In the ever-evolving tech landscape, the race to capitalize on artificial intelligence (AI) advancements has entered a new chapter with the impending Initial Public Offering (IPO) of Cerebras Systems. As the first major venture-backed tech company attempting to enter the public market in the U.S. since April, Cerebras is determined to leverage the soaring interest
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In the rapidly evolving landscape of artificial intelligence (AI), CoreWeave is establishing itself as a formidable player. Recently, this Nvidia-backed startup announced a substantial $650 million credit line intended to propel its growth and enhance its data center capabilities. This announcement follows an impressive trajectory of financial gains, with CoreWeave securing approximately $12.7 billion from
In a significant development for both mobile gaming enthusiasts and the broader tech landscape, Microsoft announced that starting in November, users can purchase and play video games directly through its Xbox app on Android devices. This decision follows a favorable ruling from a U.S. judge mandating that Google must allow alternatives to its Google Play
Grabango, a once-promising startup in the realm of cashierless checkout solutions, recently shuttered its operations after failing to secure the necessary funding to continue viable business practices. The company, founded in 2016 in Berkeley, California, aimed to revolutionize the shopping experience by deploying advanced technologies like machine learning and computer vision. These tools were designed
After a prolonged legal tussle, Elon Musk’s social media platform, X, is returning to the Brazilian online ecosystem, much to the relief of its users. The reactivation follows a decisive ruling from Brazil’s Supreme Court, enabling the platform to once again function within the country’s borders. X expressed its commitment to Brazilian users through a
The tumultuous saga of FTX, once a shining star in the cryptocurrency realm, took a dramatic turn nearly two years ago when it declared bankruptcy, sending shockwaves through the financial landscape. Recently, a judge in Delaware sanctioned a comprehensive reorganization plan that promises to restore over $14 billion to the affected customers of the now-defunct
The real estate sector has often been labeled as traditional and slow to adapt to modern technologies. However, the advent of artificial intelligence (AI) is ushering in a new era that is reshaping how transactions occur and how agents operate. This transformation is not simply about enhanced tools; it is about a fundamental shift in
As Apple steps into the burgeoning field of artificial intelligence (AI), the tech giant is banking on a significant competitive edge: a vast network of 34 million app developers. This strategic maneuver aims to leverage the capabilities of Apple Intelligence, a newly announced AI system set to debut alongside the highly anticipated iPhone 16. While
In a remarkable turn of events, Ben Horowitz, co-founder of the influential venture capital firm Andreessen Horowitz, has made headlines with his recent political donation to Vice President Kamala Harris’ campaign. Just months after publicly announcing support for Donald Trump’s bid for the presidency, Horowitz’s pivot signifies not only a personal choice but also a
Ubisoft, a prominent player in the global video game industry, has recently been under intense scrutiny following a dramatic surge in its stock, which jumped over 30% in a single trading day. This uptick was primarily fueled by reports suggesting that Tencent, a Chinese tech behemoth, may be considering a buyout of the company in