Tag: Artificial Intelligence
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Alphabet’s rise to $4 trillion cements status as AI trade winner
(Bloomberg) — Alphabet Inc. broke above a $4 trillion market capitalization on Monday, becoming one of the few companies to ever cross the threshold...
Who is Dina Powell McCormick? Former Trump adviser to take charge of Meta’s AI strategy and expansion
Dina Powell McCormick, a seasoned executive and former top adviser to US presidents, will join Meta Platforms Inc. as President and Vice Chairman, a...
Security Startup Torq Raises Cash at $1.2 Billion Valuation
(Bloomberg) -- The Israeli cybersecurity startup Torq is planning to announce Sunday that it has closed a $140 million funding round, raising its valuation...
Elon Musk Says X to Make Algorithm Open Source in Seven Days
Social media platform X will open its new algorithm to the public in seven days, Elon Musk said on Saturday, including the code used...
Tech layoffs in 2025: From TCS to Amazon — these IT firms laid off over 1,00,000 employees amid AI reshaping market
Amid artificial intelligence (AI) shaping the market, tech layoffs continue to hit workers across the world following a bruising year, in which over 100,000...
