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AI Insurance Startup Exzeo Targets $2 Billion U.S. IPO in Game-Changing Market Debut
Insurance tech firm Exzeo is preparing for a $2 billion IPO in the U.S., aiming to revolutionize the trillion-dollar insurance industry with AI-driven risk modeling and automation. The company’s plat…
Published on 2 months, 2 weeks ago
Are We in an AI Bubble? Billions Poured In, Experts Split on What Comes Next
Trillions in projected value, billions in investment, and sky-high valuations have investors debating whether AI’s meteoric rise is the next dot-com bubble—or the start of the biggest tech boom in hi…
Published on 2 months, 2 weeks ago
Anthropic Just Slashed AI Prices — New Claude Model Beats GPT-4 Turbo for Half the Cost
Anthropic has unveiled Claude 3.5 Sonnet, a faster and more affordable AI model that rivals GPT-4 Turbo in performance while costing significantly less. The move aims to make advanced AI tools access…
Published on 2 months, 2 weeks ago
Oracle Predicts $166 Billion Cloud Boom by 2030 — AI Demand Set to Explode
Oracle says its cloud infrastructure revenue could soar to $166 billion by 2030, fueled by surging demand from AI companies like xAI and Cohere. The company’s rapid growth positions it as a major cha…
Published on 2 months, 2 weeks ago
Wall Street Surges as TSMC’s Blowout Earnings Ignite a New AI Stock Rally
Taiwan’s TSMC reported a 30% jump in profit and soaring demand for AI chips, sparking a major rally across global tech markets. The results signal that the AI boom is far from slowing, with Nvidia, A…
Published on 2 months, 2 weeks ago
Apple Defies Washington: Tim Cook Bets Big on China Amid Soaring U.S. Trade Tensions
Apple is ramping up investments in China with new R&D hubs and supply chain partnerships, even as U.S. regulators push for tech decoupling. The move signals Tim Cook’s bold strategy to secure Apple’s…
Published on 2 months, 2 weeks ago
Salesforce Drops $15 Billion Bombshell on San Francisco to Dominate the AI Race
Salesforce has announced a massive $15 billion investment in San Francisco over the next decade, signaling confidence in the city’s revival and a bold push to lead in enterprise AI. The move includes…
Published on 2 months, 2 weeks ago
The “Phoney” Trade War Is Over: U.S. and China Quietly End Economic Cold War
After years of tariffs, tech bans, and political posturing, the U.S. and China are quietly rebuilding trade ties. Behind the scenes, new export deals and relaxed restrictions signal that the so-calle…
Published on 2 months, 2 weeks ago
MIT Spinout Just Raised $11 Million to Build the “AI Power Chip” That Could Crush NVIDIA’s Energy Problem
Vertical Semiconductor, an MIT spinout, secured $11 million to develop vertical gallium nitride chips that promise up to 10x better power efficiency for AI data centers. The breakthrough could dramat…
Published on 2 months, 2 weeks ago
Meta Just Ditched NVIDIA? Facebook’s AI Now Runs on Arm Chips in Shocking Power Shift
Meta has partnered with Arm Holdings to power its AI recommendation systems across Facebook and Instagram, signaling a major move away from NVIDIA’s costly GPU dominance. The collaboration aims to ma…
Published on 2 months, 2 weeks ago