Qualcomm Offers $4 Billion in PC Chip Sales by 2029, Going Beyond Smartphones
The Qualcomm announced on Tuesday that it expects new markets would add $22 billion in its annual revenues by 2029. Part of growth, the company said, it will rake in…
Tesla Issues Sixth Recall for Cybertruck in 2024 Over Drive Inverter Defect
The company issued a voluntary recall of 2,431 Cybertrucks meant to rectify a flaw in the drive inverter. The NHTSA filings occurred on November 13, 2024. Tesla has faced its…
Waymo Expands Self-Driving Taxi Service in Los Angeles
Alphabet-owned self-driving technology company Waymo opens the public edition of its robotaxi service today, the company's largest operational deployment to date. The Waymo One free autonomous vehicle service is now…
Qualcomm Reports Strong Q4 Earnings and Revenue, Shares Surge Following Results
Qualcomm’s income results for the fiscal year 2024’s last quarter were impressive, since the company was able to surpass the Wall Street expectations for earnings and revenue, unequivocally. The stock…
Perplexity AI Fundraising Round Close to $500M at 9 Billion Valuation
The funding received will take the total valuation of Perplexity AI, which is a notable early stage company in the AI powered internet search engine segment, to a staggering $9…
Apple Launches Beta Version of New AI Features, Including ChatGPT Integration
Apple recently released a beta version of its latest AI offerings, with such long-awaited integration with OpenAI's ChatGPT, marking yet another step forward in the company's strategy to enhance user…
Stripe Acquires Bridge Network for $1.1 Billion in Strategic Move Toward Crypto Payments
Stripe is a global payments processor that is pushing an acquisition to conclude with Bridge Network for $1.1 billion in cash. That would mark one of the biggest wins by…
Amazon Launches First Color Kindle E-Reader Priced at $279
Amazon unleashes a massive redesign of the Kindle e-reader line that heralds a new member in the nomenclature, the Kindle Colorsoft, which would be the first device from the house…
Generative AI Startups Capture 40% of Venture Capital in Cloud Sector
According to the latest Euroscape report by Accel this year, generative AI startups are raising well over 40 percent of all the venture capital funding cloud companies secured in one…
Former Humane Executives Launch Infactory, Valued at $25 Million
Two ex-Humane, the AI hardware startup, executives now run Infactory, an AI fact-checking search engine that reportedly raised $4 million at a $25 million valuation. Brooke Hartley Moy and Ken…
