Tag: Breaking News: Technology

Intel Reveals Latest AI Chips in Bid to Compete with Nvidia and AMD

Intel has recently made a major announcement in the tech industry, revealing new artificial intelligence chips designed for data centers. This move positions Intel to compete with industry rivals such as Nvidia and AMD, who have also unveiled new AI chips in recent days. The new Xeon 6 processor from Intel promises improved performance and […]

DC settles case with Bitcoin billionaire Michael Saylor

Billionaire bitcoin investor Michael Saylor and his company MicroStrategy have agreed to pay $40 million to settle a tax fraud lawsuit brought by the Washington, D.C., attorney general. The lawsuit alleged that Saylor evaded over $25 million in District of Columbia income taxes by posing as a resident of lower-tax states like Florida and Virginia. […]

Nvidia Introduces Latest AI Chips Amid Intensifying Market Competition

Nvidia Unveils Next Generation AI Chips to Stay Ahead of Competition At the forefront of artificial intelligence chip development, Nvidia has once again raised the bar with the introduction of its latest AI chip architecture, dubbed “Rubin.” This announcement comes just months after the unveiling of the upcoming “Blackwell” model, demonstrating Nvidia’s commitment to rapid […]

Former Binance CEO Changpeng Zhao starts serving prison term in California

Former Binance CEO Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. After pleading guilty to charges of enabling money laundering at his crypto exchange, Zhao was sentenced to four months in prison in April. This sentence was shorter than the three years that federal prosecutors had sought, with the defense requesting […]

Q1 2025 Salesforce (CRM) Earnings Report

Salesforce, a leading cloud software vendor, saw its shares drop by as much as 17% in after-hours trading following disappointing revenue results and guidance that fell short of Wall Street’s expectations. The company reported earnings per share of $2.44 (adjusted) versus the expected $2.38, and revenue of $9.13 billion compared to the expected $9.17 billion. […]

T-Mobile set to purchase majority of U.S. Cellular for $4.4 billion; U.S. Cellular stocks spike

T-Mobile’s recent announcement of its plans to acquire U.S. Cellular in a deal worth $4.4 billion has sparked a 6% surge in U.S. Cellular’s stock price. This acquisition will involve the transfer of the wireless operator’s stores, spectrum assets, and customers to T-Mobile, with up to $2 billion of debt included in the deal. According […]

Digital health companies are introducing initiatives focused on GLP-1s

In recent years, the demand for GLP-1s, a class of obesity treatments, has surged, leading to the development of various programs and services to support users. Companies like Ro, Calibrate, WeightWatchers, Hims & Hers, and others have capitalized on this trend by offering comprehensive programs for patients on GLP-1s. These programs provide access to medications […]

The Precision Neuroscience competitor challenging Neuralink through human brain implant testing

In a groundbreaking surgery at The Mount Sinai Hospital in New York City, Dr. Joshua Bederson, system chair for the Department of Neurosurgery at Mount Sinai Health System, made medical history by placing Precision Neuroscience’s electrodes onto a patient’s brain. The procedure, which involved removing a benign brain tumor called meningioma, not only highlighted Bederson’s […]

Google’s AI Overview receives criticism for making nonsensical and inaccurate mistakes

Google’s new “AI Overview” feature in Google Search has come under fire for providing inaccurate and nonsensical results to user queries. This AI tool, designed to give quick summaries of answers at the top of search results, has faced criticism for attributing incorrect information, making up responses, and showing controversial suggestions. As companies like Google, […]

AI presents crossroads for new Amazon cloud boss Matt Garman

The recent shake-up at Amazon Web Services (AWS) has left many in the tech industry wondering about the company’s future in generative artificial intelligence. With the departure of CEO Adam Selipsky and the appointment of Matt Garman as his successor, the focus is on how AWS will compete in the emerging world of AI chatbots […]

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