Tag Archives: technology
AI startup Hugging Face valued at $4.5 billion in latest round of funding
(Reuters) - AI startup Hugging Face said on Thursday it was valued at $4.5 billion in a $235-million funding round backed by technology heavyweights, including Salesforce, Alphabet's Google and Nvidia...
Syndicated Content Aug 24, 2023
Warner Bros to launch CNN Max news streaming service in US
By Dawn Chmielewski and Helen Coster (Reuters) -Warner Bros Discovery said on Thursday it was adding a new offering to its Max streaming platform, a round-the-clock news service called CNN Max, in the...
Syndicated Content Aug 24, 2023
Nvidia short sellers lose $826 million as stock jumps after strong forecast
(Reuters) - Investors with short position on Nvidia lost $826 million in mark-to-market losses on Thursday, data from analytics firm S3 Partners showed, as the world's largest chipmaker's shares surge...
Syndicated Content Aug 24, 2023
Meta to launch AI model for writing computer codes
(Reuters) - Meta Platforms on Thursday said it would release an artificial intelligence (AI) model designed to assist in writing computer code, furthering its push into the new technology. Code Llama,...
Syndicated Content Aug 24, 2023
Waystar confidentially files for US IPO
(Reuters) - Waystar Holding, the parent company of a healthcare payments technology firm, said on Thursday it had confidentially filed for an initial public offering (IPO) in the United States. The an...
Syndicated Content Aug 24, 2023
Citi buys stake in Peruvian foreign exchange fintech
By Tatiana Bautzer NEW YORK (Reuters) - Citigroup has acquired a stake in Peruvian foreign exchange startup Rextie, its first fintech investment in Latin America. Terms of the deal were not disclosed,...
Syndicated Content Aug 24, 2023
Britain will host AI summit at World War Two code-breaking centre
LONDON (Reuters) - Britain will host a global summit on artificial intelligence at the old home of Britain's World War Two codebreakers in November as Prime Minister Rishi Sunak pitches Britain as glo...
Syndicated Content Aug 24, 2023
Xpeng’s former autonomous driving head joins Nvidia
SHANGHAI (Reuters) - The former vice president of autonomous driving at Chinese electric vehicle maker Xpeng, Wu Xinhou, is joining U.S. artificial intelligence giant Nvidia, he said on Thursday. Wu d...
Syndicated Content Aug 24, 2023
Bankrupt crypto exchange FTX picks Galaxy to manage its digital assets
(Reuters) - Bankrupt crypto exchange FTX has hired U.S. crypto firm Galaxy as an advisor to help hedge and sell its crypto holdings, according to court filings made late on Wednesday. Hedging of bitco...
Syndicated Content Aug 24, 2023
Google vows more transparency on ads as new EU rules kick in
By Foo Yun Chee BRUSSELS (Reuters) - Google will provide more information on targeted advertisements and give researchers more access to data on how its products work, to comply with landmark European...
Syndicated Content Aug 24, 2023

