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Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
BARCELONA, SPAIN – MARCH 2: The Amazon ads logo, the advertising solutions service formerly known as AMD or Amazon Marketing Services, during the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Amazon has turned into an online ad juggernaut […]
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Cohere co-founder sees big AI opportunity in enterprise, happy to stay out of ChatGPT’s way
Omar Marques | Lightrocket | Getty Images Cohere co-founder Nick Frosst is surrounded by chatter of artificial general intelligence, or AGI. He’s perfectly happy to stay out of the conversation. Founded in 2019, by ex-Google AI researchers, Cohere is valued in the billions of dollars and is one of the more high-profile names in the […]
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Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
Former Goldman Sachs executive Ayesha Ofori was confident that investors would be keen to fund her investment platform startup — then came the wall of rejections. Some of the venture capitalists who gave the cold shoulder to Ofori’s female-focused financial investment platform, Propelle, ultimately rejected her, citing her lack of experience. Ofori notes her background at Morgan […]
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Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says
D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but […]
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Quantum stocks like Rigetti plunge after Nvidia’s Huang says the computers are 15 to 30 years away
Nvidia CEO Jensen Huang speaks during the launch of the supercomputer Gefion at Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are many years away. “If you said 15 years […]
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Anthropic in talks to raise funding at $60 billion valuation
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic, the artificial intelligence startup founded by former OpenAI research executives, is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, CNBC has confirmed. The funding round is being led by Lightspeed Venture Partners, according […]
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Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
Jensen Huang, Nvidia’s founder, president and CEO, speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia revealed new chips for desktop and laptop PCs on Monday that use the same Blackwell […]
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Stock futures tick higher after S&P 500 posts second straight winning day: Live updates
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images U.S. stock futures were marginally higher on Monday night after the S&P 500 and Nasdaq Composite notched a second winning day. S&P 500 futures and Nasdaq 100 futures respectively climbed 0.1% and 0.2%. Futures tied to […]
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UK visitors from dozens of countries will have to pay a new entry fee starting this week
Pedestrians shelter from the rain under umbrellas as they pass the Elizabeth Tower, commonly known by the name of the clock’s bell, Big Ben, at the Palace of Westminster, home to the Houses of Parliament, in London on Feb. 22, 2024. Henry Nicholls | AFP | Getty Images If you’re traveling to the U.K. as […]
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Comcast to launch Universal Ads in bid to win smaller advertisers over from tech
Jaque Silva | Nurphoto | Getty Images Comcast plans to launch a new advertising platform that will make it easier for smaller businesses to buy ad time — and, the company hopes, to beckon some advertisers away from social media and digital outlets and over to traditional TV’s streaming businesses. On Monday, Comcast announced the […]
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