AI video-generating startups Luma and runway are seen beyond the movie studio. These video-generating AI companies have their own places on other markets for future revenue currents and are interacting with both robotics and self-driving car companies, According to reporting from informationThe report did not reveal which companies are interacting with Luma and the runway….
The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in AI chips. Rebellions South Korean artificial intelligence chip startup Rebellions has raised money from tech giant Samsung and is targeting a funding round of up…
Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category. Alibaba Alibaba on Monday unveiled a pair of smart glasses powered by its artificial intelligence models, marking the Chinese firm’s first foray into the product category….
The market may be trading around record highs, but the Verdence Capital Advisors CIO is worried trouble is lurking. Megan Horneman, who oversees $4.1 billion in assets under management, thinks there’s too much complacency around the Aug. 1 U.S. trade deadline. “This market is pricing in the perfect situation,” she told CNBC’s “Fast Money” on…
LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images When it was reported last month that Anthropic’s Claude had resorted to blackmail and other self-preservation techniques to avoid being shut down, alarm bells went off in the AI community. Anthropic researchers say that making the…
Nurphoto | Nurphoto | Getty Images Elon Musk is now a driving force in prediction markets. Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi‘s prediction markets service. In June, xAI announced a similar deal with Polymarket, a Kalshi rival. Kalshi, the company that turned heads with a made-with-AI…
Mustafa Suleyman, CEO of Microsoft AI, speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft has hired around two dozen employees from Alphabet’s Google DeepMind artificial intelligence research lab in recent months, a person familiar…
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, reacts during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan Mcdermid | Reuters CoreWeave stock rose more than 5% after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth…
Enterprise AI Startup Moveds’ acquisition of Serviceeno is allegedly conducting regulatory investigation. The acquisition is currently reviewing for mistrust by the US Department of Justice, Bloomberg according toWhich cited familiar sources from the case. The investigation began in June, Bloomberg said, and both companies have since received the “second request”, which has been calling for…
A large -scale AI deal between the US and the United Arab Emirates (UAE) is allegedly in hold before finalizing it for national security reasons. The deal, which gives green lights to the UAE, is to buy billions of $ billions of AI chips from Nvidia and other semiconduct companies, holding concerns in the US…
