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French genAI startup LightOn rises on market debut
27 Nov 2024

French genAI startup LightOn rises on market debut

Shares of LightOn, Europe’s first listed genAI startup, rose as much as 9% on their debut on the Euronext Growth market in Paris on Tuesday.
Pony AI's $260 million IPO gauges U.S. investor appetite for Chinese firms

Pony AI's $260 million IPO gauges U.S. investor appetite for Chinese firms

27 Nov 2024
China’s Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, valuing the robotaxi startup at around $4.55 billion, the latest to bank on improved investor sentiment in U.S. markets. 
Huawei launches Mate 70 smartphone as new US chip curbs loom

Huawei launches Mate 70 smartphone as new US chip curbs loom

26 Nov 2024
Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, marking a significant step in its premium smartphone comeback while showcasing its own operating system in a clean break away from U.S. technology.
Google proposes fresh tweaks to search results in Europe

Google proposes fresh tweaks to search results in Europe

26 Nov 2024
Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic to their sites resulting from previous tweaks by the Alphabet unit and as EU antitrust regulators consider levying charges against the company under new EU tech rules.
How AI and cloud computing may delay the transition to clean energy

How AI and cloud computing may delay the transition to clean energy

22 Nov 2024
A spike in electricity demand from the world’s big data providers is raising a worrying possibility for the world’s climate: a near-term surge in fossil-fuel use.
Nvidia's AI chip demand still booming but slowing sales growth worries investors
22 Nov 2024

Nvidia's AI chip demand still booming but slowing sales growth worries investors

Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world’s most valuable firm.
Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say

Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say

21 Nov 2024
China’s Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025, even as it struggles to make enough chips due to U.S. restrictions, said two people familiar with the matter.
US watchdog issues final rule to supervise Big Tech payments, digital wallets

US watchdog issues final rule to supervise Big Tech payments, digital wallets

21 Nov 2024
Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision, the U.S. Consumer Financial Protection Bureau said.
AI Talk: Leading the rollout of AI tools across your organisation

AI Talk: Leading the rollout of AI tools across your organisation

20 Nov 2024
From prioritizing use cases to fostering cross-departmental collaboration, learn how to build a roadmap for AI deployment that drives value, empowers employees, and ensures compliance.
Santander launches fintech in Mexico to expand digital services

Santander launches fintech in Mexico to expand digital services

20 Nov 2024
Spanish banking giant Santander started rolling out its digital Openbank in Mexico on Tuesday, including a website and smartphone app.
STMicroelectronics delays long-term targets to 2030
20 Nov 2024

STMicroelectronics delays long-term targets to 2030

STMicroelectronics (ST) pushed back its long-term financial forecasts on Wednesday, following three guidance cuts this year, amid a slump in markets for the industrial and automotive chips it makes.
Roblox taps former Roku executive Parampath to aid advertising push

Roblox taps former Roku executive Parampath to aid advertising push

19 Nov 2024
Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.
Stellantis unveils technology to support flexible EV production, delays Ram electric pickup

Stellantis unveils technology to support flexible EV production, delays Ram electric pickup

19 Nov 2024
Stellantis said on Tuesday it will deploy a new vehicle system that will support assembly of gasoline, hybrid and electric models, but in a sign of how turbulent the electric-vehicle transition is, the automaker also delayed production of Ram electric pickup trucks. 
OpenAI and rivals seek new path to smarter AI as current methods hit limitations

OpenAI and rivals seek new path to smarter AI as current methods hit limitations

18 Nov 2024
Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges in the pursuit of ever-bigger large language models by developing training techniques that use more human-like ways for algorithms to "think".
Palantir shares rally to fresh record on plans for move to Nasdaq

Palantir shares rally to fresh record on plans for move to Nasdaq

18 Nov 2024
Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record high, after it announced late on Thursday that it would list on the Nasdaq and expects eligibility to join the Nasdaq 100 index.

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