US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.
Tags: AI
Nvidia Boss Jensen Huang Sells $31 Million Worth of Company Shares
Nvidia CEO Jensen Huang decided last week to sell over $31 million worth of the company’s stock in a move to entice investors.
Charles III Reads Labour's Economic Plans in UK's State Opening of Parliament
Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate the country’s economy in this year’s State Opening of Parliament.
TSMC Shares Rise Despite Expectations of Tighter 2025
Shares of the TSMC rose to a record intraday high in Taipei’s stock market after Morgan Stanley and other brokers boosted price targets on the company before its earnings.
Samsung Records Unexpected Profit Gain, Cites AI Boom's Impact on Chip Prices
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
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Meta cannot use Brazilian personal data to build its AI models, according to the country's data protection authorities.
Figma CEO Dylan Field says the business will temporarily suspend its Make Design AI tool, which was accused of copying Apple's Weather app.
Google's annual sustainability report revealed that despite efforts, the company's carbon emissions continued to rise in part due to challenges related to AI.
UBS is leading AI integration in banking with initiatives like instant credit for small businesses, pushing the banking sector to embrace AI's transformative potential to keep up.
China's UN envoy criticized the United States' recent draft rules targeting investments in artificial intelligence and other tech sectors in China.
Head of Microsoft AI, Mustafa Suleyman, sparked controversy by suggesting all publicly available online content should be treated as "freeware" for training AI.
Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.3 billion. Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.
Amazon said it was reviewing claims that Perplexity AI was scraping content without any approval, including content from prominent news sites.
The Hollywood film and television crew union has reached a tentative three-year agreement with top studios.
