Market News

Munich-based Company, Hawk Secures Funding to Fight Financial Crime with AI

Hawk has raised $56 million to aid its push against financial crime with AI.

Is Google Paying AI Staff Not to Leave?

Reports suggest that Google is allegedly paying some AI staff to do nothing for a year.

Ant Group uses domestic chips to train AI models and cut costs

Ant Group has cut AI training costs by 20% using Chinese-made chips from Alibaba and Huawei, achieving performance comparable to Nvidia's H800. This cost-effective approach highlights China's push for AI

OpenAI Plans to Convene Group to Advise Its Nonprofit Objectives

OpenAI wants to put a group together to provide a direction for its nonprofit goals.

Amazon Submits Last-minute Bid to Acquire TikTok

The tech and e-commerce giant has launched a last-minute bid to acquire TikTok.

OpenAI's $10 Billion Dilemma: For-Profit Conversion or a Major Cutback?

OpenAI's funding round could be cut by $10 billion if it does not implement for-profit conversion by year-end

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.