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How Scale AI's $13.8B valuation from May 2024's $1B funding round is almost certainly too high, given below-average margins, a reliance on f | 0 user ratings | 2024-07-09 08:05:50 By: milo |
Sources: HongShan, formerly Sequoia China, raised a $2.5B fund; the new RMB fund can more easily invest in sensitive tech than its prior $9B fund rais | 0 user ratings | 2024-07-09 00:20:35 By: milo |
New York-based Hebbia, which uses AI to help companies sift through documents, raised $130M led by a16z, a source says at a $700M post-money valuatio | 0 user ratings | 2024-07-08 12:37:33 By: milo |
The National Samsung Electronics Union goes on a three-day strike for better pay; analysts say the strike is unlikely to have an impact due to low par | 0 user ratings | 2024-07-08 08:25:51 By: milo |
The National Samsung Electronics Union goes on a three-day strike for better pay; analysts: the strike is unlikely to have an impact due to low partic | 0 user ratings | 2024-07-08 04:24:50 By: milo |
AI industry needs to earn $600 billion per year to pay for massive hardware spend - fears of an AI bubble intensify in wake of Sequoia report (Anton S | 0 user ratings | 2024-07-08 01:07:03 By: milo |
Preqin: China accounted for 90% of global semiconductor VC funding in 2023, with $22.2B and up from $9.5B in 2022; the funding slowed to just $1.6B in | 0 user ratings | 2024-07-06 04:17:14 By: milo |
French AI research lab Kyutai, which launched in November with €300M in funding and is backed by billionaire Xavier Niel, demos its AI voice | 0 user ratings | 2024-07-06 03:55:56 By: milo |
SemiAnalysis: Nvidia is set to sell $12B worth of H20 chips, or 1M+ units, in China in 2024; Huawei expects to sell 550K units of its Ascend 910B chi | 0 user ratings | 2024-07-05 22:05:51 By: milo |
Samsung estimates Q2 operating profit up 1,452% YoY to $7.54B, and revenue up 23% YoY to $53.7B, as chip prices keep rising from a mid-2022 to end-2 | 0 user ratings | 2024-07-05 20:29:36 By: milo |
Dollar at three-week lows; pound takes UK election in stride By Reuters - Investing.com | 0 user ratings | 2024-07-05 19:13:31 By: milo |
EU Opens Applications for Cybersecurity and Digital Skills Funding | 0 user ratings | 2024-07-05 10:22:17 By: milo |
Samsung estimates Q2 operating profit up 1,452% YoY to $7.54B, and revenue up 23% YoY to $53.7B, as chip prices keep rising (Reuters) | 0 user ratings | 2024-07-05 01:17:48 By: milo |
Microsoft-owned Mojang is exploring deals in areas like merchandising, education, and streaming, on top of movies and TV series, as gaming sector grow | 0 user ratings | 2024-07-04 22:04:03 By: milo |
SemiAnalysis: Nvidia is set to sell $12B worth of H20 chips in China in 2024, or 1M+ units; Huawei expects to sell 550,000 units of Ascend 910B chips | 0 user ratings | 2024-07-04 19:54:38 By: milo |
Canada authorizes the implementation of a 3% levy on revenue from large tech companies that provide digital services to, or sell data of, Canadian use | 0 user ratings | 2024-07-04 14:56:04 By: milo |
ElevenLabs will use AI-generated voices of dead actors like Judy Garland and Burt Reynolds in its Reader app, after striking deals with the actors&apo | 0 user ratings | 2024-07-04 14:56:03 By: milo |
OpenText plans to lay off 1,200 staff and add 800 positions, resulting in a 1.7% workforce reduction and expecting to cut annual expenses by CA$150M | 0 user ratings | 2024-07-04 14:21:57 By: milo |
A look at the inaugural Esports World Cup, a multi-genre tournament in Riyadh funded by Saudi Arabia, featuring 1,500+ gamers and a record $60M+ prize | 0 user ratings | 2024-07-04 11:27:45 By: milo |
A look at a16z's Crypto Startup Accelerator, a Y Combinator-style program that provides $500K in funding and 10 weeks of coaching, most recently | 0 user ratings | 2024-07-04 10:42:45 By: milo |
ETF Talk: HACKing Better Profits with a Cybersecurity ETF - Stock Investor | 0 user ratings | 2024-07-04 09:02:27 By: milo |
Gen Z-focused social media app noplace, backed by Alexis Ohanian's 776 and others, tops the US iOS App Store, and raised a $15M Series A1 at a $7 | 0 user ratings | 2024-07-04 08:20:39 By: milo |
OpenText plans to lay off 1,200 staff and add 800 positions, resulting in a 1.7% workforce reduction, and expects to reduce annual expenses by CA$150 | 0 user ratings | 2024-07-04 08:20:38 By: milo |
OpenText to lay off 1,200 employees and add 800 positions, resulting in a 1.7% reduction in workforce, and expects to reduce annual expenses by CA$15 | 0 user ratings | 2024-07-04 05:35:55 By: milo |
OpenText announces plans to cut 1,200 jobs and add 800 jobs, a 1.7% reduction of its workforce, and expects to reduce its annual expenses by CA$150M | 0 user ratings | 2024-07-04 04:23:08 By: milo |