Medium Founder & CEO Ev Williams speaks during the Web Summit 2018 in Lisbon, Portugal on November 8, 2018. Pedro Fiúza | Nurphoto | Getty Images Obvious Ventures, the venture capital firm co-founded by Twitter’s Evan Williams, has filed to raise $400 million for its latest fund, according to a regulatory filing. The filing for […]
Sheldon Cooper | Lightrocket | Getty Images Shares of AppLovin tumbled 13% Wednesday as two short-seller reports cast doubt on the integrity of the company’s AI-powered AXON advertising software that helped drive the tech giant to become the top-performing tech stock of 2024. Short seller Fuzzy Panda alleged that the AXON model was “the nexus
AppLovin shares tumble 13% as short sellers question its centerpiece AXON ad software Read More »
Visitors at Amazon Alexa boot during the international electronics and innovation fair IFA in Berlin on September 10, 2019. Nurphoto | Getty Images Amazon on Wednesday announced a long-awaited overhaul of its Alexa digital assistant. The revamped service, which Amazon is calling “Alexa+,” is powered by generative artificial intelligence, Panos Panay, the company’s devices chief,
Amazon unveils long-awaited Alexa revamped with AI features Read More »
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba on Wednesday said that it has made its video generation artificial intelligence models free to use, further ramping up competition with rivals like OpenAI. The Chinese giant said it is open sourcing
Alibaba makes AI video generation model free to use globally Read More »
Tesla CEO Elon Musk postponed a scheduled trip to India this week where he was to meet Prime Minister Narendra Modi, citing “heavy Tesla obligations.” Anadolu | Anadolu | Getty Images India has been striving to become a global manufacturing hub, having successfully invited major companies such as Apple to set up as well as
Modi wants Tesla to build cars in India. Making the plan work may not be easy Read More »
The Super Micro Computer Inc. headquarters in San Jose, California, US, on Tuesday, Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell as much as 10% during trading on Tuesday as the company nears a deadline to file audited financial reports or be delisted from the Nasdaq exchange.
Super Micro shares fall ahead of filing deadline Read More »
CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple shareholders on Tuesday rejected a request to abolish its Inclusion & Diversity program, signaling that investors still see value in the company’s diversity programs.
Apple shareholders reject outside proposal to end DEI programs Read More »
A doctor looks at an AI-generated clinical note. Courtesy of Athenahealth Health-care software vendor Athenahealth on Tuesday said it will offer Abridge’s artificial intelligence scribing tool to its network of more than 160,000 clinicians. Athenahealth has developed an electronic health record, revenue cycle management tools and patient engagement tools for ambulatory care providers, which include
Athenahealth to offer Abridge’s AI scribe to its network of thousands of doctors Read More »
Justin Sullivan | Getty Images At PayPal‘s first investor day in four years, CEO Alex Chriss will deliver a clear message to shareholders: Venmo isn’t just an easy way to split the dinner tab. Chriss, who took the helm in September 2023, is trying to spur a turnaround at the payments company, and Venmo is
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027 Read More »
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next catalyst. The price of bitcoin fell 6%
Bitcoin drops to a 3-month low below $90,000 in risk-off move Read More »
