Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street.
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Technology
Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop […]
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Technology
OpenAI’s Sora 2 is putting safety and censorship to the test with stunningly real videos
Fresh off a $6.6 billion share sale that made it the world’s most valuable private company, OpenAI’s TikTok-style video app, powered by its new artificial intelligence model, Sora 2, is going viral. Despite the gated release that requires an invite code, the video creation tool has already shot to the number three spot on Apple‘s […]
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Technology
Amazon faces FAA, NTSB probe after two delivery drones crashed into crane in Arizona
Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023. Jason Redmond | AFP | Getty Images Amazon is facing federal probes after two of its Prime Air delivery drones collided with a […]
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