Apple has decided to withdraw from a $1 billion funding round for OpenAI, led by Thrive Capital, while Microsoft and NVIDIA plan to significantly increase their investments in the AI company. Microsoft, which already holds a 49% stake in OpenAI, and NVIDIA, a key player in AI hardware, are set
The Chinese online shopping app Temu has experienced explosive growth since its launch in September 2022, challenging established e-commerce giants like Amazon, eBay, and Shein. According to Stocklytics, Temu has amassed over 735 million downloads, showcasing its rapid ascent in the global market. Temu’s appeal lies in its combination of
In a groundbreaking development for the AI industry, Ilya Sutskever, co-founder of OpenAI, has launched Safe Superintelligence (SSI), a startup dedicated to developing safe AI superintelligence. Within just three months of its inception, SSI has attracted $1 billion in funding from prominent investors, showcasing the immense interest and potential in
Nvidia, a titan in the artificial intelligence (AI) industry, has once again demonstrated its market dominance with record-breaking revenues. However, the company’s latest financial results have failed to fully satisfy Wall Street’s lofty expectations, highlighting the immense pressure on the tech giant to maintain its meteoric growth. Nvidia’s Pivotal Role
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