For a while, Inflection AI stood prominently among AI startups, often mentioned alongside industry giants like OpenAI and Anthropic. Founded by individuals from LinkedIn and Google’s DeepMind, Inflection had garnered $1.3 billion in funding from a prestigious lineup of investors, ...
Apple, Alphabet’s Google, and Meta Platforms will undergo scrutiny for potential violations of the EU’s newly implemented Digital Markets Act, European antitrust regulators declared on Monday, signaling possible substantial fines for these tech giants. The EU legislation, which took effect ...
Nissan has set ambitious targets for the coming years, aiming to boost vehicle sales by an additional 1 million units over the next three years and slash electric vehicle (EV) production costs by 30% by 2030, as announced by the ...
On Monday, Asia-Pacific markets predominantly trended lower as investors remained attentive to inflation data emanating from the region. Both Singapore and Malaysia showed inflation reports that surpassed expectations on Monday, contributing to market sentiment. Looking ahead, Australia is poised to ...
The U.S. Department of Justice (DoJ) has launched a significant antitrust lawsuit against Apple, representing a notable moment for the tech giant, which has previously avoided major antitrust scrutiny. The lawsuit alleges that Apple maintains a monopoly that stifles competition ...
For artificial intelligence powering chatbots like ChatGPT, China trails behind the United States. However, in cultivating the minds propelling a new wave of humanoid technologies, China is making significant strides ahead. Recent research indicates that China has, by certain metrics, ...
On March 22, 2024, the U.S. Department of Energy (DOE) presented a groundbreaking initiative aimed at supporting regions historically reliant on fossil fuels for energy. Through the Communities Local Energy Action Program (LEAP), the DOE is allocating $18 million toward ...
During the past summer, Canopy Growth faced considerable uncertainty regarding its survival. However, this week witnessed a remarkable upsurge in the stock of the Canadian cannabis company, soaring by approximately 114%. The significant boost came as Germany enacted legislation on ...
A report emphasizes that women born in the 1950s, affected by changes in the state pension age, are entitled to compensation, urging the government to take action. The proposed payout ranges between £1,000 and £2,950, though campaigners advocate for £10,000 ...
Nelson Peltz has garnered support from an influential shareholder advisory firm and a coalition of business leaders in his endeavor to secure a position on the board of entertainment giant Walt Disney Co. In a report released Thursday, Institutional Shareholder ...