The title of “World’s Most Valuable Company” belongs to Apple once again. As of mid-afternoon Wednesday (June 12), the iPhone maker’s market capitalization stood at $3.38 trillion, putting it ahead of Microsoft — $3.29 market cap — for the first time in months. The company’s...
Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6 billion. The funding injection positions Mistral AI as a serious contender to Silicon Valley’s AI powerhouses, signaling a shift in...
The Justice Department and the Federal Trade Commission (FTC) are reportedly gearing up to unleash their antitrust hounds on Microsoft, OpenAI and Nvidia, according to a Wednesday (June 5) report from The New York Times. These tech behemoths have been driving artificial intelligence (AI) innovation, but...
Microsoft is reportedly effectively outsourcing its best AI research and development to OpenAI, a move that could have significant implications for the AI landscape. Todd McKinnon, CEO of cybersecurity firm Okta, told CNBC Friday (June 7) that Microsoft has handed over the development of its...
June 03, 2024
The artificial intelligence chip race is heating up. In a bid to outpace rivals Nvidia and Intel, AMD unveiled a suite of cutting-edge AI chips at the Computex tech conference in Taipei Monday (June 3) CEO Lisa Su declared AI the company’s “No. 1 priority,” emphasizing the technology’s transformative potential across industries. The star of […]
May 27, 2024
After starting the year at a five-year low, France may be in a position to lead venture investment in the EU out of the dark ages. The country has emerged...
May 03, 2024
As tech giants like Google, Microsoft and OpenAI accelerate their artificial intelligence (AI) efforts, Apple is charting a more deliberate course and expressing optimism about the technology’s future. The iPhone...
April 15, 2024
In today’s digitized operating environment, a business is only as good as its cyber defenses. And with Change Healthcare reportedly facing a new ransomware attack following an earlier massive breach in...
June 12, 2024
The title of “World’s Most Valuable Company” belongs to Apple once again. As of mid-afternoon Wednesday (June 12), the iPhone maker’s market capitalization stood at $3.38 trillion, putting it ahead of Microsoft — $3.29 market cap — for the first time in months. The company’s stock had begun to climb after Apple began the week […]
June 10, 2024
Microsoft is reportedly effectively outsourcing its best AI research and development to OpenAI, a move that could have significant implications for the AI landscape. Todd McKinnon, CEO of cybersecurity firm...
June 07, 2024
Artificial intelligence agents have reportedly caught the attention of tech investors, leading to a surge in funding for startups focused on building them. The interest from tech investors highlights the...
June 06, 2024
American regulators are reportedly readying antitrust investigations into three major players in the AI industry. The Justice Department and Federal Trade Commission (FTC) have come to an agreement that lets...