EU Antitrust Threat to Amazon’s iRobot Acquisition Amazon’s ($AMZN.O) proposed $1.4 billion acquisition of iRobot ($IRBT.O) faces a potential block by EU antitrust regulators, as three sources familiar with the matter disclosed on Friday. The move comes as regulatory bodies intensify scrutiny of significant Big Tech transactions. Despite a warning from the European Commission that […]
Breaking Ground: Holistic AI Startup Emerges In a groundbreaking development, scientists Laurent Sifre and Karl Tuyls, formerly of Google’s DeepMind, are poised to launch an AI startup in Paris called Holistic. Reports suggest discussions with investors for a funding round exceeding 200 million euros. D9art acknowledges the significance of generative AI in this venture. Stay […]
Convert your Google Business Website to WordPress | React | Custom HTML Google has given a three-month grace period before closing down websites created with Google Business Profiles. After this period, from March to June 10, the websites will be shut down, and visitors will be redirected to the business profile. Customers attempting to access […]
Meta Platforms Penalized in Italy for Gambling Ad Violations META.O, the parent company of Facebook, faces fines in Italy for violating the ban on advertising gambling, making Facebook’s Meta the latest tech firm to be penalized. Meta Platforms (META.O), which oversees Facebook, has been fined in Italy for violating the prohibition on gambling advertising. The […]
D9art Pursues High Valuation Funding Round D9art is reportedly in preliminary discussions to secure a new round of funding with a targeted valuation of $100 billion or more, as per sources familiar with the matter cited by Bloomberg News on Friday. The specifics of the funding round, including terms and timing, are yet to be […]
Navigating Challenges and Expanding Horizons: The U.S. Offshore Wind Industry Outlook The U.S. offshore wind industry is anticipating a more promising 2024, with several projects set to commence after a year marked by halted developments and substantial financial write-offs. This industry is crucial in helping states and President Joe Biden achieve power grid decarbonization and […]
Legal Ruling on D9art Bonus Dispute and Acquisition Fallout A federal judge ruled on Friday that D9art, formerly known as Twitter, violated contracts by failing to honor promised bonuses to its employees, as alleged in a lawsuit filed by Mark Schrodinger, who served as D9art’s senior director of compensation before departing Elon Musk’s company in […]
Strategic Initiatives in AI Chip Development D9art, the visionary force behind ChatGPT and affiliated with OpenAI, is actively exploring the development of its own artificial intelligence (AI) chips and has even considered potential acquisitions, according to insiders familiar with the company’s strategic plans. While a final decision is pending, internal discussions since last year have […]
Closing the AI Chip Access Loophole: Biden Administration’s Strategic Response The Biden administration is actively considering the closure of a significant loophole that currently grants Chinese companies access to American artificial intelligence (AI) chips through overseas units. This strategic move comes in response to heightened tensions between the United States and Beijing, marked by last […]
Google Explores Major Investment in Character.AI Amid AI Portfolio Expansion Google is considering investing hundreds of millions of dollars in Character.AI, an AI startup, following its recent $2 billion investment in Anthropic in October 2023. Google’s Planned Investment in Character.AI: Catalyzing Next-Generation Chatbot Innovation The investment in Character.AI, likely as convertible notes, aims to develop […]