Amazon to Invest $230 Million in AI Startups
Amazon has announced its intention to invest $230 million in the form of Amazon Web Service (AWS) credits in startups operating in the artificial intelligence industry.
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Tempus AI Raises $410.7 Million
Tempus AI Inc., which specializes in the development of the technology platform that processes medical data using artificial intelligence, conducted an initial public offering (IPO) at the top of a marketed range to raise $410.7 million.
Apple Edges Past Microsoft in Value
Last Thursday, June 13, Apple became the most valuable public company in the United States, displacing Microsoft from the corresponding position.
Broadcom Shares Rise
On Thursday, June 13, the value of Broadcom shares showed an increase of approximately 12% after the company published information on the economic results of its activities for the second fiscal quarter.
Bitwise Says About Overall Potential of Crypto and Artificial Intelligence
The combined financial effect of scaling the cryptocurrency area and the artificial intelligence industry could bring $20 trillion to the global economy by 2030.
Ant Group Spends $2.9 Billion on Research
Last year, Ant Group Co. spent a record 21.2 billion yuan ($2.9 billion) on research.
Linq Raises $6.6 Million to Bring AI to Financial Analysts
Startup Linq raised $6.6 million in investment funds.
AI Chip Makers Rebellions and Sapeon to Merge
On Wednesday, June 12, in South Korea, two local startups for the development of chips for artificial intelligence systems, which are Rebellions and Sapeon, agreed to merge.
Black Semiconductor Raises $273 Million
The company Black Semiconductor, which is based in Germany and develops graphene-based technology for connecting chips, was able to raise investment funds for 254.4 million euros (about $273 million).
Apple Shares Hit Record High
The value of Apple securities on Tuesday, June 11, increased by 5%, reaching a new record high of $203 per share.
Morgan Stanley Says AI Helps Financial Advisers Save Time
Morgan Stanley CEO Ted Pick said that the ability of artificial intelligence to transcribe conversations and categorize them by topic could save financial advisers 10 to 15 hours a week.
ChatGPT Comes to iOS, iPadOS, and macOS
OpenAI officially announced that ChatGPT capabilities will be integrated into experiences within iOS, iPadOS, and macOS later this year.
AI Startup iGenius Seeks Funding at €1.7 Billion Valuation
Startup iGenius, which operates in the artificial intelligence industry and seeks to compete with OpenAI and other companies developing the mentioned advanced technology, seeks to raise investments worth 650 million euros ($698 million) at a post-money valuation of about 1.7 billion euros.
Fintech Startup Surfin-Meta Actively Uses AI
Surfin-Meta startup, which is based in Singapore, aims to use the capabilities of artificial intelligence to provide services to people in developing countries who are facing a shortage of banking maintenance.
Taiwan’s Technology Sector Overcomes Challenges With AI
In Taiwan, local technology companies, which are currently the world’s largest suppliers of hardware for personal computers and smartphones, demonstrate an optimistic attitude, even though the current configuration of reality in the geopolitical plane is not a kind of platform for positive prospects and not a certain set of facts and circumstances testifying in favor […]
Apple Prepares to Its AI-Focused WWDC Event
Apple, despite its undeniably fair and indisputable status as one of the leaders of the global technology sector, has a kind of tradition, that consists in the fact that the company never embraces new product categories first, which will be confirmed very soon by the Worldwide Developers Conference (WWDC).
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