Internet
Jared Kushner’s post-White House deal-making included badly timed bet on Amazon aggregator
A video of Jared Kushner is shown on a screen, as the House select committee investigating the Jan. 6 attack on the U.S. Capitol holds a hearing at the Capitol in Washington, Thursday, July 21, 2022. Alex Brandon | Reuters In March 2022, Jared Kushner was called to testify in front of the Jan. 6 […]
Read More
Google search head says ‘we won’t always find’ mistakes with AI products and have to take risks rolling them out
Liz Reid, vice president, search, Google speaks during an event in New Delhi on December 19, 2022. Sajjad Hussain | AFP | Getty Images Google’s new head of search said at an all-hands meeting last week that mistakes will occur as artificial intelligence becomes more integrated in internet search, but that the company should keep […]
Read More
Oracle stock pops 10% on AI demand, new deals with Google and OpenAI
Oracle Chairman of the Board and Chief Technology Officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images Oracle shares jumped more than 10% on Wednesday, a day after the software company announced its fourth-quarter results and cloud deals with Microsoft-backed […]
Read More
Microsoft-backed Mistral AI raises $645 million at a $6 billion valuation
French founder of artificial intelligence start-up Mistral AI, Arthur Mensch attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France. Chesnot | Getty Images Entertainment | Getty Images Mistral AI, a French tech startup, raised a funding round of 600 million euros ($645 million), as huge […]
Read More
Apple shares pop to record high after company unveils AI software
Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple shares popped 5% to a new record high of around $203 per share on Tuesday, a day after the company announced its long-awaited push into artificial intelligence at […]
Read More
Elon Musk threatens to ban Apple devices from his companies over OpenAI partnership
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on […]
Read More
Fda approves two new Abbott above-the-counter steady glucose monitors
Abbott Chairman of the Board and CEO Robert B. Ford delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 6, 2022 in Las Vegas, Nevada. Ethan Miller | Getty Images Abbott Laboratories announced on Monday it obtained acceptance from the U.S. Food items and Drug Administration for two new constant […]
Read More
Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range
Waystar shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range. The stock opened at $21 per share, below the IPO price of $21.50 late Thursday. Waystar said its expected price would be between $20 and $23 per share […]
Read More
Alphabet’s new CFO was in the middle of the GLP-1 growth. Now she’s onto generative AI
Alphabet incoming CFO Anat Ashkenazi, who invested 23 many years at Eli Lilly Eli Lilly Alphabet’s outgoing finance chief, Ruth Porat, spent the past calendar year and a fifty percent trying to assist her online firm navigate the generative synthetic intelligence increase. The human being who was just named her successor was knee-deep in a […]
Read More
Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
Westend61 | Westend61 | Getty Images AMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from investors, and is targeting an initial public offering in the next 18 months. The fundraising round was led by an undisclosed Southeast Asian sovereign wealth fund and backed by venture capital […]
Read More