Apple and Broadcom Join Forces to Develop Cutting-Edge AI Server Chip
Apple Inc. is reportedly working with Broadcom Inc. to develop a specialized server semiconductor for AI applications, expected to be ready by 2026 and intended for internal use.
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ServiceTitan's Successful US IPO: Raising $625 Million and Valuing at $6.30 Billion
ServiceTitan priced its U.S. IPO at $71 per share, raising about $624.8 million and valuing the company at $6.30 billion. The company plans to use the proceeds to increase capitali...
Meta Platforms Apps Face Widespread Disruptions, Users Complain
Thousands of users experienced disruptions across Meta Platforms Inc.'s social media apps on Wednesday, including Instagram, WhatsApp, Facebook, Facebook Messenger, and Threads, ac...
Adobe's Impressive Q4 Revenue Surges to $5.6 Billion, Driven by Strong Growth
Adobe Inc. reported a 11% increase in Q4 revenue to $5.61 billion, with net income rising 13% to $1.68 billion. The company also repurchased 4.6 million shares and set new FY24 rec...
US Set to Tighten AI Chip Export Rules to Block China's Access
The US plans to tighten export rules on AI chips to block China's access through third-party countries, targeting high-bandwidth memory chips essential for AI model training.
Kraken Crypto Exchange Fined $5.1 Million by Australian Regulators
Australia's federal court orders Kraken's local operator, Bit Trade, to pay an $8 million fine for unlawfully issuing a credit facility to over 1,100 customers, marking the first p...
OpenAI Addresses Global ChatGPT Outage and Sora Issues
OpenAI apologizes for a global outage affecting ChatGPT, its API, and the Sora video generation model. The disruption coincided with ChatGPT's integration with Apple's Siri, raisin...
Texas Plane Crash: Pilot Survives, Four Injured on Highway
A twin-engine propeller aircraft crashed onto a Texas highway, causing four injuries. Three individuals sustained non-life-threatening injuries, while one was taken to a hospital. ...
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