Elon Musk founded xAI last summer, and today it announced raising $6 billion in funding, saying it will help bring the startup’s “first products to market, build advanced infrastructure, and accelerate the research and development of future technologies.” So far, xAI has launched Grok, a supposedly edgier version of OpenAI’s ChatGPT available via X, formerlyRead More
Intel’s chip-making division accumulated $7 billion in operating losses in 2023, Reuters reported on Tuesday. That’s a big increase from $5.2 billion it lost in 2022, and while it made $18.9 billion in revenue in 2023, that number is down 31 percent from the $27.49 billion it made the year prior. However, based on CEORead More
Global Market for Displays in AR, VR and MR to Reach US$4.6 Billion by 2034, Says IDTechEx Sam Dale, Technology Analyst Author: Sam Dale, Technology Analyst at IDTechExSpatial computing promises to transform the way people interact with their devices as computing goes truly 3D, with early signs of change already underway. While Apple’s upcoming Vision ProRead More
As ESPN’s future drifts in the direct-to-consumer wind, a deal with Penn Entertainment will let the sportsbook rename existing properties, like its Barstool Sportsbook, to ESPN Bet. In return, Penn is scheduled to pay ESPN $1.5 billion over the next ten years, as well as $500 million in warrants to buy shares of the operationRead More
On Monday, a California judge denied Google’s request for summary judgment in a lawsuit filed by users alleging the company illegally invaded the privacy of millions of people. The people suing Google say that occurred because Google’s cookies, analytics, and tools in apps continued to track internet browsing activity even after users activated Incognito modeRead More
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