Your Trusted Source for Global and Local News About Economy
Router maker Zyxel tells customers to replace vulnerable hardware exploited by hackers The Taiwanese hardware maker says it has no plans patch the flaws impacting legacy router models © 2024…
European AI startups have raised $8 billion in 2024 In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to…
Hitachi Ventures raises $400M fund to invest in everything from fusion to AI The size of the new fund is a vote of confidence in a range of deep tech…
Google wants Search to be more like an AI assistant in 2025 Google Search is in the midst of a “journey” around AI, Google CEO Sundar Pichai said during the…
Krafton leads Cashfree’s $53M funding at $700M valuation Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million…
Brightpick’s new warehouse robot can reach 20-foot-high shelves Brightpick, a maker of autonomous mobile robots, on Tuesday announced a lofty addition to its current line. The appropriately named Giraffe system…
Alphabet praises DeepSeek, but it’s massively ramping up its AI spending Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75…
Snap says TikTok uncertainty benefited its business During Snap’s fourth-quarter earnings call on Tuesday, CEO Evan Spiegel said that the uncertainty surrounding TikTok’s future has positively affected its business. “We’re…
A16z hires acquitted former Marine Daniel Penny as an investor Powerhouse venture firm Andreessen Horowitz has hired Daniel Penny as an investor, its webpage confirms. Penny is the former Marine…
AMD pulls up the release of its next-gen data center GPUs AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner…