Albert Liu, founder and CEO of Kneron. Harry Murphy | Sportsfile | Getty Images Kneron, a U.S.-based semiconductor startup, said on Tuesday it raised a fresh round of funding as it looks to ramp up the commercialization of its artificial intelligence chips, which it hopes will rival Nvidia’s. The company said it raised an additional $49 million, bringing its total […]
Yuichiro Chino | Moment | Getty Images Tokenizing real-world assets on a blockchain is one of the buzziest topics of the year, and this time it isn’t just coming from financial incumbents like Citi, JPMorgan and Northern Trust, it’s coming from crypto native players, too. The initial hype around tokenization using blockchains began around 2015 among banks who said they […]
Microsoft submitted a new proposal to U.K. regulators for the takeover of American game publisher Activision Blizzard after its initial proposal was rejected. Nurphoto | Nurphoto | Getty Images LONDON — The U.K.’s competition regulator on Friday said Microsoft‘s restructured takeover proposal of Activision Blizzard, submitted in August, “opens the door to the deal being cleared.” The U.K. Competition and […]
Andrew Bialecki, CEO and co-founder of Klaviyo, poses for a portrait in Boston on Sep. 5, 2019. Barry Chin | Boston Globe | Getty Images Marketing automation company Klaviyo secured a valuation of $9.2 billion in its initial public offering (IPO) on Tuesday, after pricing the share sale above its indicated range, according to people familiar with the matter. Klaviyo […]
Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Turkish President Recep Tayyip Erdogan invited Elon Musk to build his next Tesla factory in Turkey, the country’s state media reported Monday. Erdogan on […]
Oracle Co-founder Larry Ellison, left, and Microsoft Co-founder Bill Gates watch a match between Gael Monfils of France and Alexander Zverev of Germany during the BNP Paribas Open in Indian Wells, Calif., on Oct. 13, 2021. Sean M. Haffey | Getty Images Larry Ellison, the co-founder, chairman and chief technology officer of Oracle, has been going up against Microsoft in […]
The co-founder of Ethereum, Joseph Lubin, said “clear heads will prevail” as the U.S. Securities and Exchange Commission continues to dispute with crypto firms in court over whether crypto tokens are considered securities. “I anticipate that, with previous technologies like the internet, the web and cryptography, clear heads will prevail,” Lubin told CNBC’s “Capital Connection” on Thursday. “America will see […]
Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs to be “user first” and “AI-driven,” new CEO Eddie Wu told employees on Tuesday, as he laid out the strategic priorities for the Chinese tech giant. Wu, who is just […]
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Author Walter Isaacson took to social media to try to “clarify” an excerpt from his upcoming […]
German Chancellor Olaf Scholz (SPD,l.), and Ola Källenius, Chairman of the Board of Management of Mercedes-Benz AG, visit the Mercedes stand during the opening of the IAA. Sven Hoppe | Picture Alliance | Getty Images Munich, GERMANY — The IAA Mobility motor show is taking place in Munich, Germany this week, and there is no shortage of cars on display. […]
