Published on: 2025-06-04 01:16:11
In Brief Elon Musk’s brain computer interface startup Neuralink closed a $650 million funding round, the company announced in a blog post on Monday. The Series E fundraise included investors such as ARK Invest, Founders Fund, Sequoia Capital, and Thrive Capital, among others. Neuralink last raised a $280 million Series D funding round in 2023, with an additional $43 million tranche added months later. Since then, Neuralink’s brain chip technology has made some significant leaps. The company s
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Find related items on AmazonPublished on: 2025-06-04 05:47:05
Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That’s an up-to-$11.2-billion market cap. At the mid-range, the company will raise $800 million for itself and a handful of investors, including European VC powerhouse Cathay Innovation, who plan to sell some shares in the IPO. Even in these slow IPO times, this wouldn’t be the biggest IPO of 2025. Coreweave, which raised $1.5 billion, and was valued at $23 billion, ho
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Find related items on AmazonPublished on: 2025-06-04 09:02:13
Elyse Betters Picaro / ZDNET How many people visit AIs like ChatGPT, Copilot, and Google Gemini each month? Whether you're just curious about such stats or need them for your own business or research, you can now turn to Comscore for the answers. On Thursday, the analytics firm announced that it has officially added AI usage information to its regular analysis. Comscore clients will be able to find out the number of monthly visits for 117 different AI tools across nine categories, covering bot
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Find related items on AmazonPublished on: 2025-06-04 17:00:49
For over a decade, researchers have suggested a high possibility of our Milky Way galaxy smashing into neighboring galaxy Andromeda around 5 billion years from now. The collision would merge the two galaxies into a single (very creatively named) “Milkomeda”—but new research now indicates that this is less likely than previously assumed. Integrating new data from the Gaia and Hubble telescopes, an international team of researchers has simulated our galaxy’s movement for the next 10 billion years
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Find related items on AmazonPublished on: 2025-06-05 10:50:00
Big quote: Nvidia has been raking in record-breaking revenue from its AI data center business. But this time it was the gaming division that unexpectedly stole some of the spotlight. For Q1 FY26, Nvidia's gaming revenue surged to a record $3.8 billion, up 42% year-over-year and 48% quarter-over-quarter. That's the fastest growth rate the gaming GPU segment has seen in years, and even exceeding Wall Street's expectations by over 30%. As for what's behind the surge, analysts says it's all got to
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Find related items on AmazonPublished on: 2025-06-05 21:10:00
Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Zscaler shares jumped about 10% Friday after reporting stronger-than-expected results in the third fiscal quarter driven by artificial intelligence and widespread adoption of its zero-trust security platform. "The proliferation of AI in all aspects of business is increasing the need for our AI security," said CEO Jay Chaudhry in a release. "We empower customers to securely adopt both public GenAI apps and their
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Find related items on AmazonPublished on: 2025-06-06 05:45:49
The Department of Energy announced today that it would be clawing back $3.7 billion worth of awards made under the Biden administration for clean energy and manufacturing. Large corporations and growing startups were caught up in the decision. Energy secretary Chris Wrights said the moves were “due diligence” on the part of the Trump administration. His statement did not cite specific reasons why the projects were canceled, but pointed to a memorandum he issued on May 15, which suggests that th
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Find related items on AmazonPublished on: 2025-06-06 09:49:36
Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Zscaler shares jumped 9% Friday after reporting stronger-than-expected results in the third fiscal quarter driven by artificial intelligence and widespread adoption of its zero-trust security platform. "The proliferation of AI in all aspects of business is increasing the need for our AI security," said CEO Jay Chaudhry in a release. "We empower customers to securely adopt both public GenAI apps and their own pri
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Find related items on AmazonPublished on: 2025-06-06 09:05:00
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought more than just Nvidia’s earnings reports; startups and VCs also had some news — quieter perhaps, but still worth paying attention to, especially where AI is involved. Most interesting startup stories from the week Image Credits:Cheng Xin / Contributor / Getty Images AI once again drove a large share of overall startup acti
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Find related items on AmazonPublished on: 2025-06-06 13:15:57
The Trump administration has canceled a $766 million contract with Moderna for the development of a human bird flu vaccine, the pharmaceutical company announced Wednesday. The Biden administration signed a $176 million deal with Moderna last year for the development of an mRNA-based shot targeting the virus that causes bird flu, H5N1. Then, earlier this year, Biden’s Department of Health and Human Services awarded the drugmaker an additional $590 million for late-stage development of the vaccin
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Find related items on AmazonPublished on: 2025-06-06 13:25:00
On May 6, WhatsApp scored a major victory against NSO Group when a jury ordered the infamous spyware maker to pay more than $167 million in damages to the Meta-owned company. The ruling concluded a legal battle spanning more than five years, which started in October 2019 when WhatsApp accused NSO Group of hacking more than 1,400 of its users by taking advantage of a vulnerability in the chat app’s audio-calling functionality. The verdict came after a week-long jury trial that featured several
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Find related items on AmazonPublished on: 2025-06-06 16:50:12
Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Zscaler shares jumped 8% Friday after reporting stronger-than-expected results in the third fiscal quarter driven by artificial intelligence and widespread adoption of its zero-trust security platform. "The proliferation of AI in all aspects of business is increasing the need for our AI security," said CEO Jay Chaudhry in a release. "We empower customers to securely adopt both public GenAI apps and their own pri
Keywords: ai estimate million security zscaler
Find related items on AmazonPublished on: 2025-06-07 05:30:35
Disney Plus and Hulu have come up with a new idea to draw in subscribers: an updated "Perks" program. If you sign up for a subscription with either of those services, Perks will give you freebies like a six-month DoorDash membership, discounted stays at Walt Disney World and 20 percent off Adidas shoes. You'll even get a shot at winning items from Hulu shows, like actual A Handmaid's Tale robes and wings (which seems a bit on the nose in our current times). The offer is now available to current
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Find related items on AmazonPublished on: 2025-06-08 05:12:21
Shares of Dell Technologies rose on Thursday in extended trading after the company raised its full-year earnings forecast and issued a stronger-than-expected forecast for the current quarter. However, Dell's adjusted earnings per share came up short versus LSEG estimates on in-line revenue. Here's how the computer maker did versus LSEG consensus estimates: Earnings per share : $1.55 adjusted vs. $1.69 estimated : $1.55 adjusted vs. $1.69 estimated Revenue: $23.38 billion vs. $23.14 billion e
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Find related items on AmazonPublished on: 2025-06-08 09:11:31
An accused movie pirate who stole more than 1,000 Blu-Ray discs and DVDs while working for a DVD manufacturing company struck a plea deal this week to lower his sentence after the FBI claimed the man's piracy cost movie studios millions. Steven Hale no longer works for the DVD company. He was arrested in March, accused of "bypassing encryption that prevents unauthorized copying" and ripping pre-release copies of movies he could only access because his former employer was used by major movie stu
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Find related items on AmazonPublished on: 2025-06-08 13:00:10
Sam Altman, CEO of OpenAI, is seen through glass during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. Elon Musk tried to derail a major artificial intelligence infrastructure deal in the Middle East after learning that his startup, xAI, would be excluded from the initiative, CNBC has confirmed. Earlier this month, OpenAI, Oracle, Nvidia, Cisco and Emirati firm G42 announced plans to build a sweeping Stargate AI campus in the United Arab Emirate
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Find related items on AmazonPublished on: 2025-06-09 01:08:00
Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust What just happened? Nvidia has announced first quarter results for fiscal 2026 and judging by early numbers, the April downturn looks to be well in the rear view. Nvidia reported revenue of $44.1 billion for the three-month period ending April 27, 2025, an increase of 12 percent quarter over quarter and up a whopping 69 percent from the same period a year earlier. For comparison, analysts polled by
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Find related items on AmazonPublished on: 2025-06-09 00:56:31
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Salesforce shares slumped about 6% despite topping Wall Street's fiscal first-quarter estimates and lifting its full-year guidance due to artificial intelligence tailwinds. The sales and customer service software giant said it now expects $11.27 to $11.33 in adjusted earnings per share and $41.0 billion to $41.3 billion in revenue for the fiscal y
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Find related items on AmazonPublished on: 2025-06-09 01:33:21
Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this month, and has just updated the filing with an expected pricing range of $18 to $20 per share. Omada said it plans to sell 7.9 million shares in the offering. The size of the offering and share price could change, and the market cap could be hi
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Find related items on AmazonPublished on: 2025-06-09 01:00:00
A new Apple-funded study performed by Analysis Group says that the United States App Store “facilitated over $400 billion in developer billings and sales in 2024.” This marks 2.9x growth in the ecosystem since 2019, according to the study. In a press release today, Apple touted: Apple today announced the App Store ecosystem in the U.S. facilitated $406 billion in developer billings and sales in 2024, according to a study conducted by Professor Andrey Fradkin from Boston University Questrom Sch
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Find related items on AmazonPublished on: 2025-06-08 17:20:31
In Brief To comply with the U.S.’ restrictions on exporting advanced semiconductor technology to China, chipmakers Nvidia and AMD will soon begin selling new GPUs made for AI workloads in China, Taiwanese tech publication Digitimes reported, citing supply chain sources. Nvidia plans to sell a stripped-down AI GPU, code-named “B20,” while AMD is looking to target AI workload needs with its new Radeon AI PRO R9700 workstation GPU, DigiTimes reported, adding that the companies will likely start s
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Find related items on AmazonPublished on: 2025-06-09 01:59:37
Just ahead of its Worldwide Developers Conference next month, Apple on Thursday announced new figures related to the U.S. App Store’s financial success. The company says its U.S. App Store ecosystem has generated $406 billion in developer billings and sales in 2024 — a figure that’s nearly tripled in size since 2019, when it then generated $142 billion. Apple also made a point to note that, for 90% of the billings and sales facilitated by the App Store, developers paid no commission. The new f
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Find related items on AmazonPublished on: 2025-06-09 09:54:00
In context: For decades, Capcom primarily sold arcade and console games, but the company's sales have gradually shifted toward PC in recent years. Capcom's latest financial statement reveals that franchises such as Monster Hunter and Resident Evil continue to drive growth as they reach new sales milestones. Capcom's fiscal report for the year ended March 31 shows that the company's PC game sales are widening their lead over consoles. Despite its origins in the arcade and console industries, Cap
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Find related items on AmazonPublished on: 2025-06-09 09:07:26
Zeal Capital Partners announced on Wednesday the close of its second fund, raising $82 million. Limited partners in the fund include Citi Impact Fund, M&T Bank, Wells Fargo, and Spelman College. It hopes to invest in at least 25 early-stage companies, writing check sizes between $1 million and $2.3 million, with 50% of the fund reserved for follow-on investments. Speaking to TechCrunch, Nasir Qadree, founder and managing partner of Zeal, said Fund II will focus on financial technology, healthca
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Find related items on AmazonPublished on: 2025-06-09 23:20:31
In Brief To comply with the U.S.’ restrictions on exporting advanced semiconductor technology to China, chipmakers NVIDIA and AMD will soon begin selling new GPUs made for AI workloads in China, Taiwanese tech publication Digitimes reported, citing supply chain sources. NVIDIA plans to sell a stripped-down AI GPU, code-named “B20,” while AMD is looking to target AI workload needs with its new Radeon AI PRO R9700 workstation GPU, Digitimes reported, adding that the companies will likely start s
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Find related items on AmazonPublished on: 2025-06-10 09:03:10
As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell its H20 AI chip to companies in China. The chipmaker also reported that it was unable to ship an additional $2.5 billion of H20 revenue in the quarter due
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Find related items on AmazonPublished on: 2025-06-10 09:31:26
Horizon3.ai, a cybersecurity startup that provides tools like autonomous penetration testing, is seeking to raise $100 million in a new funding round and has locked down at least $73 million, the company revealed in an SEC filing this week. NEA led the round, according to two people familiar with the deal. One person said that the startup is believed to be valued upward of $750 million, although TechCrunch couldn’t verify whether that valuation is pre- or post-money. Another person believes the
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Find related items on AmazonPublished on: 2025-06-10 13:55:04
Jensen Huang, co-founder and CEO of Nvidia, speaks during a news conference in Taipei on May 21, 2025. Nvidia reported better-than-expected earnings and revenue on Wednesday, as the company's booming data center business recorded year-over-year growth of 73%. The stock rose about 4% in extended trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share : 96 cents adjusted vs. 93 cents estimated : 96 cents adjusted vs. 93 cents estimated Rev
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Find related items on AmazonPublished on: 2025-06-10 13:45:41
Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Salesforce shares were volatile in extended trading on Wednesday after the sales and customer service software maker reported upbeat fiscal first-quarter results and guidance. Here's how the company performed relative to LSEG consensus: Earnings per share: $2.58 adjusted vs. 2.54 expected $2.58 adjusted vs. 2.54 expected Revenue: $9.83 billion vs. $9.75 billion expect
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Find related items on AmazonPublished on: 2025-06-10 13:32:00
Nvidia, the AI and graphics chip company driving societal changes with AI, reported revenue for the first quarter ended April 27, 2025, was $44.1 billion, up 12% from the previous quarter and up 69% from a year ago. On April 9, 2025, the U.S. government told Nvidia that a license is required for exports of its H20 products into the China market. As a result of these new requirements, Nvidia incurred a $4.5 billion charge in the first quarter of fiscal 2026 associated with H20 excess inventory a
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