Enterprise

Microsoft Investment In Mistral AI Prompts EU Scrutiny Calls

European lawmakers call for investigation after Microsoft this week made small investment in French startup Mistral AI

2 days ago

US SEC Investigates If OpenAI Investors Were Misled – Report

Financial regulator examines internal comms of CEO Sam Altman, after his shock firing for not being “consistently candid in communications”

2 days ago

Bitcoin Pushes Past $60,000, In First Time Since November 2021

Going up. Bitcoin surges past $60,000 on Wednesday, reportedly driven by huge inflows into the US-based spot ETFs

3 days ago

President Biden To Plug US Data Transfers To China, Russia Etc

US President issues executive order to protect Americans’ sensitive personal data from being transferred to hostile nation states

3 days ago

Lawyer For Bankman-Fried Urges Judge Not To Impose 100-Year Sentence

Sam Bankman-Fried’s lawyer asks US judge to reject 100-year recommended prison sentence for disgraced FTX co-founder

3 days ago

Google Pay To Close In US, To ‘Simplify’ Payment Apps

Mobile payments service from Google to be changed again, with shuttering of standalone Google Pay app in the US

4 days ago

Terra’s Do Kwon To Miss Start Of SEC Trial In US

US lawyer for disgraced cryptocurrency tycoon Do Kwon admits his client will likely miss start of SEC fraud trial

4 days ago

Nvidia Briefly Surpasses $2tn Valuation On AI Demand

Investors drive Nvidia shares briefly over $2tn after company reveals staggering financial benefits from AI boom

5 days ago

Nvidia Nears $2 Trillion Value, As AI Boosts Profits, Sales

Financial results surpass Wall Street expectations and drive Nvidia's market value close to the $ 2 trillion mark

1 week ago

Terra’s Do Kwon Should Be Extradited to US, Montenegro Court Rules

Court in Montenegro rules disgraced cryptocurrency tycoon Do Kwon should be extradited to US, not South Korea

1 week ago

BT Tower In London Sold, And Will Become Luxury Hotel

Landmark BT Tower in central London to become a luxury hotel, after it is sold for £275m to US hotel…

1 week ago

First Neuralink Patient ‘Controls Mouse With Thoughts’

First human recipient of Neuralink brain implant can 'control a computer mouse with their thoughts', as company begins trials

2 weeks ago

China’s JD.com Considers Bid For UK Retailer Currys

Currys may be focus of bidding war after rejected bid by US investment firm Elliott as e-commerce giant JD.com considers…

2 weeks ago

Microsoft To Invest €3.2 billion In Germany, Mirroring UK Investment

Microsoft confirms it will invest 3.2 billion euros in Germany for AI and data centres, in welcome move amid a…

2 weeks ago

Cisco Confirms It Will Cut More Than 4,000 Jobs

Bad news confirmed for employees at Cisco, after business confirms that more than 4,000 jobs are to be axed

2 weeks ago

Musk Confirms SpaceX Incorporation Moved From Delaware To Texas

After Delaware judge vetoed Elon Musk's $56 billion pay package, billionaire moves SpaceX incorporation to Texas

2 weeks ago

Bitcoin Rise Sees Market Cap Cross $1 Trillion

Value of all bitcoin in circulation, or market cap, on Wednesday rose above $1 trillion mark for first time since…

2 weeks ago

Nvidia Now Worth More Than Amazon, Amid AI Chip Demand

Nvidia now worth more than the e-commerce and cloud giant Amazon, thanks to ongoing industry demand for AI chips

2 weeks ago

ARM Shares Nearly Double Amid AI Surge

Shares in ARM Holdings have exploded over the past week, after an optimist forecast almost doubled its share price

3 weeks ago

OpenAI’s Sam Altman Seeks Trillions To Overhaul Chip Industry – Report

Sam Altman reportedly seeking between $5 and $7 trillion to overhaul semiconductor industry to remove AI chip limitations

3 weeks ago

Jeff Bezos Offloads $2 Billion Worth Of Amazon Shares

Not enough yachts? Amazon founder Jeff Bezos sells 12 million shares for $2bn, after relocating to tax friendly Florida

3 weeks ago

Elon Musk Ordered To Testify In SEC Twitter Takeover Probe

SEC doubles down and orders Elon Musk to testify again, for investigation of his $44 billion Twitter purchase

3 weeks ago

Disney To Take $1.5 Billion Equity Stake In Epic Games

Disney to collaborate with Epic Games on new content, and will sink a $1.5bn investment into the gaming giant

3 weeks ago

Hacking Victims Paid $1.1bn In Ransoms Last Year

Chainalysis report finds ransomware victims paid cybercriminals a record $1.1 billion in cryptocurrency in 2023

3 weeks ago

UK Government To Fund Two Semiconductor Research Hubs

Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market

3 weeks ago

TSMC To Build Second Factory In Japan

World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota

3 weeks ago

UK EV Maker Arrival Collapses Into Administration

British electric vehicle start-up Arrival enters administration three years after being valued at $15bn, with 170 jobs at risk

4 weeks ago

Yandex Parent To Sell Russian Operations

Parent company of major Russian search engine Yandex to divest Russian operations as it refocuses amidst Ukraine conflict

4 weeks ago

Meta Pleases As ‘Year Of Efficiency’ Pays Off With FY23 Results

Mark Zuckerberg and his “year of efficiency” pledge made in Feb 2023, has been viewed as successful by investors

4 weeks ago