Results for "financial services"
47 results found
Alphabet Raises $80 Billion in Stock Sale for AI Expansion
Alphabet plans to raise $80 billion by selling stock to fund its artificial intelligence infrastructure buildout. The move positions Google to compete aggressively in the AI race against Microsoft and OpenAI.
SolarSquare in Talks for $60M Funding as Indian Rooftop Solar Surges
SolarSquare is set to raise up to $60 million at a valuation near $500 million, signaling strong VC interest in India's rooftop solar market.
Exchanges Move to Trade AI Tokens Like Oil and Gold
Major financial exchanges are developing futures and derivatives for AI tokens, treating artificial intelligence compute capacity as a tradeable commodity.
SpaceX Files for IPO, Plans NYSE Listing Under Ticker SPCX
SpaceX has officially filed for an initial public offering, planning to list on the NYSE under the ticker SPCX. The filing reveals unprecedented financial details about the private space company.
CFOs Push for AI Adoption but Demand Stronger Governance Frameworks
Finance leaders embrace AI for efficiency but worry about oversight gaps. New survey reveals most CFOs want clearer rules before scaling automation.
SpaceX IPO Clouds Starship Reusability Ambitions
SpaceX's IPO filing and Starship test flight highlight a growing tension between investor demands and the company's reusability goals. The path to rapid rocket reuse now looks longer and more uncertain.
Meta Employees Rush to Use Perks Before 8,000 Job Cuts Take Effect
Meta employees are cashing in on headphone stipends and other perks as layoffs loom. The company is cutting about 8,000 jobs.
US Government Takes $2B Equity Stakes in IBM and Quantum Computing Firms
The US government acquires $2 billion in equity stakes in quantum computing companies, including IBM, marking a new era of public-private investment in critical technology.
AI-Powered Cloud Attacks Outpace Security Defenses
Businesses recognize the threat of AI-driven cloud attacks but lack the infrastructure to respond at machine speed.
Quantum computing threatens to break current encryption sooner than expected
Quantum computers could crack today's encryption within a decade. Enterprises are not prepared.
AMD Plans Budget-Friendly Re-Release of Ryzen 7 5800X3D CPU
AMD may re-release the Ryzen 7 5800X3D as a 10th Anniversary Edition, offering a powerful upgrade for older AM4 PCs without requiring new DDR5 RAM.
Microsoft 365 Users Targeted by Sophisticated Password Reset Attacks
Hackers linked to Storm-2949 are exploiting password reset systems to break into Microsoft 365 accounts. The campaign uses multi-layered techniques to bypass security.
Anthropic Surpasses OpenAI in Corporate AI Adoption for First Time
Anthropic's Claude overtakes OpenAI's ChatGPT in business AI adoption. But escalating costs and competition threaten its lead.
AI demand forces a fundamental shift in enterprise data center strategy
Rising AI workloads are pushing companies to rethink infrastructure, moving from general-purpose servers to specialized GPU clusters and liquid-cooled data centers.
Executives Lead in Shadow AI Use, Study Finds
New research reveals 62% of senior leaders use unapproved AI tools, bypassing security risks for productivity gains.
Apple to Pay iPhone Owners $250 Million Over Missing AI Features
Apple will pay $250 million to settle a class-action lawsuit over delayed AI features. Eligible iPhone owners can claim part of the settlement. The payout addresses claims Apple misled users about Siri and other AI capabilities.
Inside the SolarWinds Breach: Hackers Had Full Access to Treasury Systems
New details reveal Russian-linked hackers infiltrated Treasury email systems far deeper than previously known. The supply chain attack compromised thousands of government and private networks, exposing critical security gaps.
IBM Launches First Dedicated Quantum Chip Factory as Separate Company
IBM spins off its quantum chip manufacturing into an independent foundry, aiming to accelerate commercial quantum computing development.
Kansas City Schools Ditch Windows for Apple in $30M Tech Overhaul
Kansas City Public Schools is spending millions to replace 30,000 Windows PCs and Chromebooks with MacBook Neos, becoming an all-Apple district. The move raises questions about cost efficiency and long-term value in education technology.
Healthcare AI's Real Challenge Isn't Better Algorithms, It's Broken Systems
Healthcare AI fails in practice due to fragmented data and legacy systems, not weak algorithms. Real progress requires infrastructure modernization, not better models.