TensorWave Raises $100 Million
TensorWave, a Las Vegas-based startup specializing in the development of artificial intelligence infrastructure, announced on Wednesday, May 14, that it managed to raise $100 million in the latest round of financing.
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Google Says Gemma AI Model Surpasses 150 Million Downloads
Google reported that its Gemma open-source artificial intelligence model has been downloaded by users more than 150 million times.
Perplexity AI Reportedly Plans to Launch Browser
The media published information according to which Perplexity AI, which is gradually becoming an increasingly powerful player in the global artificial intelligence industry, is currently in preliminary negotiations on raising investments worth $500 million at a valuation of $14 billion.
Saudi Arabia Launches New AI Company
Saudi Arabia has launched a company to invest across the artificial intelligence value chain.
Rippling Raises $450 Million
Rippling, a workforce management platform, announced that it has raised new funding worth $450 million and signed an agreement to repurchase shares worth up to $200 million from the current and former employees.
AI Washing Gains Traction: Red Flags to Watch Out For
While we haven’t yet figured out how to prevent greenwashing in the corporate space, a new threat arises in the form of AI washing. What is it and how do we deal with AI washers? Let’s explore.
Duna Raises Investments to Bolster Business Identity Platform
Duna, a business identity platform founded by two Stripe veterans, raised $12.1 million.
Apple and Anthropic Reportedly Develop AI-Powered Coding Platform
The media published information according to which Apple and Anthropic have partnered to develop a platform that will use artificial intelligence to write, edit, and test code for programmers.
Amazon’s Cloud Business Increases
Amazon’s cloud business showed growth in the first quarter of 2025, but the pace of this upward process turned out to be slower than preliminary expectations.
Amazon Launches Nova Premier
Amazon released Nova Premier, which, according to this company, is the most capable artificial intelligence model in its Nova family.
Apple Reports Earnings
Last Thursday, May 1, Apple published information about the financial results of its activities in the second fiscal quarter, which ended on March 29, 2025.
Qualcomm Reports Earnings
Qualcomm has released information on its financial results for the second fiscal quarter, which exceeded Wall Street’s preliminary expectations, as sales of chips from the San Diego, California-based company showed significant growth.
Microsoft Shares Jump on Earnings Beat
The value of Microsoft shares last Wednesday, April 30, during extended trading showed an increase of approximately 9%, which is an upward dynamic supported by the fact that this company published the financial results of its operations for the last fiscal quarter, which exceeded preliminary expectations, including regarding the performance of the Azure cloud business, […]
Meta Reports First-Quarter Earnings
Last Wednesday, April 30, the value of Meta Platforms shares showed growth of as much as 5% after the company released information about its earnings for the first quarter of 2025, which exceeded analysts’ preliminary expectations, and provided guidance for the present quarter, which coincided with Wall Street forecasts.
ASM International Expects Sales Growth
ASM International, a Netherlands-based manufacturer of equipment for making chips, said last Tuesday, April 29, that it expects annual sales to grow in a double-digit percentage range at constant currencies, despite increasing macroeconomic uncertainty amid global trade tensions.
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