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AI
Hitachi Stock Soars to Highest Gain Since April Following OpenAI Collaboration
Hitachi Ltd. shares surged by 9.3%, marking their highest increase since April, following a strategic partnership announcement with OpenAI. On October 2, Hitachi revealed...
AI
OpenAI Achieves Landmark $500 Billion Valuation with Successful Share Sale
OpenAI has finalized a significant agreement enabling current and former employees to sell approximately $6.6 billion in shares, elevating the company’s valuation to $500...
AI Hacker News
Meta Reportedly Acquires Chip Startup Rivos to Enhance AI Initiatives
Meta Platforms Inc. Expands Its AI Arsenal with Rivos Acquisition
Meta is stepping up its game in the artificial intelligence landscape by acquiring...
AI
Vercel Achieves $9.3 Billion Valuation in Recent AI Funding Round
Vercel, an innovative artificial intelligence startup, has successfully raised $300 million in a funding round, propelled by leading investors Accel and Singapore’s sovereign wealth...
AI
The Hidden Pitfalls of Nvidia and OpenAI’s $100 Billion Success Loop
Tech giants Nvidia and OpenAI have initiated a substantial $100 billion feedback loop this week, indicating robust growth in the AI and tech sectors....
AI Hacker News
Robotics Startup Figure AI Secures $39 Billion Valuation with Latest Funding Round
🚀 Exciting Developments in AI Robotics! 🤖
Figure AI Inc. is making headlines as it secures over $1 billion in committed capital during a financing...
AI Hacker News
Is the AI Boom Sustainable or Just a Bubble?
Summary of Anthropic’s AI Business Landscape
The soaring valuation of Anthropic at $183 billion raises eyebrows amidst a cash-burning trend in AI. While investors showcase...