OpenAI, a tech company, is set to partner with Apple, supercharging its reach to millions of users. The company's valuation is growing rapidly, with interest from investors including Apple and Nvidia. OpenAI has released a preview of its newest AI model, codenamed Project Strawberry, and is reorganizing its hybrid nonprofit and for-profit entities.
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AIOpenAI | Rating: 80 | 2024-09-14 12:20:21 PM |
A Tesla Semi electric truck caught fire on California's Interstate 80, requiring 50,000 gallons of water to extinguish. The incident, which occurred west of Lake Tahoe, was investigated by the National Transportation Safety Board (NTSB). The truck, driven by a Tesla employee, was headed to the company's battery factory in Sparks, Nevada, from a warehouse in Livermore, California. The crash closed part of the I-80 for 15 hours.
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TransportationTesla | Rating: 51 | 2024-09-13 05:40:20 PM |
Oracle's Chairman Larry Ellison briefly surpassed Amazon's founder Jeff Bezos to become the world's second-richest person, with a net worth of $208.4 billion. This was due to Oracle's best week on the stock market since 2021, following the company's fiscal 2026 revenue guidance and rosy forecast up to fiscal 2029. Oracle shares gained 1.2% to $163.38 on Friday. Only Tesla CEO Elon Musk, with a net worth of $252 billion, is currently above him.
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BusinessOracle | Duplicated with: | Rating: 53 | 2024-09-13 04:40:30 PM |
Adobe shares fell 9% after the company released third-quarter results that offered worse-than-expected guidance for the fourth quarter. The company reported $5.41 billion in revenue, up 11% year-over-year, and net income of $1.68 billion. Adobe expects revenue in the range of $5.50 billion to $5.55 billion and earnings per share between $4.63 and $4.68 in the fourth quarter.
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BusinessAdobe | Duplicated with: | Rating: 53 | 2024-09-13 01:50:29 PM |
Companies like ExxonMobil, Albemarle, and Standard Lithium are investing in Arkansas to produce lithium, driven by global demand for electric vehicles and energy storage. The U.S. currently produces less than 1% of the world's lithium supply, with most coming from countries like Australia, Chile, and China. Arkansas is home to the Smackover Formation, a geological formation rich in lithium brine, with global lithium consumption reaching 180,000 metric tons in 2023, up from 142,000 metric tons in 2022.
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EnergyExxonMobil | Rating: 53 | 2024-09-13 12:10:44 PM |
The UK's Competition and Markets Authority (CMA) has found competition concerns with the proposed merger between Vodafone and Three UK, owned by CK Hutchison. The regulator has provisionally concluded that the merger would lead to a substantial lessening of competition in the UK's retail and wholesale mobile markets, resulting in price increases for tens of millions of customers or reduced services.
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BusinessVodafone | Duplicated with: | Rating: 53 | 2024-09-13 08:40:35 AM |
Samsung Electronics' shares fell 3% as workers at its Indian plant continued to strike for a fifth day, demanding higher wages, recognition of their union, and reduced working hours. The strike, which began on Monday, involves hundreds of workers at the plant in Sriperumbudur, near Chennai. The company's management and labor officials failed to reach an agreement on Thursday.
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BusinessSamsung | Rating: 47 | 2024-09-13 06:20:22 AM |
Saudi Arabia's Deputy CEO of SDAIA's strategy management office, Abdulrahman Tariq Habib, expects the kingdom to gain access to Nvidia's high-performance GPUs within the next year. The move would enable Saudi Arabia to develop and operate advanced artificial intelligence models. The comments were made on the sidelines of GAIN, Saudi Arabia's international AI summit in Riyadh.
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AINvidia | Rating: 86 | 2024-09-13 04:51:25 AM |
Alibaba's Taobao shopping app launched an English version, powered by artificial intelligence, which topped the Apple App Store charts in Singapore, rising from fifth to first place in the shopping category on the day of its announcement. The app's English version was released on Tuesday, and according to Sensor Tower, a market intelligence firm, it reached first place in Apple's Singapore App Store across all categories as of September 11.
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AIAlibaba | Rating: 82 | 2024-09-13 03:10:21 AM |
Meta Platforms Inc. CEO Mark Zuckerberg received an 'unacceptable' response from the company regarding concerns about illicit drug advertisements on Facebook and Instagram. The concerns were raised by a bipartisan group of lawmakers, including Michigan Rep. Tim Walberg, who sent questions to Zuckerberg in August. The questions were not adequately addressed in a letter sent by Meta on Monday.
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PoliticsMeta | Rating: 53 | 2024-09-12 11:10:36 PM |