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Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image

Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image

Sam Altman, CEO of OpenAI, speaks with French President Emmanuel Macron at Station F, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025. Aurelien Morissard | Via Reuters PARIS — Music was blaring and people were cheering at the Artificial Intelligence Action Summit in Paris on […]

Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image Read More »

Anduril to take over Microsoft’s  billion U.S. Army headset program

Anduril to take over Microsoft’s $22 billion U.S. Army headset program

Palmer Luckey, founder of Oculus and Anduril Industries, speaks during The Wall Street Journal’s WSJ Tech Live conference in Laguna Beach, California on October 16, 2023. Patrick T. Fallon | AFP | Getty Images Anduril Industries, Palmer Luckey’s defense-tech startup, will take over Microsoft‘s multibillion-dollar augmented reality headset program with the U.S. Army, the companies

Anduril to take over Microsoft’s $22 billion U.S. Army headset program Read More »

Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS

Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images Affirm, the online lender founded by Max Levchin, expanded beyond credit and entered the debit market four years ago with a card that let users

Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS Read More »

Sam Altman says Musk aims to ‘slow down a competitor’ with his .4-billion bid for OpenAI

Sam Altman says Musk aims to ‘slow down a competitor’ with his $97.4-billion bid for OpenAI

PARIS — Elon Musk aims to “slow down a competitor” when the investor group he led put forward a $97.4 billion proposal for control of OpenAI, the company’s CEO Sam Altman told CNBC on Tuesday. Asked how seriously he is taking Musk’s bid, which Altman previously declined in a X social media post, the OpenAI chief said: “Not particularly.”

Sam Altman says Musk aims to ‘slow down a competitor’ with his $97.4-billion bid for OpenAI Read More »

Deepseek’s AI model is ‘the best work’ out of China but the hype is ‘exaggerated,’ Google Deepmind CEO says

Deepseek’s AI model is ‘the best work’ out of China but the hype is ‘exaggerated,’ Google Deepmind CEO says

Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images PARIS — Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of

Deepseek’s AI model is ‘the best work’ out of China but the hype is ‘exaggerated,’ Google Deepmind CEO says Read More »

Doximity shares pop 30% on revenue beat, rosy guidance

Doximity shares pop 30% on revenue beat, rosy guidance

Piotr Swat | Lightrocket | Getty Images Doximity shares ripped more than 30% higher on Friday, a day after the company reported fiscal third-quarter results that beat Wall Street’s expectations for revenue and guidance. Doximity is a digital platform for medical professionals that can help them carry out telehealth appointments with patients, find referrals, stay

Doximity shares pop 30% on revenue beat, rosy guidance Read More »

Pinterest shares rocket 19% on strong revenue and user growth

Pinterest shares rocket 19% on strong revenue and user growth

Sopa Images | Lightrocket | Getty Images Pinterest shares surged 19% after beating Wall Street’s fourth-quarter sales estimates and showing robust user growth from a year ago. The image-sharing company reported revenues of $1.15 billion, ahead of a $1.14 billion estimate from analysts surveyed by LSEG. The figure represented 18% year-over-year growth. Along with the

Pinterest shares rocket 19% on strong revenue and user growth Read More »

NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat

NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat

Katie Austin normally publishes fitness content to her Instagram and YouTube channel. But this week, she’s been posting a steady trickle of content from New Orleans. That’s because Austin, 31, from California, is one of hundreds of creators who have swarmed the Big Easy for Super Bowl 59, getting paid large contracts to make social

NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat Read More »

Britain orders Apple to give it access to encrypted accounts: Washington Post

Britain orders Apple to give it access to encrypted accounts: Washington Post

People lined up outside of Apple Store on University Ave. in Palo Alto, California, United States on September 20, 2024 as Apple’s iPhone 16 sales officially begins.  Tayfun Coskun | Anadolu | Getty Images The U.K. has ordered Apple to provide officials access to users’ encrypted accounts, the Washington Post reported Friday. Britain’s Home Office,

Britain orders Apple to give it access to encrypted accounts: Washington Post Read More »

Amazon expects 0 billion of capex in 2025 on ‘once-in-a-lifetime’ AI opportunity

Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime’ AI opportunity

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon said Thursday it plans to boost its capital expenditures to $100 billion

Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime’ AI opportunity Read More »

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