A startup widely known as “ChatGPT for doctors” raised a new funding round that values the company at $12 billion. OpenEvidence, based in Miami, Florida, closed a $250 million financing, led by Thrive Capital and DST, the company told CNBC. The startup first raised outside capital in February, when it reeled in $75 million from…
We get so caught up in the buzz and the sizzle that we forget about the steak, especially in this era of GLP-1s, which have revolutionized the treatment of diabetes and obesity and are being studied for so many more diseases and conditions. That’s my chief takeaway from meeting with 15 different CEOs, a dozen…
Recently the Australian Senate passed a law to ban children under 16 from having social media accounts including TikTok, Facebook, Snapchat, Reddit, X. Matt Cardy | Getty Images News | Getty Images Australia’s social media ban for under-16s has grabbed global attention, and governments worldwide are considering implementing similar policies, with the U.K. seen as…
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images In November, following Nvidia’s latest earnings beat, CEO Jensen Huang boasted to investors about his company’s position in artificial intelligence…
Google CEO Sundar Pichai during the press conference after his meeting with Polish PM Donald Tusk at Google for Startups Campus In Warsaw in Warsaw, Poland, on Feb. 13, 2025. Jakub Porzycki | Nurphoto | Getty Images Google on Friday filed to appeal a federal judge’s ruling that the company held an illegal monopoly in…
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The Environmental Protection Agency closed a loophole this week that Elon Musk’s xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk’s artificial intelligence startup created a kind of off-grid power plant for its Colossus facility by…
Micron stock rose nearly 8% Friday as investors looked to buy AI chip supply chain stocks after Taiwan Semiconductor Manufacturing Co. reported robust earnings on Thursday, signaling continued AI infrastructure spending. Shares of Micron, one of the makers of memory and storage for artificial intelligence systems, is up over 250% over the past year, as…
OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI on Friday announced it will begin testing ads within ChatGPT in the coming weeks, a highly anticipated decision that could kickstart a lucrative new revenue stream for…
Alphabet shares started 2025 with investors questioning whether Google could keep up with ChatGPT maker OpenAI in the AI race. By year’s end, the stock had notched its best performance since 2009. Google got its AI mojo back. Much of that was driven out of DeepMind, the British company Google acquired in 2014 for around…
Riccardo Milani | Afp | Getty Images Wikimedia announced new deals with several artificial intelligence companies in a blog post on Thursday, including Amazon, Meta and Perplexity, as part of the company’s 25th anniversary. Through the new partnerships under Wikimedia Enterprise, companies will pay Wikipedia to use its data to help develop and train AI…
