Amazon-backed AI startup Anthropic skyrocketed to a staggering $61.5 billion valuation after securing a $3.5 billion mega funding round led by Lightspeed Venture Partners, fueling its ambitious plans to expand compute power, advance AI research, and accelerate global expansion.
Nvidia's CEO Jensen Huang revealed that the company's revenue in China was slashed in half due to export controls, shedding light on the significant impact of trade restrictions on the tech giant's business operations in the Chinese market.
In a stunning $93M hacking scheme, Russian tech exec Vladislav Klyushin was arrested, convicted, and later swapped in a prisoner exchange after hacking financial firms for insider trading.
Perplexity AI, a pioneering AI venture firm, has unveiled an ambitious $50 million fund to catalyze the burgeoning AI startup ecosystem, poised to serve as an anchor investor for promising pre-seed and seed-stage AI companies across the United States, with seasoned investors Kelly Graziadei and Joanna Lee Shevelenko at the …