Latest in Chinese driver assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia
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Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia
Deeproute said it is part of the first batch of companies in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next yearBusiness - CNBC - 8 hours ago -
Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.Business - CNBC - October 23 -
Palantir is now worth $100 billion — and may be like Nvidia in one regard
Palantir is helping companies incorporate AI into their businesses — and one analyst says it’s succeeded “more than any company (not named Nvidia).”Business - MarketWatch - October 28 -
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Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools
Tech companies are in Las Vegas this week to talk health-care AI at the HLTH conference.Business - CNBC - October 21 -
Nvidia CEO touts India’s progress with sovereign AI and over 100K AI developers trained
Nvidia CEO Jensen Huang noted India’s progress in its AI journey in a conversation at the Nvidia AI Summit in India. India now has more than 2,000 Nvidia Inception AI companies and more than ...Tech - VentureBeat - October 24 -
US announces $135M in humanitarian assistance to Palestinians
Secretary of State Antony Blinken on Thursday announced $135 million in new humanitarian assistance for Palestinians and said American negotiators will meet with Israeli and Qatari counterparts to ...Politics - The Hill - October 24 -
100 Million People Involved in UnitedHealth Hack
The scale of the hack makes it the worst healthcare data breach in the country.Business - Inc. - October 25 -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - October 29 -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
Microsoft Copilot AI adoption within corporate America is growing rapidly, but many companies are still unsure about the costs, a new CNBC survey finds.Business - CNBC - 6 days ago -
Moscow and Beijing announce further cooperation during international group meeting in Pakistan
Leaders and top officials from an international group founded to counter Western alliances have met in Pakistan’s capital, with Moscow and Beijing announcing they will boost cooperationWorld - ABC News - October 16 -
Biden announces $600 million for Florida hurricane relief
President Biden traveled to Florida on Sunday, where he announced more than $600 million in aid to help recovery efforts from hurricanes Helene and Milton. Mr. Biden has asked Congress to return ...Top stories - CBS News - October 13 -
Biden Announces $425 Million in Aid to Ukraine
President Biden spoke by telephone to President Volodymyr Zelensky of Ukraine about the security package, which includes munitions, armored vehicles and other weapons.Top stories - The New York Times - October 16 -
Outrider, a Self-Driving Truck Startup, Raises $62 Million
The Colorado company got backing from the VC arm of Koch Industries, as well as Nvidia, New Enterprise Associates, and Prologis’ venture unit.Business - Inc. - October 24 -
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Biden administration announces $2 billion in funds to strengthen electric grid
The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...Politics - The Hill - October 18 -
How this money manager’s one-of-a-kind fund beats the market without Nvidia and other tech stocks
Cambria Investment’s Faber tells MarketWatch how he makes shareholders money by owning high-quality, dividend-paying stocks that most investors overlook.Business - MarketWatch - October 19 -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - 6 days ago -
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.Business - MarketWatch - 6 days ago -
New York semiconductor site picked for $825 million in funding
U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centersTech - ABC News - 5 days ago -
Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in ...Tech - ABC News - 3 days ago -
Biden announces more than $600 million for Milton recovery
President Biden gave remarks in a St. Pete Beach neighborhood damaged by the storm.Top stories - CBS News - October 14 -
US government announces $861 million for two solar farms in Puerto Rico
The U.S. Department of Energy has announced an $861 million loan guarantee to build two solar photovoltaic farms in Puerto Rico as persistent power outages plague the U.S. territoryWorld - ABC News - October 16 -
Biden announces $425 million security aid package for Ukraine
President Biden on Wednesday discussed U.S. support for Ukraine in its defense against Russian aggression during a call with Ukrainian President Volodymyr Zelensky and announced a new $425 million ...Politics - The Hill - October 16 -
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Ace Flagg, twin brother of Duke star Cooper Flagg, announces he's 'coming home' with college commitment
Ace Flagg is a 6-foot-7 forward in the 2025 recruiting classSports - CBS Sports - 6 days ago -
Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space
The massive banks of computers needed to power artificial intelligence apps require huge amounts of electricity on Earth. Lumen Orbit wants to send them into the heavens instead.Business - Inc. - October 25 -
This Robotics AI ‘Brain’ Startup Just Raised $400 Million From Jeff Bezos, OpenAI, and Others
Physical Intelligence, now valued at about $2 billion, aims to create AI models that can power robots.Business - Inc. - 19 hours ago -
Telecom exec pleads guilty to stealing $100 million from fraud-plagued government program
Issa Asad admitted to submitting phony customer data for years to Lifeline, an FCC program providing discounted telephone and internet service to low-income Americans,Business - MarketWatch - October 16 -
French President Emmanuel Macron says France will provide “massive” 100 million euro aid package to support Lebanon
French President Emmanuel Macron says France will provide “massive” 100 million euro aid package to support LebanonWorld - ABC News - October 24 -
Operator of ship in Baltimore bridge collapse will pay $100 million settlement, DOJ says
Nearly seven months after the Francis Scott Key Bridge in Maryland was struck by a shipping vessel and collapsed, the U.S.Top stories - NBC News - October 24 -
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The Day Before Dev's Kickstarter Canceled After Minimal Funding, Announces New Project
Fntastic, the developer behind the troubled game The Day Before , has canceled its Kickstarter campaign for Escape Factory due to a lack of interest. The game, which aimed to deliver a ...Tech - GameSpot - October 23 -
Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform
At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.Business - CNBC - 6 days ago -
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by Horizon Robotics.Tech - The Wall Street Journal - October 15