WeRide, a Chinese self-driving technology company, delayed its initial public offering (IPO) in the US due to the need for more time to complete documents. The company was expected to offer 6.5 million ADS in the range of $15.50 to $18.50, aiming to raise up to $440 million.
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BusinessWeRide | Rating: 47 | 2024-08-22 11:47:53 AM |
The body of British technology entrepreneur Mike Lynch, 59, has been retrieved from the wreckage of a yacht that sank off the coast of Sicily. Lynch was one of 22 passengers aboard the Bayesian superyacht, which capsized while anchored in the small fishing village of Porticello, in the province of Palermo in Italy. His daughter, Hannah, remains unaccounted for. The Italian coastguard identified five bodies pulled from the wreck, including Lynch's.
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ObituaryNone | Duplicated with: | Rating: 38 | 2024-08-22 09:38:02 AM |
Microsoft has updated its quarterly revenue guidance, shifting its reporting structure to give investors better visibility into its cloud infrastructure business. The company is bulking up its Productivity and Business Processes segment, which includes Office productivity software subscriptions, with services from the Intelligent Cloud unit. This move will also see the segment gain Windows commercial products and cloud services from the More Personal Computing segment. The changes are effective immediately.
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AIMicrosoft | Rating: 60 | 2024-08-21 11:05:28 PM |
Microsoft Chairman and CEO Satya Nadella spoke on the company's campus in Redmond, Washington. The company unveiled a new class of Windows PCs, called Copilot+ PCs, which can run artificial intelligence workloads and feature a new Recall feature. Recall takes screenshots of activity on screen, allowing users to search for information they saw earlier. Security researchers expressed concerns about the risks of Windows automatically capturing images without user opt-in.
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AIMicrosoft | Duplicated with: | Rating: 58 | 2024-08-21 06:45:22 PM |
Epic Systems is building over 100 new AI features, showcasing updates across its products, including MyChart and Cosmos, at its annual User Group Meeting (UGM) on its 1,670-acre campus in Verona, Wisconsin. The company's CEO, Judy Faulkner, and other executives shared updates while dressed as characters inspired by children's books, fitting the 'storytime' theme.
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AIEpic | Rating: 60 | 2024-08-21 03:55:17 PM |
San-Francisco-based startup Story raised $80 million in a Series B round, valuing the company at $2.25 billion. The funding will be used to develop a blockchain designed to prevent artificial intelligence makers like OpenAI from taking creators' intellectual property without permission.
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AIStory | Rating: 62 | 2024-08-21 12:15:32 PM |
The Chinese government criticized the European Union's tariffs on electric vehicle imports, claiming they are unfair. The EU lowered duties on several major electric automakers, including Tesla. China believes the EU's probe into China's subsidies for its electric vehicle industry has come to a pre-set conclusion and is promoting unfair competition. China will take necessary measures to defend the rights and interests of Chinese companies.
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PoliticsEU | Rating: 50 | 2024-08-21 10:25:35 AM |
Amazon-backed artificial intelligence startup Anthropic was hit with a class-action lawsuit in California federal court over alleged copyright infringement. The lawsuit was filed by three authors, Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson, who claim that Anthropic built its multibillion-dollar business by stealing hundreds of thousands of copyrighted books, including their own. Anthropic's flagship product is its 'Claude' family of large language models.
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AIAnthropic | Rating: 62 | 2024-08-20 07:05:14 PM |
OpenAI announced a partnership with Condé Nast, allowing its products ChatGPT and SearchGPT to display content from various Condé Nast outlets. The SearchGPT prototype offers direct links to news stories and aims to provide fast and timely answers with clear and relevant sources.
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AIOpenAI | Duplicated with: | Rating: 92 | 2024-08-20 07:05:40 PM |
Waymo, a driverless vehicle venture owned by Alphabet, has doubled its weekly paid robotaxi rides to over 100,000 in the US. The company's co-CEO Tekedra Mawakana announced this on LinkedIn. San Francisco is now serving the most trips among the cities where Waymo operates its commercial service, which includes Phoenix, Austin, and Los Angeles. Alphabet has invested an additional $5 billion into Waymo, which started as a self-driving project in 2009.
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AIWaymo | Duplicated with: | Rating: 51 | 2024-08-20 05:15:13 PM |
