Tag: Business
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OpenAI files for US IPO after Anthropic as AI giants head to public markets
June 8 : ChatGPT-maker OpenAI confidentially filed for a U.S. initial public offering on Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom.OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet b
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Apple partnering with Google and Nvidia for most advanced AI model
Apple’s artificial intelligence strategy took center stage at its Worldwide Developers Conference in Cupertino, Calif.
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Apple rolls out new, AI-powered Siri at annual WWDC
CUPERTINO: Apple on Monday (Jun 8) unveiled a new, AI-powered version of Siri that is capable of analysing what is on the device screen and reaching out to the web for m
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Bolt, Stellantis, Pony.ai to launch autonomous vehicle test program in Luxembourg
June 8 : Estonian vehicle sharing platform Bolt will launch its first autonomous mobility test program in Luxembourg in collaboration with carmaker Stellantis and Chinese robotaxi operator Pony.ai, the companies said on Monday. • The announcement followed a joint declaration of intent signed by 18 European
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Airlines find the grass isn’t always greener with new engines
Airline CEOs complained that engine makers aren’t making enough of their engines or that they’re reliable enough.
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ENERGY WATCH: Mideast flare-up
June 8 : Breaking down what matters today in global energy marketsBy Ron Bousso, ROI Energy ColumnistThe shaky two-month-long ceasefire between the United States, Israel and Iran was rattled again on Sunday when Iran launched a salvo of missiles at Israel over its attacks in Beirut, prompting I
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As Apple’s WWDC conference kicks off, investors want to know if AI will save Siri
CUPERTINO, California, June 8 : Apple on Monday will test its standing in the AI race, with analysts expecting the iPhone maker to open its developer conference with a long-awaited Siri overhaul and tools to tap the computing power of its 2.5 billion devices.Apple CEO Tim Cook kicked off the event by saying t
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How SpaceX President Gwynne Shotwell has achieved Musk’s lofty ambitions
June 8 : When SpaceX goes public on Friday with what is expected to be a record-setting IPO, it will cap two decades of founder and CEO Elon Musk’s ambition to transform rocketry, satellite communications and humanity’s reach into space.Each step of the way, there has been a guiding hand largely out of view
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