India’s IT shares have fallen to a near three-year low following OpenAI’s introduction of the OpenAI Deployment Company, which aims to assist enterprises in building and deploying AI systems with…
Anthropic has declared all unauthorized transfers of its shares void, stating that any sale not approved by its Board of Directors is invalid. This announcement has intensified scrutiny over how…
CME Group, the largest US derivatives exchange, is set to launch a futures market for computing power in partnership with Silicon Data, in response to the soaring demand for AI…
Anthropic has seen a drastic decline in its pre-IPO valuation, with almost $500 billion erased, following its announcement that unauthorized stock transfers in secondary markets are void and unrecognized. This…
OpenAI has announced a $20 billion commitment that could potentially secure the company an 11% stake in Cerebras, a company known for its AI chips. This investment aligns with OpenAI’s…
Canadian IT consulting firm CGI Inc. has appointed Tim Hurlebaus as its new CEO after the company’s share price dropped approximately 40% over the past year, primarily due to rising…
Isomorphic Labs, a spinout from DeepMind, has successfully raised $2.1 billion in its second funding round, aided by prominent investors such as Thrive Capital, Alphabet, and several sovereign wealth funds.…
SAP has invested in the workflow automation platform n8n, doubling its valuation to $5.2 billion as part of the German software giant’s effort to enhance its artificial intelligence offerings. This…
3M has joined a coalition that includes AMD, Meta, Oracle, Cisco, and Arista to standardize expanded beam optical connectivity for AI data centers. This initiative, known as the Expanded Beam…
Waymo is recalling 3,791 robotaxis due to a software issue that may lead the autonomous vehicles to drive onto flooded roads. This recall, detailed by the National Highway Traffic Safety…
