Dario Amodei, co-founder of Anthropic, arrived at the White House for a meeting on artificial intelligence with Vice President Kamala Harris. This meeting marked the entry of Anthropic into the AI arms race. While OpenAI and Google are competing to develop advanced chatbots powered by generative AI, Anthropic is investing heavily to stay competitive. After …
Rohit Sipahimalani, chief investment officer of Temasek Holdings Pte, spoke during a news conference in Singapore on Tuesday, July 11, 2023. Ore Huiying | Bloomberg | Getty Images Singapore’s sovereign wealth fund Temasek does not currently plan to invest in crypto companies due to the regulatory uncertainty in the sector, according to its chief investment …
Microsoft CEO Satya Nadella arrives at court in San Francisco, June 28, 2023. Philip Pacheco | Bloomberg | Getty Images Microsoft confirmed Monday that it is reducing its workforce, following a downsizing announcement in January and a small number of cuts last year. According to a report by GeekWire, the latest round of cuts mainly …
Astra CEO Chris Kemp delivers a speech at the company’s headquarters during its Spacetech Day on May 12, 2022. Image credit: Brady Kenniston / Astra Astra, a spacecraft engine manufacturer and small rocket builder, has announced its plans to conduct a reverse stock split at a ratio of 1 to 15, according to a securities …
NEWPORT, WALES – British Finance Minister Jeremy Hunt attends the Welsh Conservative Party Spring Conference 2023 on April 28, 2023 in Newport, Wales. Matthew Horwood | Getty Images News | Getty Images Britain has unveiled a plan to unlock billions of pounds from pension funds for investment in early-stage firms. The move aims to boost …
Every weekday, the CNBC Investing Club hosted by Jim Cramer presents a “Morning Meeting” livestream at 10:20 a.m. ET. Let’s recap the key moments from Monday’s session. 1. Earnings and Inflation: U.S. stocks experienced a slight uptick on Monday, with the Dow gaining over 150 points. This rally came after a challenging week for major …
In this photo illustration, the Threads logo by META is displayed on a smartphone with Twitter logo in the background. Threads is the new social network from Meta Platforms which was launched on the 5th of July 2023. Omar Marques | Lightrocket | Getty Images User traffic on Twitter has decreased since the introduction of …
Alibaba’s shares listed on the Hong Kong stock exchange experienced a significant 4% increase on Monday morning. This positive movement suggests a positive outlook for the company. The surge in share value comes after Alibaba announced a major restructuring of its businesses in March. Some analysts speculate that this restructuring could indicate a potential loosening …
Volkswagen Group of America (VWGoA) is set to launch its inaugural autonomous vehicle test program in Austin starting in July 2023. Image courtesy: Volkswagen AG Volkswagen announced on Thursday its plans to commence trials of self-driving electric vehicles in Austin, Texas later this month. The German automaker intends to deploy approximately 10 autonomous ID Buzz …
Investors may benefit from sticking with current market trends. Experts in the field of Exchange-Traded Funds (ETFs), Todd Sohn and Dave Nadig from VettaFi, predict a prosperous second half for technology and artificial intelligence investments. Sohn, a strategist specializing in ETFs and technical analysis at Strategas, expresses enthusiasm for Roundhill Generative AI and Technology ETF …