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Category Archives: Tech
AI chip giant Nvidia shares fall despite record sales
The California-based technology giant has been one of the biggest beneficiaries of the AI boom.
Nvidia’s earnings report shows the problem of being priced for perfection
Nvidia topped Wall Street estimates across the board in its earnings report on Wednesday, though its gross margin showed slight slippage.
Telegram boss banned from leaving France in criminal probe
He has been placed under formal investigation as part of a probe into organised crime on the messaging app, French prosecutors say.
Are AI-created recipes hard to swallow?
Chefs are increasingly using AI to dream up new food combinations, but the results are mixed.
Apple introduces AI-powered object removal in photos with the latest iOS update
Apple released the new developer betas for iOS 18.1, iPadOS 18.1, and macOS 15.1 Sequoia. With this update, the company is launching new Apple Intelligence features including the ability to remove objects from photos. The feature, called Clean Up, lets … Continue reading
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NEA quietly reenters the secondaries market
New Enterprise Associates (NEA) is getting back into the secondaries game. The Silicon Valley-based VC raised more than $468 million for NEA Secondary Opportunity Fund, according to an SEC filing. The fundraise closed on July 3, according to a source … Continue reading
Affirm shares surge 16% after better-than-expected results, strong guidance
Affirm shares jumped Wednesday in after-hours trading following a beat on the top and bottom lines.
One of Bolt’s proposed new backers, The London Fund, has been scrubbing its web page
One-click checkout tech company Bolt is still waiting to find out if shareholders will sign off on a proposed funding round with stipulations that founder Ryan Breslow would return as CEO. In the meantime, Axios’ Dan Primack did some digging around on The London … Continue reading
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Telegram CEO charged with allowing criminal activity by French prosecutors
French prosecutors on Tuesday charged Telegram CEO Pavel Durov with enabling criminal activity on the messaging platform.
OpenAI reportedly in talks to close a new funding round at $100B+ valuation
Whatever size the tranche ends up being it’ll be OpenAI’s biggest outside infusion of capital since January 2023. © 2024 TechCrunch. All rights reserved. For personal use only.
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