Eden AI Secures €3M to Enhance AI Integration Platform
Eden AI secures €3M in seed funding led by Galion.exe. The platform simplifies AI integration for diverse business needs. Funding…
Faircraft Secures €15M to Expand Lab-Grown Leather Production
Faircraft raised €15M for lab-grown leather production expansion. Producing lab-grown leather involves cellular biology and master tanners. Faircraft works towards…
Nvidia Plans to Expand AI Capabilities
Nvidia plans extensive AI growth, focusing on new AI data centers. Challenges include scalability and overheating issues with new GPUs.…
Elon Musk’s xAI Secures $5 Billion, Valuation Doubles
xAI raised $5 billion, now valued at $50 billion. Funds will enhance AI capabilities with Nvidia chips. AI investments show…
Nvidia Reports Strong Revenue but Faces Investor Concerns
Nvidia's earnings report surpassed Wall Street's estimates for fourth-quarter revenue. Despite strong revenue, investor concerns emerged, affecting Nvidia's stock performance.…
Nubank Considers Relocating Legal Base to the UK
Nubank considers moving legal base from Cayman Islands to the UK. Potential transition aims at aligning with UK financial frameworks.…
HarperCollins Partners with Microsoft for A.I. Model Training
HarperCollins collaborates with Microsoft for A.I. training using nonfiction titles. The agreement includes revenue sharing and author consent requirements. Concerns…
Judge Decides Not to Imprison Former FTX Executive Gary Wang
FTX's Gary Wang avoids prison due to cooperation with authorities. Judge Kaplan highlights Wang's lesser culpability in FTX fraud. Wang…
McHenry Criticizes Banking Regulators for Outdated Approaches
Banking regulatory leadership in the U.S. is expected to change. Rep. McHenry criticized regulators for outdated strategies. The cryptocurrency bill…
Nvidia-Linked ETFs Surge in 2024 as Market Dynamics Shift
2024 saw Nvidia-linked ETFs outperforming, reflecting AI's market impact. ETFs like T-Rex 2X and GraniteShares achieved over 400% growth. Nvidia's…
