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(Bloomberg) -- Artificial intelligence company Reka AI raised a $110 million funding round from investors including Nvidia Corp. and Snowflake Inc. — a deal that more than triples the startup’s valuation to over $1 billion.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond BoomMilan Corruption Probe Casts Shadow Over Property BoomHow San Jose’s Mayor Is Working to Build an AI CapitalReka AI makes lar...
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(Bloomberg) -- Google is seeking to recruit news organizations for a new licensing project related to artificial intelligence, according to people familiar with the matter, a sign the company wants to strengthen strained ties with the industry.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond BoomMilan Corruption Probe Casts Shadow Over Property BoomHow San Jose’s Mayor Is Working to Build an AI Cap...
Continue ReadingIonQ, D-Wave, IBM, and Microsoft could all profit from this secular trend...
Continue Reading(Bloomberg) -- After months of underperforming their tech peers, Alphabet Inc. shares are finally showing signs of life as investors bet that a strong earnings performance will outweigh concerns about a looming antitrust ruling.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond BoomMilan Corruption Probe Casts Shadow Over Property BoomHow San Jose’s Mayor Is Working to Build an AI CapitalThe stock ha...
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Stock market momentum stalls, TSMC joins $1 trillion club, short sellers circle Opendoor, and more news to start your day...
Continue ReadingAmazon is facilitating the shift towards a circular economy with its Second Chance programme...
Continue ReadingOnline advertising giant Alphabet (NASDAQ:GOOGL) will be reporting earnings tomorrow after market hours. Here’s what to look for...
Continue ReadingThe five-day third edition of the China International Supply Chain Expo (CISCE) concluded in Beijing. Held under the theme Connecting the World for a Shared Future, the event demonstrated China's ongoing commitment to expanding access and strengthening international collaboration across global industrial and supply chains...
Continue ReadingThe move builds on the Stargate initiative, an up to $500 billion and 10 gigawatt project that also includes Japanese technology investor SoftBank Group and is setting up its first AI data center in Abilene, Texas. OpenAI, as well as its backer Microsoft, are among the technology companies pouring billions of dollars on data centers to power generative AI services such as ChatGPT and Copilot that require huge amounts of computing power. The growing use of AI in sensitive sectors such as defense, as well as China's push to catch up, has made the nascent technology a top priority for U.S. President Donald Trump, who unveiled Stargate at the White House in January...
Continue ReadingThe most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Tuesday's...
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