Tag: Breaking News: Technology
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AI memory startup focused on cutting token costs raises $98 million
Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.
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Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants
“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” Oracle said.
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AI groups spend $20 million going head-to-head in New York race pitting Bores, Lasher, Schlossberg
Companies are spending big to shape AI policies at the federal level. And the Manhattan House Democratic primary will be a test of where voters stand.
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SpaceX drops more than 3% following $400 billion selloff
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
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Ro Khanna challenges Elon Musk to televised debate after online DOGE battle
Rep. Ro Khanna, D-Calif., has been a critic of the Elon-Musk-led Department of Government Efficiency cuts.
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Alphabet paces for worst day in a year on AI concerns after high-profile exits
Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.
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These 2 stocks could be big winners from the next generation of AI chips
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Meta’s WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah
Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.
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SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion
SpaceX has turned its Colossus data center into a commercial computing power platform, landing recent deals with Anthropic, Google and Cursor.
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SpaceX makes bond sale days after record IPO, discloses over $100 billion cash pile
SpaceX on Monday unveiled a senior unsecured notes offering and said it held about $100.8 billion in cash.
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