Latest Updates Around The World
Anthropic plans to sue the US government after the Pentagon labeled the AI startup a ‘supply chain risk’ to national security, according to its CEO Dario Amodei. Pentagon labels anthropology a national security risk In a statement Thursday, Amodei said the company has received an official message from the Ministry of War confirming the designation. […]
Earlier this week, Cathie Hout emphasized the increasing competition for Nvidia Corp (NASDAQ:NVDA) as ARK Investment Management predicts that custom AI chips could control more than a third of the computer market by the end of the decade. ARK sees custom silicon reshaping the AI computing market Frank Downingsaid ARK’s research director for the next-generation […]
On Sunday, Amazon.com, Inc (NASDAQ:AMZN) Web services said a fire caused by objects hitting one of the UAE’s data centers caused a power outage, disrupting cloud services in the region. Strike-related fire disrupts AWS availability zone Amazon’s cloud division, Amazon Web Services, confirmed that a local power outage affected a single Availability Zone in the […]
This week has been a roller coaster ride in the technology and AI industry. From record revenues to major deals and legal victories, the week was packed with remarkable events. Here’s a quick summary of the top stories that made headlines. NVIDIA’s fourth-quarter earnings: a record quarter NVIDIA company announced fourth-quarter financial results last Wednesday, […]
Micron Technology, Inc. (NASDAQ:MU) Shares closed on Friday as the company celebrated the grand opening of its semiconductor assembly and testing facility in India. The move came on a challenging trading day, with major indexes like the S&P 500 and Nasdaq also seeing declines, adding to pressure as broader markets headed lower. The facility is […]
Beast Industries has suspended a video editor associated with YouTube star Mr. Beast after a forecast market investigation revealed insider trading violations. The action follows disciplinary action from prediction platform Kalshi, which fined and banned its editor for two years after detecting suspicious transactions linked to unreleased video results, BBC reports. Allegations of insider trading […]
Berkshire Hathaway Inc. (NYSE:BRK) unveiled a leadership transition plan as Gregory E. Abel steps into the role of CEO and promises to maintain the conglomerate’s long-standing culture and capital discipline. “Warren is obviously a very difficult act to follow,” says Abel wrote in the company’s annual report. Revenue snapshot Fourth quarter operating income was $10.2 […]
Venture capitalist Vinod Khosla publicly broke with it Anthropic On Friday, he argued that the AI safety-focused startup is wrong about developing autonomous weapons. “Putin won’t fight fair, so we should definitely have autonomous AI weapons,” Khosla wrote on X, adding that he admires Anthropic for sticking to its principles, but not the principle itself. […]
On Thursday, Anthropic CEO Dario Amodei said the AI startup “cannot in good conscience agree” to new Department of Defense contract language that would allow unrestricted military use of its AI system, Claude. AI contract clash with the Pentagon In a blog post, the San Francisco-based startup said the U.S. Department of Defense’s updated terms […]
Tesla Inc. (NASDAQ: TSLA) sues California Department of Motor Vehicles (DMV) after the automaker dropped the term “Autopilot” from its marketing efforts amid the false advertising row. Tesla is unfoundedly labeled as a false advertiser, the court said Lawyers representing Elon Musk’s EV giant argue the agency has not proven there was confusion among customers […]
