Technology
Former Google, Meta executives raise $100 million for high-capacity AI servers startup
Ofer Shacham is CEO of Majestic Labs. Tal Givony Three former Meta and Google silicon executives on Monday announced they’ve raised a total of $100 million to build technology they say will reduce cloud companies’ spend on data center buildouts. Called Majestic Labs, the startup’s co-founders are Ofer Shacham, Sha Rabii and Masumi Reynders, all […]
Read More
Japanese investors turn to Europe as deep tech boom lures capital abroad
Huge swathes of cash are flowing from Japan to European tech startups as risk-averse investors favor a more mature entrepreneurial ecosystem, helping to scale the continent’s booming deep tech cluster. While the European startup and venture capital ecosystem has long operated in the shadow of Silicon Valley, it has become fertile ground for Japanese corporates, […]
Read More
China suspends some critical mineral export curbs to the U.S. as trade truce takes hold
Crystals of gallium are seen in a laboratory at Freiberg University of Mining and Technology in Saxony, Germany on 13 September 2023. Picture Alliance | Picture Alliance | Getty Images China has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the United States, in a sign […]
Read More
Week in review: The Nasdaq’s worst week since April, three trades, and earnings
It was a terrible start to November on Wall Street. The tech-heavy Nasdaq sank just over 3% in its worst weekly performance since early April. The S & P 500 fell 1.6% for the week. Both stock measures broke three-week winning streaks.This week’s market decline, which followed a strong October, can be chalked up to […]
Read More
Too early to bet against AI trade, State Street suggests
ETF Edge Too early to bet against AI trade, State Street suggests Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source
Read More
People with ADHD, autism, dyslexia say AI agents are helping them succeed at work
Neurodiverse professionals may see unique benefits from artificial intelligence tools and agents, research suggests. With AI agent creation booming in 2025, people with conditions like ADHD, autism, dyslexia and more report a more level playing field in the workplace thanks to generative AI. A recent study from the UK’s Department for Business and Trade found […]
Read More
Underwater cables are a vital piece of the AI buildout and internet — investment is booming
Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables. These cables carry government communications, financial transactions, email, video calls and streaming around the world. The first commercial telecommunication subsea cable was used for telegraphs and was laid across the English Channel between Dover, England and […]
Read More
Why Indian and Chinese talent are rethinking the American Dream
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The U.S. government’s proposed one-time $100,000 fee for new H-1B visa applicants could fundamentally alter how aspiring talent from India and China view the American Dream. As costs rise, global talent may reconsider where to build their futures—potentially reshaping innovation hubs and […]
Read More
EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters EV maker Rivian on Friday said it was giving its CEO a pay plan worth as much as $4.6 billion over the next decade, a deal similar to Tesla’s record package for […]
Read More
Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023. Jonathan Ernst | Reuters With Palantir’s stock plummeting more than 11% this week despite a better-than-expected earnings report, CEO Alex Karp took aim at investors betting against the software company. Karp, who co-founded Palantir in 2003, went […]
Read More