Technology – Page 193

Business, Space, Technology

Space Data Centers: Hype vs. Reality in the AI Boom

A public exchange between OpenAI CEO Sam Altman and Tesla CEO Elon Musk has reignited debate surrounding the viability of space-based data centers, particularly for artificial intelligence applications. The dispute, which began on social media, highlights a significant divergence between ambitious projections and the current practicalities of the space-compute industry. Altman’s remarks, in response to […]

Business, Legal, Technology

Apple Alleges Former Engineer Exploited Zero-Day Bug to Exfiltrate Trade Secrets

Apple has initiated legal action against OpenAI, alleging that a former employee exploited a previously unknown security vulnerability to access and download confidential files after transitioning to a new role at the artificial intelligence firm. The lawsuit claims that Chang Liu, a former system electrical engineer at Apple, utilized a zero-day authentication bug to bypass […]

Artificial Intelligence, Business, Technology

Microsoft CEO Satya Nadella Issues Stark Warning on AI Data Risks for Businesses

Microsoft CEO Satya Nadella has voiced significant concerns regarding the potential data risks businesses face when utilizing proprietary artificial intelligence models. In a recent blog post, Nadella highlighted that companies using AI services from major labs are inadvertently paying twice for the technology. The first cost is the explicit fee for AI usage, but the […]

Artificial Intelligence, Business, Technology

AI Startup Nous Research Nears $1.5 Billion Valuation in Major Funding Round

Nous Research, the innovative startup behind the open-source AI agent known as Hermes, is reportedly in the final stages of securing a significant new funding round. The investment, expected to be led by Robot Ventures with substantial contributions from USV and other key investors, is poised to value the company at approximately $1.5 billion. Sources […]

Business, Stocks, Technology

Beyond Rides: How Uber is Quietly Transforming Into a Travel and Tech Powerhouse

Uber is actively diversifying its business model beyond its traditional ride-hailing and food delivery roots. Under the guidance of Chief Product Officer Sachin Kansal, the company is positioning travel as the “third leg of the stool.” This expansion includes integrating hotel bookings powered by Expedia directly into the app, offering “shop for me” concierge services, […]

Business, Social Networking, Technology

X Prioritizes ‘Mutuals’ in Algorithm Update, Aiming for Friendlier Interactions

Social media platform X has implemented a significant adjustment to its algorithmic ranking system, designed to enhance user experience by prioritizing content from “mutuals.” This update specifically boosts the visibility of posts from individuals whom a user follows and who also follow them back. According to Nikita Bier, X’s head of product, the previous algorithm […]

Artificial Intelligence, Business, Technology

AI Video Innovator PixVerse Secures $439M, Valuation Exceeds $2 Billion Amidst Global Expansion

Singapore-based artificial intelligence video generation startup PixVerse has successfully concluded its Series C extension round, amassing a total of $439 million in new capital. This significant funding infusion has propelled the company’s valuation beyond the $2 billion threshold. With this substantial financial backing, PixVerse is poised to broaden its world model offerings and extend its […]

Business, Retail & E-commerce, Technology

Shopping Startup Phia Faces Allegations of Affiliate Fraud

Phia, a high-profile shopping startup co-founded by Phoebe Gates and Sophia Kianni, is currently under scrutiny following allegations of ‘cookie stuffing.’ This controversial practice involves the unauthorized injection of affiliate tracking cookies into a user’s browser, potentially allowing the company to claim commissions on sales it did not legitimately facilitate. The allegations suggest that Phia’s […]

Business, Stocks, Technology

TSMC Revenue Skyrockets 68% Amid Unrelenting AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) has delivered a powerful performance update, reporting a 68% year-on-year surge in revenue for June. The world’s leading contract chipmaker generated NT$ 442.68 billion for the month, marking a 6.2% increase over May figures. This growth trajectory has pushed the company’s total revenue for the first half of 2026 to […]

Business, Stocks, Technology, Trade

Chinese EV Manufacturers Forge Global Dominance, Outpacing U.S. Rivals in Overseas Investment

Chinese electric vehicle (EV) manufacturers are significantly outspending their American counterparts in foreign investments, a trend driven by a saturated domestic market and robust global demand for affordable EVs. This aggressive international expansion is rapidly establishing Chinese firms as formidable players on the world stage. Data compiled by Atlas Public Policy, a think tank tracking […]