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Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Finance News

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021. Handout | Via Reuters Block jumped more than 5% on Monday, leading a rally in shares of […]

Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk Read More »

Trade Desk’s stock jumps on S&P 500 inclusion as Ansys exits index due to acquisition

Trade Desk’s stock jumps on S&P 500 inclusion as Ansys exits index due to acquisition

Finance News

Jeff Green, Founder, CEO, and Chairman, The Trade Desk and Andrew Wallenstein, Variety Intelligence Platform, President and Chief Media Analyst speak onstage at “Advertising’s New Normal: Unifying Streaming and Identity in 2023” during the Variety Entertainment Summit at CES at the Aria Resort & Casino on January 06, 2023 in Las Vegas, Nevada. Greg Doherty

Trade Desk’s stock jumps on S&P 500 inclusion as Ansys exits index due to acquisition Read More »

Anthropic, Google, OpenAI and xAI granted up to 0 million for AI work from Defense Department

Anthropic, Google, OpenAI and xAI granted up to $200 million for AI work from Defense Department

Finance News

A view of the Pentagon on December 13, 2024, in Washington, DC. Home to the US Defense Department, the Pentagon is one of the world’s largest office buildings. Daniel Slim | Afp | Getty Images The U.S. Department of Defense on Monday said it’s granting contract awards of up to $200 million for artificial intelligence

Anthropic, Google, OpenAI and xAI granted up to $200 million for AI work from Defense Department Read More »

Cognition to buy AI startup Windsurf days after Google poached CEO in .4 billion licensing deal

Cognition to buy AI startup Windsurf days after Google poached CEO in $2.4 billion licensing deal

Finance News

In this photo illustration, a man seen holding a smartphone with the logo of US artificial intelligence company Cognition AI Inc. in front of website. Timon Schneider | SOPA Images | Sipa USA | AP Artificial intelligence startup Cognition announced it’s acquiring Windsurf, the AI coding company that lost its CEO and several other senior

Cognition to buy AI startup Windsurf days after Google poached CEO in $2.4 billion licensing deal Read More »

Meta removes 10 million Facebook profiles in effort to combat spam

Meta removes 10 million Facebook profiles in effort to combat spam

Finance News

Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025.  Evelyn Hockstein | Reuters Meta on Monday said it’s removed about 10 million profiles for impersonating large content producers through the first half of 2025 as part of

Meta removes 10 million Facebook profiles in effort to combat spam Read More »

Meta CEO Zuckerberg says first AI data supercluster will come online in 2026

Meta CEO Zuckerberg says first AI data supercluster will come online in 2026

Finance News

Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg on Monday said he plans to invest “hundreds of billions of Dollars” into artificial intelligence compute infrastructure, and that Meta plans to bring its first

Meta CEO Zuckerberg says first AI data supercluster will come online in 2026 Read More »

Musk says he does not support a merger between Tesla and xAI but backs investment

Musk says he does not support a merger between Tesla and xAI but backs investment

Finance News

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk on Monday said he does not support a merger between xAI and Tesla, as questions swirl over the future relationship of the electric automaker and artificial intelligence company. X account @BullStreetBets_ posted an open question to Tesla investors on the

Musk says he does not support a merger between Tesla and xAI but backs investment Read More »

Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less

Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less

Finance News

An AI sign at the MWC Shanghai tech show on June 19, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — The latest Chinese generative artificial intelligence model to take on OpenAI’s ChatGPT is offering coding capabilities — at a lower price. Alibaba-backed startup Moonshot released on late Friday night its Kimi K2 model: a

Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less Read More »

Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips

Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips

Finance News

Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm’s chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing.  In an interview with CNN aired Sunday, Huang said “we don’t have to worry about” China’s military using U.S.-made

Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips Read More »

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