Browsing: billion

Cerebras Systems raised $5.5 billion in its IPO on Thursday, pricing shares at $185 on Wednesday night, well above its range ($115 to $125, later increased…

Short-form video is a format designed for mobile — these vertically oriented videos are designed to fit the shape of a smartphone. But according to YouTube,…

While AI disruption is sweeping many legacy SaaS companies, several HR technology startups seem to be thriving. One of those companies is small business payroll provider…

By the OpenAI COO’s own admission last February, “we haven’t really seen AI seep into enterprise business processes yet.” But for enterprise software giant SAP, whose…

In one blog post laying out a vision for the future of crypto, ranging from a “new financial system” to warnings about “opaque” artificial intelligence, a16z…

Nvidia has laid a new brick in its AI empire. NVentures, its corporate VC fund, has backed Legora, according to information its first legal investment in…

Rivian has revised its loan agreement with the Department of Energy and now expects to borrow $4.5 billion to build its new plant in Georgia, up…

On Monday, Microsoft and OpenAI announced that they have, once again, renegotiated the deal binds the two companies. Despite some views of X labeling it a…

China’s top economic planner, the National Development and Reform Commission (NDRC), said on Monday it had blocked Meta’s takeover of Manus, an artificial intelligence startup agency…

Google plans to invest up to $40 billion in Anthropic and support the AI ​​company’s growing computing needs, reports Bloomberg. The Alphabet subsidiary is committing to…