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Klarna IPO and ASML's Mistral bet revive Europe's tech dreams
For years, investors have been talking up Europe's potential to build valuable tech firms. Those dreams could finally be moving closer to reality.
Winklevoss-founded Gemini reportedly prices IPO at $28 per share, valuing the crypto exchange at $3.3 billion
Gemini Space Station, the operator of the cryptocurrency exchange founded by the Winklevoss brothers, has seen strong demand for its offering.
OpenAI says nonprofit parent will own equity stake in company of over $100 billion
OpenAI said that its nonprofit parent will continue to oversee the company and have a very large stake in its future.
'We will do better.' Microsoft CEO Nadella admits company has to rebuild trust with employees
Microsoft CEO Satya Nadella told employees on Thursday that the company has work to do to smooth relations with employees after layoffs.
Oracle shares retreat 6% after sharpest rally in more than 30 years
One analyst fretted that much of Oracle's planned business expansion comes from a single client: OpenAI.
Uber sued by DOJ for alleged discrimination against disabled riders
The suit seeks a jury trial and injunctive relief, monetary damages and to charge Uber a civil fine for violations of the Americans with Disabilities Act.
Alphabet, Meta, OpenAI, xAI and Snap face FTC probe over AI chatbot safety for kids
The Federal Trade Commission is issuing orders to seven companies to understand how their AI chatbots potentially negatively affect kids and teenagers.
Opendoor stock soars 65% after company names new CEO
Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors.
Alphabet's Verily covered up HIPAA violations, whistleblower says in lawsuit
Verily hired Sloan in 2020 to serve as the chief commercial officer of its diabetes and hypertension business, Onduo.
Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%
Opendoor continued its torrid run after the company announced that it's named a new CEO and added co-founded Keith Rabois to the board.
Oracle stock booms 35%, on pace for best day since 1992
The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark
Klarna opens at $52 per share in NYSE debut after pricing IPO above range
Klarna priced its IPO at $40 on Tuesday in an offering that valued the company at about $15 billion.
Nvidia, Broadcom, TSMC, other AI names rally on Oracle's massive growth projections
The biggest gainer was one of Oracle's so-called neo-cloud competitors, CoreWeave, which rose 20%.
Larry Ellison is $110 billion richer after blowout Oracle earnings report
Larry Ellison, co-founder and technology chief of database software incumbent Oracle, is closing in on his friend Elon Musk's net worth.
Amazon's Zoox jumps into U.S. robotaxi race with Las Vegas launch
Amazon's Zoox robotaxi unit is offering free rides in Las Vegas from a few locations, with plans to expand in the city.
Uber will launch Blade helicopter rides next year through expanded Joby partnership
Uber said it will bring helicopter rides as soon as next year through its partnership with Joby
Qualcomm unveils driverless tech with BMW, sees 'domino effect' of customers
Qualcomm and BMW jointly developed an automated driving system that will debut on the BMW iX3.
'We're all kind of in shock.' Oracle's revenue projections leave analysts slack-jawed
Oracle's earnings report included numbers that suggest the company's growth rate due to artificial intelligence is about to pop.
Klarna prices IPO at $40, above online lender's expected range
Klarna priced its IPO at $40 a share, an offering that values the company at about $15 billion.
Google Cloud chief details how search giants is making billions monetizing its AI products
"We've made billions using AI already," Google Cloud chief Thomas Kurian said on Tuesday.
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