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Briefing
Articles assigned to this content type label.
Market
Microsoft to launch a brand new autonomous AI agent in November
What happened Starting in November, customers can create AI agents to handle daily tasks with little human help. Microsoft calls these agents “apps for an AI…
Market
Google wins temporary pause on Play Store changes amid Epic Games lawsuit
What happened A California federal judge has granted Google a temporary halt on a previous ruling that ordered the company to overhaul its Android Play Store…
Market
Eutelsat’s first OneWeb launch of SpaceX Rocket after merger
What happened Eutelsat, the world’s third-largest satellite operator by revenue, launched 20 satellites for its communications network on Sunday, employing E…
Market
Robinhood launch free desktop platform after a decade
What happen On Wednesday, Robinhood (HOOD.O) released its long-awaited desktop platform and added futures and index options trading functionality to its mobi…
Market
Wolfspeed receive $750 million government funding, serving national security
What happen Wolfspeed, an American company that develops and produces wide-band gap semiconductors. The company specializes in chipmaking using silicon carbi…
Market
Intel and AMD form partnership to confront Arm’s dominance
In a strategic move to enhance their positions in the semiconductor market, Intel and Advanced Micro Devices (AMD) have announced the creation of a collabora…
Market
OpenAI offers Thrive Capital exclusive sweetener in latest funding round
Thrive Capital’s over $1 billion investment in OpenAI’s funding round underscores AI’s rising market impact.
Market
Apple drops out of talks to join OpenAI investment round
Apple withdraws from OpenAI’s $6.5B funding round talks; Microsoft and Nvidia continue, with Microsoft planning a $1billion investment.
Market
Apple exits OpenAI funding as tech giants vie for AI dominance
Apple has reportedly exited negotiations for OpenAI’s $6.5 billion funding round, leaving Microsoft and Nvidia as key participants.
Market
Thrive Capital secures exclusive clause in OpenAI’s funding
Thrive Capital invests over $1 billion in OpenAI′s $6.5 billion round, with an exclusive option for an additional $1 billion next year if revenue targets are…
Market
Visa acquires AI firm Featurespace to combat financial fraud
Visa has agreed to acquire AI-driven payments protection firm Featurespace to enhance its fraud detection capabilities.
Market
Dell partners with Nvidia to launch AI for telecom programme
Dell launched “Dell AI for Telecom” at their 2024 forum in Kuala Lumpur, simplifying AI deployment for CSPs using Nvidia-powered servers.
Market
Zuckerberg talks symbolic investment in eyewear partner
Zuckerberg’s emphasis on a symbolic investment reflects a strategic approach to strengthen Meta’s ties with EssilorLuxottica.
Market
Blackstone confirms $13.3B investment in AI data centre in Britain
Blackstone confirms $13.3 billion investment in an AI data centre in Blyth, creating 4,000 jobs, revitalising a derelict site previously meant for an EV batt…
Market
OpenAI’s official account targeted in crypto scam incident
OUR TAKEThe hijacking of the official OpenAI Newsroom account on X to promote a cryptocurrency scam is a troubling incident that underscores the vulnerabilit…
Market
Samsung announces $1.8B investment in new OLED factory in Vietnam
OUR TAKEThe new factory enhances Samsung’s commitment to cutting-edge OLED technology, which is crucial for modern displays, improving quality and innovation…
Market
Apollo Global Management negotiates $5B investment in Intel
Apollo Global Management is negotiating a $5 billion investment in Intel to support the company’s recovery amid a 60% drop in stock value this year.
Market
Intel’s stock rises on Apollo investment hints and Qualcomm merger talks
OUR TAKEIntel’s stock rose after reports of a potential $5 billion investment from Apollo Global Management and ongoing discussions about a possible takeover…
Market
Qualcomm explores potential acquisition of Intel amid chipmaker’s struggles
OUR TAKEQualcomm has approached Intel about a potential takeover, signalling a significant move in the semiconductor industry. It’s crucial for both companie…
Market
SpaceX stands firm against the FAA’s claims of launch irregularities
OUR TAKEThe situation underscores the importance of adhering to regulatory requirements in the aerospace industry. SpaceX’s commitment to safety is vital not…