...
Jun, 24, 2024
3 min read
by CryptoPolitan
TikTok owner develops advanced AI chip with US firm Broadcom – report 

TikTok owner develops advanced AI chip with US firm Broadcom – report 

ByteDance, the Chinese owner of TikTok, is working with U.S. chip designer Broadcom to develop an advanced artificial intelligence processor, Reute...
Jun, 24, 2024
3 min read
by CryptoPolitan