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A jury found Elon Musk liable on Friday for some Twitter investor losses relating to his threat to back out of his acquisition of the social media site in 2022. Musk had struck a deal to buy Twitter for $54.20 per share in April of 2022. But in July of that year, he tried to back out ...
The Central Intelligence Agency’s venture investment arm, IQT, has invested in AI data center company Prometheus Hyperscale, which is developing campuses in Wyoming and Texas, the company said.
Wyoming has long been a location for sensitive military assets, and the CIA’s investment suggests Prometheus could potentially run national security workloads from its AI data centers.
Nvidia is so gung-ho about AI agents that it’s betting the buzzy software can power another one of its big bets: robots.
The “agentic AI system is being built for digital first,” said Deepu Talla, Nvidia’s vice president of robotics and edge AI, or AI for powering devices, in an interview on the sidelines of Nvidia’s annual GTC conference in San Jose, Calif. “You just extend it to include...
Jeff Bezos’ space firm Blue Origin asked the U.S. government for permission to launch up to 51,600 satellites that would one day handle artificial intelligence computing from orbit. The plan could put Blue Origin in competition with Elon Musk’s SpaceX, which said in a January filing that it ...
On a brisk, sunny San Francisco day last week, Asha Sharma, the new CEO of Microsoft’s $24 billion gaming business, had a very packed schedule.
The videogame industry had gathered for the Game Developers Conference at the venerable Moscone Center downtown, and Sharma had meetings with the heads of several multibillion-dollar game publishers that make the biggest and most popular games. They...
Amazon is working on a smartphone that incorporates artificial intelligence capabilities, more than a decade after the e-commerce giant tried and failed to crack the market with its Fire phone, Reuters reported on Friday. The plans indicate Amazon is taking a different approach to new AI devices ...
The Trump Administration on Friday released a framework detailing its policy approach to the AI industry, calling on Congress to pass federal laws for AI regulation that would override state legislation. A “patchwork of conflicting state laws would undermine American innovation and our ability ...
SpaceX is aiming to raise tens of billions of dollars as soon as this summer in what could be the largest initial public offering in history. While CEO Elon Musk has proven he’s uniquely skilled at convincing investors to buy into his grand visions at gigantic valuations, anyone considering buying into the SpaceX IPO may be right to ask whether its pitch is really out of this world.
SpaceX,...
Crypto wallet provider Ledger said it hired John Andrews, a former Circle executive, as its new chief financial officer as it gears up for a potential initial public offering. Ledger, founded in 2014 in Paris, is also opening a New York City office as part of a U.S. expansion. It makes revenue ...
The U.S. Justice Department has charged three Super Micro Computer employees with illegally shipping at least $2.5 billion worth of advanced AI servers to China, violating U.S. export controls. U.S. officials didn’t name the specific chips involved, though Nvidia commands a dominant share of the ...