Databricks reaches $190 billion valuation after raising $5 billion in financing
Databricks announced Thursday that it had raised $5 billion at a valuation of $190 billion, as the data and artificial...
AI
Nvidia Teams Up with Wall Street Giants to Raise $500 Billion
Nvidia announced that it has partnered with six major financial institutions to launch computing financing platforms. With the goal of...
American Media Organizations Request Court Sanctions for Copyright Violations at OpenAI
In the midst of a protracted legal battle over ChatGPT's purported exploitation of news items. A collection of American media...
Microsoft will eliminate 4,800 positions as AI grow
As the Windows developer makes large investments in AI infrastructure and uses the technology to increase efficiency across its business...
Samsung’s profits are expected to grow 18-fold due to strong demand for memory from AI
As the AI boom continues to pressure memory supply and drive up chip prices, Samsung Electronics. Operational profit is expected...
OpenAI suggests giving the US government a 5% share
According to the Financial Times, OpenAI is in negotiations to perhaps give the Trump administration a 5% share in the...
SpaceX Signs Supply Agreement with Reflection AI Worth Up to 6,300 million dollars
SpaceX, an aerospace and artificial intelligence (AI) business, and Reflection AI signed a processing capacity supply agreement. The third of...
OpenAI, Meta, Google, Anthropic, and other directives add up to the G7
Executives from twelve technology platforms, including OpenAI, Meta, Google, Anthropic, Salesforce, and Mistral AI, are participating this Wednesday. In a...
In its first corporate bond offering in five years, Nvidia plans to raise $20 billion
According to a source who spoke to Reuters on Monday, Nvidia plans to raise $20,000 million through a bond issue...
After Samsung and Micron’s AI chip explosion, SK Hynix joins the trillion-dollar club
Thanks to the AI-driven boom, SK Hynix's market value crossed $1 trillion for the first time on Wednesday. Joining rivals...
