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OpenAI’s Altman to meet chipmakers Samsung, SK Hynix execs on Friday

Open AI’s Altman to meet chipmakers Samsung, SK Hynix execs on Friday -sources Sources reveal that Open AI CEO Sam Altman is currently in South Korea, scheduled to meet with top executives from major chip manufacturers Samsung Electronics and SK Hynix. The discussions are anticipated to center around potential partnerships related to chip production, although […]

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PayPal to launch AI-based products as new CEO aims to revive share price

PayPal to launch AI-based products as new CEO aims to revive share price PayPal is set to unveil innovative artificial intelligence-driven products, along with a streamlined one-click checkout feature, in an effort to reinvigorate the payments giant, according to an announcement made on Thursday. This marks the first major move by CEO Alex Chriss, who […]

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Meta protect teens from unwanted messages on Facebook

Meta moves to protect teens from unwanted messages on Instagram, Facebook Meta Platforms (META.O) is implementing additional measures to safeguard teenage users from unsolicited direct messages on Instagram and Facebook, according to the social media platform’s announcement on Thursday. This decision comes in the wake of Meta’s commitment to conceal more content from teens, prompted […]

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Super Micro Computer shares surge as AI server demand powers

Super Micro Computer shares surge as AI server demand powers big forecast raise   Super Micro Computer’s (SMCI.O) shares soared approximately 25% to a historic high on Friday, driven by the company’s optimistic projection of quarterly results surpassing current estimates, thanks to robust demand for artificial intelligence servers. The surge also reflects increasing demand for […]

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AI Startup Cohere

AI startup Cohere in talks to raise roughly $500mln to $1bln – source   Toronto-based startup Cohere is currently engaged in discussions with investors to secure a significant capital injection ranging from $500 million to $1 billion, according to information from a reliable source shared with Reuters on Friday. This fundraising initiative comes on the […]

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Amazon’s iRobot

Amazon’s iRobot deal faces EU antitrust veto, sources say   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 […]

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AI

Google DeepMind scientists in talks to leave and form AI startup – Bloomberg News

Google DeepMind scientists in talks to leave and form AI startup – Bloomberg News 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 […]

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