What’s Going On With Reddit Shares Friday On Heels Of OpenAI Partnership?
A deal with Reddit was led by OpenAI COO Brad Lightcap and approved by the company's board.
Tesla Faces Stiff Price Competition In China From Latest Entrants Nio’s Onvo L60 And Xiaomi SU7
China's latest EV entrants are looking to take on Tesla Inc's market share within the country, with vehicles priced competitively against the American EV giant's best-selling EVs in the country.
Snowflake Set to Acquire Reka AI for Over $1B, Expanding Its Generative AI Offerings
Snowflake Inc (NYSE: SNOW) to acquire Reka AI for over $1 billion. Reka specializes in large language models and could enhance Snowflake's AI capabilities.
Figma Sets $12.5B Valuation in New Equity Offering, Falling Short of Adobe’s Acquisition Offer
Figma announces tender offer for investors to sell shares at $12.5B valuation, marking 25% increase from 2021. Deal falls short of Adobe's $20B offer.
Druckenmiller Back In Palantir Game: Duquesne Rebuys Into AI Play After Year-Long Gap, Slashing Nvidia Stake
Data analytics company Palantir has seen its fundamentals improve ever since it pivoted to AI.
Nvidia Faces New Competition as Qualcomm and Ampere Launch AI-Focused Server
Arm-based chips from Qualcomm and Ampere are being used in a new AI server for efficient inferencing. This partnership aims to compete with Nvidia.
Accenture Expands In Japan – What’s Going On?
Accenture strengthens its digital prowess in Japan with the acquisition of OPENSTREAM HOLDINGS, enhancing its capabilities across various industries.
Thieves Are Stealing Copper Cables From Tesla Charging Stations Amid Sky-High Prices For Vital Metal
The latest incident reportedly occurred on Mother's Day when nine charging stations behind a Vallejo Target store were vandalized
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share
Alibaba Group uses AI to stay competitive in Chinese e-commerce market. Wenwen chatbot gives personalized recommendations. Net profit up, stock down.
Breakthrough For Tesla In China? Shanghai Reportedly Greenlights ‘Ordinary’ Data Flow Overseas For Intelligent Vehicles
Tesla is also making plans for a data center in China to train its full self-driving (FSD) driver assistance software on fleet data from the country, Reuters reported.