Latest in It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype
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It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype
Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite "nuts" funding rounds for AI firms like OpenAI.Business - CNBC - 13 hours ago -
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.Business - CNBC - October 16 -
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 -
Liquid AI Is Redesigning the Neural Network
Inspired by microscopic worms, Liquid AI’s founders developed a more adaptive, less energy-hungry kind of neural network. Now the MIT spin-off is revealing several new ultraefficient models.Tech - Wired - October 23 -
Hong Kong’s IPO market could benefit from robo-vehicle boom
If Horizon reaches its $696mn target, it would be the city’s largest initial public offering this yearWorld - Financial Times - October 16 -
Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
Tech giants are investing in the development of "sovereign" AI models in Europe to reduce the region's dependence on largely U.S.-controlled infrastructure.Business - CNBC - 7 hours ago -
Ways to target – or avoid — Big Tech and megacap stocks via ETFs amid AI frenzy
“The shape of the U.S. equity market has undergone a massive change over just the last few years,” says BlackRock’s Rachel Aguirre.Business - MarketWatch - October 24 -
Illegal border crossings remain low amid concerns that election could end lull
The last time monthly apprehensions were lower than the levels seen in the past four months was four years ago, in September 2020.Top stories - CBS News - November 1 -
Nut bans unlikely to help allergic air passengers, say specialists
The real danger comes from passengers on previous flights leaving peanut residue on seats, a review says.Top stories - BBC News - October 16 -
Chinese EV and self-driving tech companies turn to IPOs for cash
Funding has been drying up for car start-ups in fiercely competitive domestic marketWorld - Financial Times - October 24 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.Top stories - NBC News - October 31 -
UK graduates face tough jobs market as AI transforms recruitment
Fierce competition for roles has been sharpest in highly paid sectors such as IT and consultingBusiness - Financial Times - October 16 -
Be mean to me, ChatGPT: People are turning to AI chatbots for 'tough love' and motivation
People are asking ChatGPT for tough love to motivate them to be productive. Here's what a clinical psychologist says about the tactic.Business - CNBC - October 25 -
Trump says it’s ‘tough’ for Republicans to win the popular vote
Former President Trump argued that Republicans winning the popular vote is “tough” because of Democratic strength in certain strongholds ahead of Election Day on Tuesday. Trump said at a rally in ...Politics - The Hill - November 2 -
U.S. to Curb AI Investment in China Soon
Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.Business - Inc. - October 22 -
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US cements rule to limit high-tech investments to China
The Treasury Department cemented a final rule on Monday that limits those in the United States from investing in certain technologies to China that could bolster the nation's military and threaten ...Politics - The Hill - October 28 -
Miami learns a tough lesson at Georgia Tech: What happens when Cam Ward's heroics aren't enough?
Cam Ward's excellence has masked many deficiencies when it comes to the Hurricanes' title pursuitSports - CBS Sports - 5 days ago -
Australia to invest $12bn in missile manufacturing amid China’s rise
Canberra has prioritised domestic capabilities in defence strategy overhaul to meet ‘missile age’World - Financial Times - October 30 -
Los Angeles D.A.’s Move in Menendez Brothers Case Comes Amid Tough Re-election Bid
The review of the high-profile murder case by George Gascón’s office began more than a year ago. But critics say the timing of the decision was political.Top stories - The New York Times - October 25 -
U.S. proposals to curb AI, semiconductor investment into China under final review
The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.Business - CNBC - October 22 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - October 30 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
The show’s not over: 2024 sees big boost to AI investment
AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.Tech - VentureBeat - November 1 -
AI is changing our money and investing habits — and it’s just the beginning
Financial markets will need much stronger firewalls if regulators hope to control AI’s impact.Business - MarketWatch - Yesterday -
McConnell called Trump 'stupid' and 'despicable' in private after the 2020 election, a new book says
Senate Republican leader Mitch McConnell said after the 2020 election that then-President Donald Trump was “stupid as well as being ill-tempered” and a “despicable human being."Entertainment - ABC News - October 17 -
I'm not stupid, I've chosen to speak, says catfish victim duped for nine years
Kirat Assi was the victim of an elaborate catfish which lasted almost nine years.Top stories - BBC News - October 20 -
Knicks' Josh Hart says discourse about Mikal Bridges' shot is 'stupid' -- but there's only one way to end it
Bridges said that, once he made his first 3 on Tuesday in his Knicks debut, it was 'like letting the lid off'Sports - CBS Sports - October 23 -
Microsoft Was "Stupid" To Close Arkane Austin And Lose Its Dream Team, Arkane Founder Says
Arkane founder Raphael Colantonio has commented on Microsoft shutting down Arkane Austin earlier this year , a decision the WolfEye Studios boss has labeled a "dumb move" made by the company. ...Tech - GameSpot - October 31 -
Big Tech turns to nuclear energy to power AI boom
Major technology companies are increasingly turning to nuclear energy as they attempt to keep up with the vast energy demands of artificial intelligence (AI) without derailing their highly ...Politics - The Hill - October 16 -
Nuclear-Powered AI: Big Tech's Bold Solution or a Pipedream?
Amazon, Google and Microsoft are investing billions in nuclear power, but the projects are years away and rely on unproven technology.Tech - The Wall Street Journal - October 22 -
Tech giants press Congress to codify AI Safety Institute
A coalition of more than 60 tech companies and industry groups, including Amazon, Anthropic, Google, Meta, Microsoft and OpenAI, urged congressional leaders Tuesday to pass legislation permanently ...Politics - The Hill - October 22 -
WSJ Tech Live: Executives, Investors and Artists Debate AI's Potential
Andreessen Horowitz’s Martin Casado says tech policy is in a ‘dangerous place.’Tech - The Wall Street Journal - October 23 -
Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all reported strong quarterly growth in cloud revenue but warned of increased capital spending.Business - The Wall Street Journal - November 1 -
Wall Street frets over Big Tech’s $200bn AI spending splurge
The four biggest US internet groups this week showed glimpses of benefits but warned of increased spendingBusiness - Financial Times - November 1
