In a noteworthy political pivot, Ben Horowitz, a prominent venture capitalist and co-founder of Andreessen Horowitz, has recently announced his decision to donate to Vice President Kamala Harris’ 2024 election campaign. This shift is particularly striking given that Horowitz, just months earlier, had pledged support to political action committees endorsing former President Donald Trump. The
Enterprise
In recent weeks, Ubisoft, the renowned French video game publisher behind iconic franchises like “Assassin’s Creed,” has been at the center of market speculation and investment activities. On a day when shares spiked over 30%, attention is drawn not just to the rally in stock prices but to the underlying circumstances driving investor interest. Factors
In an unexpected turn of events, Meta’s CEO Mark Zuckerberg has claimed the title of the second richest person in the world, surpassing former Amazon head honcho Jeff Bezos. As of Thursday, Zuckerberg’s net worth surged to an impressive $206.2 billion, surpassing Bezos’s $205.1 billion, as recorded by the Bloomberg Billionaires Index. While Tesla’s Elon
In the fast-paced world of electric vehicles (EVs), Tesla remains a focal point of attention for investors and analysts alike. The company’s recent report concerning its production and delivery metrics for the third quarter of 2024 has generated significant reactions, particularly in the stock market. As revealed, Tesla delivered 462,890 vehicles and produced 469,796 units
India is on the brink of a significant technological leap as it aims to produce its first semiconductor chip within the next two years. In a recent interview with CNBC, Commerce Minister Piyush Goyal expressed optimism about the growth of the semiconductor industry in India, highlighting the increasing interest from prominent U.S. chip manufacturers like
The landscape of artificial intelligence (AI) is in an unprecedented state of evolution, with numerous companies unveiling cutting-edge products designed to optimize AI functionality. Among these innovators, Cerebras Systems has emerged as a formidable player. Announcing its plans for an initial public offering (IPO), Cerebras aims to secure a presence in the competitive market of
In a digital landscape heavily skewed toward male representation, the emergence of all-female hacker houses marks a significant stride towards inclusivity in tech-oriented communities. Molly Cantillon, a prominent figure behind this movement, exemplifies the innovative spirit that defines the genre of living labs for technologists. At only 20 years of age, Cantillon has successfully co-founded
In recent weeks, OpenAI has experienced significant turnover at the executive level, igniting apprehensions among investors regarding the company’s stability and future prospects. CFO Sarah Friar has taken proactive measures to assure stakeholders that, despite these challenges, the organization remains robust and on the cusp of significant advancements. In a communication disseminated to investors, she
OpenAI has been at the forefront of artificial intelligence innovation, particularly since the explosive popularity of ChatGPT in late 2022. However, recent developments within the organization suggest a state of uncertainty and transition. On Thursday, a major all-hands meeting revealed significant discussions surrounding CEO Sam Altman’s potential equity stake in the company—a topic fraught with
In a compelling legal development, American Eagle Outfitters has officially filed a lawsuit against Amazon, alleging that the e-commerce titan has infringed on its trademark. The heart of the matter revolves around the Aerie clothing line, a brand known for its activewear and loungewear. According to court documents, American Eagle asserts that Amazon has engaged