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Apple Bought Yet Another AI Startup
Apple has acquired Datakalab, a French artificial intelligence startup specializing in on-device AI processing, computer vision technology, and deep learning algorithms. Read more
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Short sellers pocket record weekly profit from Big Tech selloff
Traders who bet against the “Magnificent 7” group of big U.S. tech stocks booked their biggest-ever weekly profit of more than $10 billion last week, with the biggest gains coming from their short position in shares of Nvidia and Tesla. Read more
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Meta Opens Horizon OS to Third Parties
This move is set to expand the ecosystem and potentially disrupt the current market dynamics dominated by major players like Apple and Meta itself. Read more
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Amazon’s Secret ‘Big River’ Ops
This operation, initiated under the code name “Project Curiosity” in 2015, involved Amazon creating a subsidiary called Big River Services International. The primary objective of this subsidiary was to operate undercover by selling products on other platforms. Read more
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US House moves to ban TikTok
The U.S. House of Representatives has recently passed legislation that could lead to a ban on TikTok in the United States, marking a significant development in the ongoing scrutiny of the social media platform’s ties to its Chinese parent company, ByteDance. Read more
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New Rapidly Charging Sodium Battery
The recent advancements in sodium-ion battery technology have led to the development of new batteries capable of rapid charging, significantly enhancing their potential for widespread use in various applications. Read more
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Meta released Llama 3
Meta has officially released Llama 3, a new series of open-source large language models (LLMs) that include several advancements and features designed to enhance AI applications across various platforms Read more
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Mistral is raising at $5b valuation
The company has experienced a rapid increase in valuation, with a previous investment round in December raising $415 million and valuing the company at $2 billion. Read more
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Boston Dynamics debuts humanoid robot
This new Atlas robot features advanced capabilities, including 360-degree joints that allow for a wide range of inhuman movements, making it the “world’s most dynamic humanoid robot”. Read more
