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Israeli tech CEO who was severely wounded in Gaza sells startup for about $100 million
Itamar Ben Hemo didn’t have to join the war. At age 49, the Israeli tech entrepreneur was well outside of the range of mandatory service. But following last year’s Oct. 7 attack by Hamas, Ben Hemo signed up as a reservist, confident that his experience fighting as a paratrooper in Lebanon in 2006 made him […]
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Mark Zuckerberg went all in on Meta’s AI strategy this year. The pressure builds in 2025
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters “Aut Zuck Aut Nihil” spanned the front of Mark Zuckerberg’s loose-fitting black shirt during his keynote at Meta’s Connect event in September. […]
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13 anonymous media executives make predictions for the new year
Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a holiday tradition: Anonymous media executives make their 2025 industry predictions. In honor of the 12 days of Christmas, we give you 12 predictions from some of the most powerful media and entertainment executives in the […]
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’The next Nvidia’: Broadcom is the AI chip stock to own in 2025, investor says
Broadcom is more likely to deliver big gains for investors in 2025 than AI chip leader Nvidia , as major technology companies seek to reduce their dependence on a single supplier, according to fund manager Stephen Yiu. Yiu, portfolio manager of the Blue Whale Growth Fund, said that while Big Tech giants, such as Microsoft […]
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What Google’s quantum computing breakthrough Willow means for the future of bitcoin and other cryptos
Google’s recent announcement of the arrival of Willow, a quantum chip that has reduced the error tendencies of some of its predecessors, is a milestone in the effort to bring quantum computing into the real world, and in the years ahead, it could change the way we think about the risk in cryptocurrencies. Willow’s speed […]
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OpenAI is done with Shipmas and staring down daunting challenges for 2025
Sam Altman Co-founder and CEO of OpenAI speaks during the Italian Tech Week 2024 at OGR Officine Grandi Riparazioni on September 25, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The […]
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AMD invests in GPU cloud provider Vultr at $3.5 billion valuation
A sign is posted in front of the Advanced Micro Devices (AMD) headquarters on May 10, 2022 in Santa Clara, California. Justin Sullivan | Getty Images Vultr, a startup that rents out graphics processing units and other cloud infrastructure to businesses, has raised $333 million in a transaction that values the company at $3.5 billion. […]
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U.S. Supreme Court agrees to hear challenge to TikTok divestment law
The Supreme Court on Wednesday agreed to hear arguments by TikTok that a law that could lead to a ban of the popular social media app violates free speech protections in the U.S. Constitution. The Supreme Court scheduled oral arguments in the case for Jan. 10, nine days before the law, formally known as the […]
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Health AI startup Suki expands partnership with Google Cloud to deliver more assistive tech for clinicians
Health-care artificial intelligence startup Suki on Wednesday announced a new collaboration with Google Cloud as part of its push to expand beyond clinical documentation. Through the partnership, Suki is building patient summary and Q&A features using Google Cloud’s Vertex AI platform, which allows developers to train, tune and deploy different AI models and applications. Suki’s […]
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Biden’s DOJ antitrust head to step down, Reuters reports
US Assistant Attorney General Jonathan Kanter, with Attorney General Merrick Garland (L), speaks during a press conference announcing an antitrust lawsuit against Apple, at the Justice Department in Washington, DC, on March 21, 2024. Mandel Ngan | AFP | Getty Images U.S. Department of Justice antitrust head Jonathan Kanter said on Tuesday that he will […]
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