Tech companies head to Las Vegas to tout health AI tools

Tech companies head to Las Vegas to tout health AI tools

Visitors check out Nvidia’s AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024. Costfoto | Nurphoto | Getty Images Nvidia, Google, Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time.  Sunday … Read more

Generative AI startups get 40% of all VC investment in cloud: Accel

Generative AI startups get 40% of all VC investment in cloud: Accel

Style-photography | Istock | Getty Images Generative artificial intelligence startups are getting 40% of all the venture capital funding that flows into cloud companies, according to venture investors Accel. In its latest annual Euroscape report, which looks at key cloud and AI trends, Accel said that venture funding for cloud startups based in the U.S., … Read more

European founders call for single EU startup body to boost tech sector

European founders call for single EU startup body to boost tech sector

Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images Founders of some of Europe’s largest technology unicorns on Monday backed an open letter calling for a “tech renaissance” fueled by the creation of a single pan-European entity to promote startups and innovation in … Read more

Big Tech turns to nuclear energy to fuel power-intensive AI ambitions

Big Tech turns to nuclear energy to fuel power-intensive AI ambitions

The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms … Read more

UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment

UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment

Britain’s Prime Minister Keir Starmer delivers a speech on stage during the International Investment Summit, held at The Guildhall, in central London, on October 14, 2024. Jonathan Brady | Afp | Getty Images LONDON — The U.K.’s Labour government said Monday that it had secured £63 billion ($82 billion) in fresh investment at the close … Read more

Tesla robotaxi event comes after years of Elon Musk’s missed deadlines

Tesla robotaxi event comes after years of Elon Musk’s missed deadlines

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters With Tesla’s hotly anticipated robotaxi event hours away, investors will soon get a glance at what … Read more

Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

Ride-sharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

The Uber logo is seen in the rain in Krakow, Poland, on Jan. 6, 2024. Klaudia Radecka | Nurphoto | Getty Images Tesla‘s hyped robotaxi unveiling posed a threat to Uber‘s ride-sharing aspirations, but it has turned into a boon for the stock instead. Uber shares had been falling on the initial investor excitement leading up … Read more

Microsoft will let people buy games in Xbox Android app in November

Microsoft will let people buy games in Xbox Android app in November

Phil Spencer, CEO of Microsoft Gaming, speaks at the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft will allow people to buy and play video games through its Xbox app for Android starting in November, the company said on Thursday. The move is an immediate … Read more

Nvidia stock up 25% in a month as stock closes in on new record

Nvidia stock up 25% in a month as stock closes in on new record

Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings season in the coming weeks, when top customers like Meta, … Read more

HSBC exec says there’s a lot of AI ‘success theater’ in finance

HSBC exec says there’s a lot of AI ‘success theater’ in finance

Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when it comes to the needs of businesses in sectors like law, finance, and health care. Jaap Arriens | NurPhoto via Getty Images   LONDON — Increasingly many financial services firms are touting the benefits of artificial … Read more