| 3 Oct 2024 |
OpenAI
MSFT
NVDA
SFTBY
|
[NBC News] OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the USD 6.6 billion the company raised from an extensive roster of investment firms and big tech companies. The funding round was led by Thrive Capital and included participation from existing backer Microsoft as well as chipmaker Nvidia, SoftBank and others. |
| 1 Oct 2024 |
OpenAI
SFTBY
|
SoftBankās Vision Fund is planning to invest USD 500 million in OpenAI as part of OpenAI's USD 6.5 billion funding round which values the company at USD 150 billion. |
| 30 Sep 2024 |
AMZN |
[Reuters] Amazon.com Inc won partial dismissal of a U.S. Federal Trade Commission lawsuit accusing it of maintaining illegal monopolies, though the details of the ruling by a federal court in Seattle on Monday were not immediately clear.
The FTC had accused the online retailer of using anti-competitive tactics to maintain dominance among online superstores and marketplaces. Amazon asked U.S. District Judge John Chun to dismiss the case in Dec 2023, saying the FTC had raised no evidence of harm to consumers. |
| 28 Sep 2024 |
AI21labs
Cohere
Invisible Tech
OpenAI |
[NDTV] In the early years, getting AI models like ChatGPT or its rival Cohere to spit out human-like responses required vast teams of low-cost workers helping models distinguish basic facts such as if an image was of a car or a carrot.
But more sophisticated updates to AI models in the fiercely competitive arena are now demanding a rapidly expanding network of human trainers who have specialized knowledge -- from historians to scientists, some with doctorate degrees.
For more training, Cohere, which was last valued at over USD 5 billion, works with a startup called Invisible Tech. Cohere is one of the main rivals of OpenAI and specializes in AI for businesses. |
| 27 Sep 2024 |
AAPL
MSFT
NVDA
OpenAI |
Apple [AAPL] is no longer in talks to participate in OpenAI's funding round expected to raise as much as USD 6.5 billion. Nvidia [NVDA] and Microsoft [MSFT] may still be interested.
[Tracxn: Previous funding rounds]. |
| 27 Sep 2024 |
OpenAI |
[WSJ] OpenAI is planning to convert from a nonprofit organization to a for-profit company at the same time it is undergoing major personnel shifts including the abrupt resignation on 25 Sep 2024 of its chief technology officer, Mira Murati. |
| 27 Sep 2024 |
META
|
[WSJ] The Irish Data Protection Commission has fined Meta [META] EUR 91 million (USD 101.7 million) after finding Meta had stored passwords of some social media users on its internal systems without proper safeguards. |
| 27 Sep 2024 |
GOOGL
MSFT
|
[WSJ] Google [GOOG/L] said it has filed an EU Antitrust Complaint against Microsoft [MSFT], arguing that Microsoft is abusing market power in enterprise software to push customers to use its cloud-computing service. |
| 27 Sep 2024 |
Anthropic
AMZN
MSFT
InflectionAI
OpenAI
|
[WSJ] U.K. antitrust officials said Amazon.comās [AMZN] multibillion-dollar investment in artificial-intelligence company Anthropic didnāt qualify for a formal investigation, a win for U.S. Big Tech weeks after Microsoft [MSFT] was also spared a probe over its links to InflectionAI.
The U.Kās Competition and Markets Authority launched a probe in Aug 2024 to determine whether Amazon's [AMZN] $4 billion investment in Anthropic posed a threat to competition in the country. Officials have now concluded that isnāt the case and said they wouldnāt open a formal investigation. |
| 25 Sep 2024 |
CharacterAI
GOOGL
|
[Business Today] Google has paid USD 2.7 billion to bring back AI genius Noam Shazeer. "Shazeer, a 48-year-old software engineer and one of Googleās early hires in 2000 left the company in 2021 when Google declined to release the chatbot he built with colleague Daniel De Freitas. Together, they founded Character.AI, which became a top AI startup in Silicon Valley, hitting a USD 1 billion valuation in 2023." |
| 25 Sep 2024 |
AUD
|
The AUD has risen 8% against the USD in the past year. However it is down 21% over the past 10 years: current: 0.690301, maximum 0.886006, minimum 0.574092 |
| 25 Sep 2024 |
AAPL
|
An analyst post on Medium said the first weekend of preorders for the iPhone 16 was about 13% below last year's equivalent figures, due to weak demand for the Pro model. Apple stock traded down more than 3%. |
| 25 Sep 2024 |
GOOGL
MSFT
|
[CNBC] Google [GOOG/L] has filed an EU Antitrust Complaint against Microsoft [MSFT], saying that Microsoft makes it harder for customers to move their workloads to competitorsā clouds. |
| 24 Sep 2024 |
V
|
[WSJ] The US Justice Department has sued Visa [V] on allegations that Visa used illegal tactics to maintain a monopoly in debit-card payments. |
| 23 Sep 2024 |
AAPL
GOOGL
NVDA
TSM
|
Nvidia's GPU customers become competitors as they manufacture their own GPUs. Apple's M2 -series and Google's Tensor G-4 are examples. The result is an impact on Nvidia's revenue and, potentially, TSM revenue. |
| 22 Sep 2024 |
AMD
NVDA
TSMC
|
[WSJ] As AI matures, the chip industry will look beyond GPUs - Lisa Su, AMD CEO |
| 22 Sep 2024 |
KRX
TSMC
|
TSMC and Samsung discuss building megafactories in the United Arab Emirates |
| 21 Sep 2024 |
Constellation Energy
MSFT |
[Reuters] Constellation Energy and Microsoft have signed a power deal to help resurrect a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart of its kind. Key regulatory permits for the plant's new life, however, haven't been filed, regulators say. Big tech has led to a sudden surge in U.S. electricity demand for data centers needed to expand technologies like artificial intelligence and cloud computing. Nuclear energy, which is nearly carbon-free and broadly considered more reliable than energy sources like solar and wind, has become a popular option for technology companies with uninterrupted power needs and climate pledges.
|
| 21 Sep 2024 |
SPX |
[Reuters] The S&P 500 [SPX], hit its first all-time high close in 2 months after the Federal Reserve unveiled a 50-basis point rate cut, kicking off the first U.S. monetary easing cycle since 2020.
The [SPX] is up 0.8% so far in Sep 2024, historically the weakest month for stocks, and has gained 19% YTD. But the rocky period could carry over until the 5 Nov 2024 Presidential election, strategists said, leaving the [SPX] vulnerable to market swings.
|
| 20 Sep 2024 |
INTC
QCOM
|
[WSJ]
Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation said, in what could be a transformational deal in the sector but faces many hurdles.
|
| 18 Sep 2024 |
GOOGL
GOOG
|
[WSJ]
Google scored a win Wednesday after the European Unionās second-highest court overturned a fine of EUR 1.49 billion, equivalent to USD 1.66 billion, that antitrust officials had imposed on the search giant for restricting how some websites could display ads sold by its rivals.
The European Commission levied the fine in 2019, saying Google had abused its dominance as a search engine and an advertising broker by imposing restrictive terms in contracts with third-party websites. Those terms effectively prevented Googleās rivals from placing their own search ads on those websites, regulators said at the time."
|
| 17 Sep 2024 |
NVDA
| [Reuters]
All about Nvidia chips, AI hype and what lies ahead
|
| 17 Sep 2024 |
INTC
TYO: 6758
|
How Intel lost the Sony PlayStation business |
| 12 Sep 2024 |
INTC |
[Channel News]
Intel Australian distribution partner, Synnex is now believed to be refunding customers for failed Core i9-14900K processors, rather than offering replacements.
|
| 11 Jul 2024 |
AMZN
|
[WSJ] Amazon Web Services will invest the equivalent of USD10.46 billion through 2028 to build and operate data centers in the U.K.for Cloud, AI infrastructure.
|
| 8 Jul 2024 |
QBTS
ZPTA
|
Zapata AI and D-Wave Quantum announce expanded partnership to accelerate development and delivery of generative AI platforms
|