In a recent Oval Office press conference, President Donald Trump signaled that major tech firms in the artificial intelligence field will soon come up with a plan to “return” to the public. The president did not give specifics about either legislation or finances but his language clearly indicated that he was considering the U.S. government …
When Elon Musk’s SpaceX finally goes public with a record-breaking $75 billion IPO, the ripple effects may hit cryptocurrency investors harder than most expect. Set to debut on Nasdaq this Friday, the rocket and satellite communications company—which recently merged with Musk’s AI startup xAI—is chasing a staggering $1.75 trillion valuation. I have watched this pattern …
As SpaceX prepares for its long-anticipated initial public offering (IPO), Elon Musk took an active step to disclose one of the most ambitious long-term wagers the company has placed in order to prevent confusion.As SpaceX nears the highly anticipated initial public offering (IPO), the company's founder and CEO Elon Musk has made a proactive move …
In a significant escalation of the long-running legal battle between Big Tech and the mercenary surveillance industry, Meta Platforms has moved to hold the Israeli spyware manufacturer NSO Group in contempt of court. The social media giant announced on Monday that it is filing a federal court contempt order against the company, arguing that NSO …
Panasonic Holdings has officially confirmed that it will begin mass producing battery cells specifically designed for data centre applications at its Kansas plant in the United States by the 2028 fiscal year, which ends in March 2029. This move marks a significant strategic shift for the Japanese electronics giant as it pivots more aggressively toward …
OpenAI will introduce the largest change in ChatGPT's existence, with the intention of turning the widely-used chatbot into a “superapp” that industry observers say is the most transformative shift in the history of the program. The company will add more advanced coding tools and artificial intelligence agents to ChatGPT to boost revenue in preparation for …
The news comes in a routine but closely monitored regulatory filing, led by Capital Group Investment Management PTE. LTD. disclosed that it sold four percent of its holdings in the company Tesla, Inc. in the Q4. The firm sold 1,996 shares, bringing its holdings of the EV maker to 65,579 shares. The other stake, the …
The company has a major leadership change as it officially names longtime lead independent director Jay Hoag as chairman of the board. He takes over from Reed Hastings, the co-founder who turned the business, a DVD-by-mail rental service, into one of the world's most powerful streaming services. The change came into effect on the day …
The tech industry has given SpaceX a new media thumbs up just days before the company's much-anticipated debut on the US stock market. The company announced on Friday that it has signed a multi-year contract to supply Alphabet's Google with a continuous supply of computing power that will power everything from the use of its …
China is making another significant leap forward in its aim of fusing technology with political education. Today, China is spending vast sums on artificial intelligence to help promote and spread the ideas of President Xi Jinping, as Beijing's overall strategy is to leverage high-tech means to advance communication, education, and public engagement of state policies …
Attorney General Rob Bonta is poised to make a decision soon on whether to formally oppose Paramount's proposed $110 billion acquisition of Warner Bros. In an exclusive talk with Reuters, Bonta said he was operating against a “ticking clock” and that the objections of industry employees added “even more red flags” to the issue of …
SpaceX has already determined its IPO price at a hundred thirty five dollars per share, a week early. This is virtually unheard of for those who have watched Wall Street's dance around pricing an IPO. Typically, the price comes after hours-long talks with underwriters and institutional investors, but Elon Musk's rocket company has announced it …
Meta Platforms officially kicked off its enterprise artificial intelligence efforts on Wednesday with a new business agent to assist companies in managing daily business operations directly within WhatsApp, Messenger, and Instagram. The announcement was made during the company's recent WhatsApp-centric “Conversations” event in London, where Meta unveiled the new AI assistant, which will be used …
Tesla officially announced the new addition of its unsupervised robotaxi service across the entire Austin Metro area in Texas, a move in a stride that will help the company towards commercially viable autonomous ride hailing services. The electric vehicle company, which has been gradually moving towards a new AI and robotics strategy, officially announced the …
