Servicenow Flirts with 200 Billion Market Cap As Ai Momentum Draws Cheers
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Amazon launches Nova AI model family for generating text, images and videos
Nova Reel outperformed Runway's Gen-3 Alpha in A/B testing, achieving winning rates of 61.4% for video quality.VentureBeat - 1d -
Google Cloud launches Veo AI video generator model on Vertex
Unveiled at Google’s I/O developer conference, Veo is Google DeepMind’s response to competitors like Runway’s Gen-3 and OpenAI's Sora.VentureBeat - 21h -
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Marvell’s results signal a gradually healthier business that’s about more than just the AI boom.MarketWatch - 17h -
Jensen Huang Wants to Make AI the New World Infrastructure
Nvidia CEO Jensen Huang has a plan to bring AI infrastructure to countries around the world, and he’s pitching it in person.Wired - 17h -
Encore’s AI-Powered Site Helps You Shop for Vintage and Secondhand Items
Using a blend of GPT-4 and its own computer model, Encore’s natural language search tool can recognize numerous brands, styles, and aesthetics across the web’s many vintage resale sites.Wired - 7h -
Growl is an AI interactive boxing coach to punch up your family workouts
Growl has raised $4.75 million to create an AI-powered interactive boxing coach to punch up your family workouts.VentureBeat - 7h -
Salesforce earnings spur a big stock rally. Is the AI hype justified?
Wall Street seems excited about early momentum for Salesforce’s Agentforce AI product, but some analysts are skeptical about the monetization potential.MarketWatch - 4h -
AWS says new Bedrock Automated Reasoning catches 100% of AI hallucinations
AWS updated Bedrock with two new capabilities, one to let large models teach smaller models and another to catch and correct hallucinations.VentureBeat - 1d -
Marvell’s stock skyrockets as it’s dubbed the next hot AI chip name
Wall Street is excited about Marvell’s traction in custom offerings and partnership with Amazon’s AWS.MarketWatch - 3h -
Salesforce shares jump on earnings beat and strong AI deals pipeline
Salesforce shares popped Wednesday on earnings beat and AI pipelineCNBC - 2h -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - 1d -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - 1d -
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.The New York Times - 1d -
Judge rejects Elon Musk request to reinstate his $56 billion pay package
Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.CBS News - 1d -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - 1d -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - 1d -
Vietnam court may commute tycoon's death sentences if she repays $11 billion
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billionABC News - 1d -
Space Startups Get Government Contracts as SpaceX Explores Share Sale Valued at $350 Billion
The commercial space industry has had a rocket lit under it recently, as the government changes how it awards contracts, looking closely at new innovators.Inc. - 1d -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - 1d -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - 2h -
Drug Smugglers Caught With $4.25 Billion Worth Of Meth Were Using SpaceX Starlink for Navigation
Yahoo News - 4h -
Despite Pops From Reddit and Astera Labs, the Sluggish IPO Market Dragged On in 2024
In going public, StubHub swung and missed, Reddit connected, but otherwise it was a whole lot of nothing.Inc. - 2d -
‘They felt they couldn’t market us to white people’: 90s hip-hop iconoclasts Digable Planets return
As they mark the 30th anniversary of album Blowout Comb, the Grammy-winning trio revisit their egalitarian ethos, anti-fascist lyrics and Pink Floyd influences. It’s 1 March 1994, and at New York’s ...The Guardian - 1d -
Job openings rise and more workers quit in sign of improving U.S. labor market
U.S. job openings rose slightly in October and the number of workers quitting one job for another rose to the highest level in five months, suggesting the labor market has improved after a soft ...MarketWatch - 1d -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - 12h -
High-profile South Korean cabinet ministers offer to resign
Moves pile pressure on President Yoon Suk Yeol to leave office after failed attempt to impose martial lawFinancial Times - 2h -
South Korea's short-lived martial law declaration rattled markets. Here's what's next for stocks
An extraordinary political drama in South Korea is likely to compound an already gloomy outlook for Asia's fourth-largest economy, analysts say.CNBC - 3h -
ADP jobs report says 146,000 workers hired in November. U.S. jobs market in stable condition.
U.S. businesses created a solid 146,000 new jobs in November, paycheck company ADP said, in another sign the labor market has stabilized after big cooldown over the summer.MarketWatch - 5h