Enterprise

SoftBank Promises To Invest $100bn In US

Japanese tech investment firm SoftBank promises to invest $100bn during Trump's second term to create 100,000 AI-related jobs

6 days ago

AI Start-Up Basis Raises $34m For Accountancy Agent

Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make up for shortfall in human…

6 days ago

Bitcoin Hits New High Over $107,000 On Trump Comments

Bitcoin surges more than 5 percent after Trump reaffirms plans for national strategic crypto reserve, as optimism grows

7 days ago

Broadcom Value Jumps Over $1tn On AI Optimism

Broadcom stock price surges 24 percent after company predicts 'massive' opportunity from custom AI chips for large customers

1 week ago

China Video Game Sales Hit Record $44bn

Sales in domestic China video game market, world's second-biggest, hit record $44.8bn amidst release of high-profile titles

1 week ago

Intel Interim CEOs Hint At Selling Foundry Business

After Pat Geslinger ousting, Intel's interim CEOs admit firm may be forced to sell Foundry business if new chip-making tech…

2 weeks ago

Meta Donates $1 Million To Donald Trump Inauguration Fund

Weeks after CEO Mark Zuckerberg met with Donald Trump privately at Mar-a-Lago, comes news of donation to his inauguration fund

2 weeks ago

US Awards Micron $6.1 Billion From US Chips Act

Biden administration awards $6.1 billion subsidy from US Chips Act for Micron's Idaho and and New York plants

2 weeks ago

GM Kills Cruise Robotaxi Business, After Funding Is Pulled

General Motors kills Cruise robotaxi ambitions, after halting funding for the loss-making autonomous vehicle unit

2 weeks ago

Former OpenAI Researcher Raises $40m For AI Voice Start-Up

Former co-developer of voice mode for OpenAI's ChatGPT launches WaveForms AI to make AI voice interactions feel more intuitive

2 weeks ago

OpenAI Seeks To Remove Commercial ‘AGI’ Constraint

ChatGPT developer OpenAI reportedly discussing removal of provision that blocks Microsoft from accessing super-intelligent AI

2 weeks ago

Elon Musk’s xAI Closes $6bn Funding, Plots Colossus AI Supercomputer Expansion

SEC filing reveals that Elon Musk’s AI firm, xAI, has raised another $6 billion, as it pledges to expand Colossus…

2 weeks ago

Trump Nominates Cryptocurrency Advocate Paul Atkins As SEC Chair

President-elect Donald Trump nominates a new chairman to head the SEC, who is a noted cryptocurrency advocate

3 weeks ago

CMA Clears Vodafone, Three Merger After Price Promise

UK regulator approves Vodafone, Three merger, after receiving commitments over price, network, and virtual mobile operators

3 weeks ago

Bitcoin Surges Past $100,000 For First Time, Amid Trump Optimism

Crypto optimism under Trump's presidency, pushes the price of Bitcoin past $100,000 for the first time ever

3 weeks ago

Celsius Founder Alex Mashinsky Pleads Guilty To Fraud

Founder of former cryptocurrency lender Celsius Network, Alex Mashinsky, pleads guilty to two counts of fraud

3 weeks ago

Germany Shoulders €600 Million Of Northvolt Debt

Lender KfW is to be reimbursed by the German government more than €600 million ($629 million) of Northvolt debt

3 weeks ago

Intel Says $7.86bn Grant From US Will Restrict Foundry Spin-off

Chip giant's plan for Intel Foundry to be spun off as independent subsidiary will be restricted after US government grant

4 weeks ago

OpenAI Allows Staff To Sell $1.5 Billion Stock To SoftBank – Report

SoftBank is to acquire more OpenAI shares, after the AI startup allows staff to sell their shares to Japanese tech…

4 weeks ago

UK’s FCA Confirms Plan For Crypto Regulation By 2026

British financial regulator outlines roadmap and timelines to implement regulatory oversight for 'high risk' crypto

4 weeks ago

Biden Administration To Loan Rivian $6.6 Billion For EV Factory

Consequence for Elon Musk? Biden administration provisionally agrees $6.6 billion loan to Rivian, so it can construct EV factory in…

4 weeks ago

Just Eat To Delist From London Stock Exchange

Another blow for UK's ambition to attract tech firms to its stock market, after Just Eat Takeaway requests LSE delisting

4 weeks ago

Amazon To Pump Another $4bn Into AI Start-Up Anthropic

Amazon to invest a further $4bn into AI start-up Anthropic, doubling its investment as it vies against stiff competition

4 weeks ago

Northvolt Files For Bankruptcy Protection In US

Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder Peter Carlsson steps down

1 month ago

UK’s CMA Readies Cloud Sector “Behavioural” Remedies – Report

Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector

1 month ago

Bitcoin Rises Above $96,000 Amid Trump Optimism

Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald Trump

1 month ago

FTX Co-Founder Gary Wang Spared Prison

Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during sentencing hearing

1 month ago

Northvolt Appoints Restructuring Expert For Main Battery Plant

Restructuring expert appointed to oversea Northvolt's main facility in northern Sweden, amid financial worries

1 month ago

CMA Halts Google Anthropic Investigation

British competition watchdog decides Alphabet's partnership with AI startup Anthropic does not qualify for investigation

1 month ago

Perplexity Adds Shopping Features To AI Search

Perplexity adds shopping features to generative AI-powered search as it faces more direct competition from OpenAI's ChatGPT

1 month ago