Business
Steven Cohen’s Point72 Boosts Nvidia Stake by 74% Amid AI Chip Frenzy While Exiting $300M Amazon Holdings on Valuation Risks
The third quarter of 2023 brought fascinating shifts in Steven Cohen’s investment strategy at Point72 Asset Management. The $39 billion ...
Microsoft’s HarperCollins AI Deal Sparks $2,500 Licensing Debate Amid Windows Ignite’s 3x Security Gains and New AI Tools
Microsoft Corporation has reached a three-year agreement with HarperCollins to use select nonfiction titles for AI model training, while announcing ...
Claude AI Models Power U.S. Intelligence: Anthropic, Palantir, and AWS Lead Classified AI Deployment
In a move that deepens artificial intelligence integration within U.S. defense operations, Anthropic has partnered with Palantir Technologies and Amazon ...
Snowflake Debuts Cortex AI, Multimodal LLMs, and Hybrid Tables to Revolutionize Secure Enterprise Data Management
Hey there, data nerds and AI enthusiasts! Snowflake Inc. just dropped some serious AI enhancements to its cloud data platform ...
AI Cuts $10.5M Annually for Telecom Giant as Verint Virtual Assistant Manages 3.5M Calls and 80% of Billing
A telecommunications company operating in the U.S. market has cut annual expenses by $10.5 million through AI automation of its ...
Bitcoin Hits Historic $86,000 as Trump’s Election Sparks Market Surge, Propels U.S. to ‘Crypto Capital’ Status with a $1.62 Trillion Market Cap
Bitcoin surpassed 86,000 dollars this Monday morning (11.11.2024) for the first time in its history. The cryptocurrency touched its historic ...
Jeff Bezos Sells $13 Billion in Amazon Stock for 2024 as $225B Fortune Fuels $1B Space Ventures, Holding Just 10.8% of $2.2T Giant
Amazon founder Jeff Bezos has sold over $3 billion in Amazon shares, bringing his total stock sales for 2024 to ...
Super Micro’s $600 Target Stalls as 33% Stock Dive Follows EY Audit Exit, DOJ Probe, and Red Flag Allegations
Super Micro Computer, Inc. (SMCI), a prominent player in the AI server industry, has found itself embroiled in a maelstrom ...
Google Slammed with Staggering 2 Undecillion Ruble Fine as Russia’s Media Block Penalty Reaches Record Heights
Massive Fine for Blocking Pro-Kremlin Media Tech titan Google has found itself on the receiving end of a staggering 2 ...
Bitcoin Hits $71,500, Edging Closer to $73,000 High as $100M Shorts Are Liquidated
Bitcoin (BTC) skyrocketed past the $71,000 mark on Tuesday, October 29, 2024, hitting its highest value since June. The world’s ...
