Blackstone and Vista Equity Partners to Acquire Smartsheet
Collaboration software maker Smartsheet announced on Tuesday, September 24 that Blackstone and Vista Equity Partners would acquire it.
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Google Reports 2 Million Developers Use Its GenAI Solutions
Google reported that its generative artificial intelligence model called Gemini is currently used by more than 2 million developers.
AI Startup Phacet Reportedly Raises $4 Million
The media reports that the startup Phacet, which operates in the space of the artificial intelligence industry, managed to raise investment funds for $4.4 million.
Middle Eastern Funds Invest Billions of Dollars Into AI Startups
Currently, in the Middle East, sovereign wealth funds, through their specific financial actions, demonstrate a clear and unambiguous desire to become the main sponsors of Silicon Valley in the area of developments related to artificial intelligence.
Perplexity AI Reportedly Plans New Advertising Model
The media reports that Perplexity AI is currently planning a new advertising model for its search engine, which operates based on artificial intelligence.
China’s Semiconductor Industry Demonstrates Moderate Movement Forward
In China, the local semiconductor industry is gradually promoting homegrown lithography tools following the specifications published by the central government of the Asian country, but analysts through the prism of skeptical perception assess the quality level of this movement forward, noting in an appropriate context that Beijing has yet to make a kind of breakthrough […]
Samsung Plans to Invest $1.8 Billion More in Vietnam
South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.
Who Are India’s AI Influencers and What Do They Mean for Creator Marketing?
Artificial intelligence (AI) has transformed the way we do business and sell merchandise. The technology does not only optimise the paperwork for e-commerce but also can autonomously promote brand products. Virtual influencers went viral in China first and are quickly gaining popularity in other markets, with India being one of the prominent examples.
EU Court Confirms Qualcomm’s Fine
The European second-top court on Wednesday, September 18, basically confirmed the EU antitrust fine against the US chip manufacturer Qualcomm.
Alibaba Rolls Out Over 100 New AI Models
The Chinese company Alibaba on Thursday, September 19, presented more than 100 new models of artificial intelligence with open-source code.
Microsoft Approves New Share Buyback Program
Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.
Microsoft and BlackRock to Launch Fund for AI Infrastructure
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
Intel Shares Rise Amid Chip Deal With Amazon
Intel’s chip manufacturing business, which has recently faced significant difficulties, received an incentive for growth and development after the announcement of the beginning of interaction with a major customer, which is Amazon.
Apple Presents iOS 18
Apple on Monday, September 16, presented a new version of the operating system for the iPhone called iOS 18.
OpenAI Announces New Independent Board Oversight Committee
OpenAI on Monday, September 16, announced that its Safety and Security Committee, which this company introduced in May during the proceedings in the framework of disputes related to security processes, is being transformed in a structural sense and corporate context into an independent board oversight committee.
Larry Ellison Becomes World’s Second-Richest Man
On Monday, September 16, the value of Oracle shares continued their growth trajectory, increasing by more than 6%, against which the chairman of this company, which is a software developer and server hardware supplier, Larry Ellison became the second richest person in the world, displacing Amazon founder Jeff Bezos in the appropriate position.
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