Mistral AI reached its Series A funding goal in France. Bloomberg reports that the company raised €385 million, or $415 million at today’s exchange rate, worth $2 billion. Today, Mistral AI unveils its commercial platform. Google’s DeepMind and Meta alumni founded Mistral AI to create open-technology foundational models. It raised …
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Current U.S. efforts to slow China’s technological advancement focus on semiconductors. Washington targets electric vehicle batteries, another rapidly growing Chinese tech sector. This month, Treasury and Energy Department proposals would reduce tax credits for electric vehicle buyers who use battery materials from China and other “hostile” countries. EVs made in …
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Tesla is launching its long-awaited Cybertruck electric pickup. The boxy car is Tesla’s first new model since 2020’s Model Y. At a 2019 event, Tesla CEO Elon Musk showed off an early version of Cybertruck, which accidentally smashed two windows while demonstrating its durability. Find answers to common questions about …
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Sam Altman is back as OpenAI CEO after a rough week. OpenAI’s new board replaced most of the board that tried to oust Altman before Thanksgiving. Altman announced in a letter circulated internally at OpenAI and published on the OpenAI blog that Mira Murati, who was briefly appointed interim CEO …
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Want to keep a Google account you haven’t used in a while? Log in soon before it’s deleted. Google will delete inactive accounts after two years on Friday, December 1, 2023. It’s likely to free up server space and protect privacy, according to the company. Google warned in May 2023 …
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Foxconn is investing $1.54 billion in an iPhone manufacturing plant in India, doubling its investment. Foxconn has increased production in India since leaving a $19.5 billion processor manufacturing joint venture with Vedeanta. Foxconn invested $500 million in two Karnataka, southern India, plants in August 2023. Foxconn parent company Hon Hai …
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Fidelity National Financial, the “leading provider of title insurance and escrow services and North America’s largest title insurance company,” announced a cyberattack on Tuesday. Since then, homeowners with mortgages and prospective buyers buying properties from FNF or one of its many subsidiaries have been confused and worried about what to …
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In the development of autonomous vehicle technologies, Nvidia has provided graphic processing units that can perform millions of calculations. A semiconductor giant is seeking Chinese talent to boost its AV game. In a Tuesday WeChat post, the company announced the hiring of two dozen autonomous driving team members in Beijing, …
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Documents that showed the Fearless Fund’s Strivers Grant Program was in danger before Edward Blum’s American Alliance for Equal Rights sued it in August. The foundation arm of the fund held a company offsite in June, two months before the lawsuit, and marked the Mastercard-sponsored Strivers Grant Program as “at …
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Following South Asian revenue growth, Foxconn will invest $1.54 billion in India, the latest expansion plan. Foxconn said in a stock exchange filing that the investment will meet “operational needs.” The investment comes two months after the Taiwanese company announced it would double its Indian workforce and investment by next …
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