Chinese multinational tech company Baidu is launching a well-heeled fund to support AI development and growth.
Transak said that the funds raised will go towards global expansion by building onboard solutions, financial applications, as well as Web3 games.
Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year.
According to Temasek, despite the absence of any misconduct, both its senior management team and investment body assumed collective accountability and accepted a reduction in their compensation.
Tools of Humanity, the company behind the Worldcoin project, said that the capital raised shall go towards boosting research, growth and other development efforts for the project.
Reputed for being a frontrunner when it comes to AI research and technology, OpenAI has been invested in helping AI-focused startups.
Following the participation of Spark Capital in the just concluded Series C funding round, Yasmin Razavi, a General Partner at the venture capital fund, joined Anthropic as part of the board of directors.
HashKey Capital emphasized that it plans to direct the investment into Web3 initiatives in order to broaden its crypto exposure.
Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way.
Despite the troubled tech space, German InsurTech firm Wefox recently raised $110 million in debt financing and fresh equity funding.
Burry increased his stakes in several regional banks in Q1, including NYCB, PacWest, Western Alliance, and First Republic.
Palantir also revealed that it closed the quarter with $1.62 billion in US Treasury securities.
Microsoft will integrate Builder.ai’s AI assistant Natasha into its Teams video and chat software.
The growth in the European indices recorded an encompassing ripple effect that spread to other major Asia-Pacific markets.
Apple expects a 5% drop in revenue amid sluggish sales for Mac and iPad. The Street expects the Apple board to authorize $90 billion worth of buybacks and share repurchases.