Perplexity said to submit bid to merge with TikTok’s US unit
Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create a new entity, ...
How $TRUMP coin added $7 billion to Donald Trump's wealth overnight
While crypto watchers lauded the business savvy and market watchdogs raised alarm over another breach in conflict of interest, US President-elect Donald Trump and his family drew a pretty $7.18 ...
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, ...
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Bank of Japan Is Set to Raise Interest Rates, Trump Permitting
Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a ...
HPE may have been beaten Supermicro and Dell to win a $1bn AI contract, but it's not for the Colossus supercomputer
The rising demand for computing power to support AI workloads has fueled rapid growth in the market for high-powered servers.
Who pays for the presidential inauguration? These are some of the major donors
The fundraising for the inauguration of President-elect Donald Trump has beaten all records, gathering an unprecedented $170 ...
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
OpenAI, valued at $157 billion, isn't profitable. Should that be normal?
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk ...
Bulls vs. Bears: Intel revisited amid buyout rumors
Intel (NASDAQ:INTC) shares closed ~12% higher this week as the semiconductor giant attracted fresh M&A chatter after the ...