Astera Labs closed its series D funding round in November last year with $150 million at a valuation of about $3.15 billion.
The launch of the upcoming AI tools comes shortly after the company’s first interaction with generative AI. In August, Walmart introduced an AI tool tailored to serve the needs of up to 50,000 corporate employees.
Analysts at KeyBanc downgraded Apple shares from ‘Overweight’ to ‘sector-weight’ citing a weaker sales growth outlook.
SAS will leave exchanges as part of its restructuring deal, in addition to splitting equity and debt among members of a takeover consortium.
The updated vaccine specifically addresses the XBB.1.5 subvariant of the Omicron variant, which has raised concerns due to its potential to evade immunity conferred by earlier versions of the vaccine.
Analysts have warned that the rise in the bond yields could pose significant challenge to equity market and other risky investments like crypto.
Softacom CEO predicted that Artificial General Intelligence (AGI) would be realized within the next decade.
Half of Sandoz’s revenue comes from Europe. Thus, it will be looking to leverage its brand presence in Europe for further growth.
One of the primary drivers of the recent tech stock downturn is the surge in bond yields.
Amazon generated approximately $1 billion in revenue using “Project Nessie” before discontinuing it in 2019.
Intel is making a strong push in the semiconductor industry with FPGAs, which can be highly flexible, efficient, and used in various industries, are in high demand.
Today, all employees of the FAST unit will be notified about their further status. Currently, there are 600 workers under the FAST division. It is not clear how many people will lose their jobs at Reality Labs.
It remains unclear whether the Orama purchase will directly result in the development of crypto-related products and services at BTG Pactual.
A substantial group of Evergrande’s offshore creditors is considering joining a liquidation court petition against the developer if it fails to submit a new debt restructuring plan by the end of October.
Visa considers itself a pioneer in AI usage in payments. Reports suggest that the company sees the funding initiative as a chance to maintain its leadership in using AI.