Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation
Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a funding round of $750 million led by Menlo Ventures.
CNBC Technology
Apple has stopped selling some Apple Watches on its website because of patent dispute
"Following December 24, 2023, Apple no longer sells Apple Watch units in the United States with the ability to measure blood oxygen," a new message reads.
Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
France's AMF watchdog gave Coinbase a virtual asset service provider approval, which is effectively a green light to operate crypto services in the country.
Apple fails in bid to delay Apple Watch sales ban
Apple has lost a bid to delay an impending Apple Watch ban, according to an International Trade Commission filing.
Electric scooter company Bird files for bankruptcy
Bird, once valued at $2.5 billion by investors, filed for Chapter 11 bankruptcy protection in Florida federal court Wednesday.
Apple resolves outage affecting its payment features, including Apple Pay, Card, Cash and Wallet
Apple Pay, Card, Cash and Wallet began experiencing problems at 6:15 a.m. Wednesday.
AI cannot be named as an 'inventor,' top UK court says in patent dispute
The Supreme Court upheld earlier decisions that a patent inventor must be a "natural person."
Tesla drivers had highest accident rate, BMW drivers highest DUI rate, study finds
Tesla drivers had 24 accidents per 1,000 drivers during the period from mid-November 2022 to mid-November 2023, according to a study by Lending Tree.
Rite Aid to be barred from using facial recognition under proposed FTC settlement
Rite Aid deployed facial recognition to catch shoplifters, but the system generated thousands of false-positive matches, according to the FTC.
Southeast Asia’s funding winter could end next year — but tech firms need viable paths to profitability
Venture capital firms in Southeast Asia expect fundraising to pick up in 2024, but tech firms must demonstrate clear and viable paths to profitability.
SEC charges ex-CEO of medical device company with fraud, says some devices were 'just a piece of plastic'
The SEC on Tuesday charged former Stimwave Technologies CEO with allegedly defrauding investors out of $41 million.
VR market keeps shrinking even as Meta pours billions of dollars a quarter into metaverse
Sales of VR headsets and AR glasses in the U.S. have plummeted nearly 40% this year, while Meta has invested billions of dollars into the technology
Affirm stock pops more than 15% on expanded Walmart partnership
Affirm stock jumped more than 15% after announcing it expanded its partnership with Walmart to self-checkout.
GPT and other AI models can't analyze an SEC filing, researchers find
The findings from Patronus AI highlight some of the challenges of using AI models within big companies in regulated industries like finance.
Tesla to raise pay for hourly Nevada Gigafactory workers in January — move could stave off union interest
The adjustments also represent a 10% or greater raise for most hourly workers, adding anywhere from $2 to $8.30 an hour to their pay.
TSMC Chairman Mark Liu to retire in 2024, CEO recommended as successor
Taiwan Semiconductor Manufacturing Company Chairman Mark Liu plans to retire in 2024, the company said in a statement Tuesday.
Apple makes surprise decision to pause some Watch sales before Christmas over patent dispute
The decision stems from an intellectual property disagreement between Apple and Masimo over the Blood Oxygen feature.
Meta's stock is wrapping up a record year, spurred by cost cuts that followed a disastrous 2022
Meta is closing out its best year ever for investors, validating CEO Mark Zuckerberg's "year of efficiency" declaration.
Adobe and Figma call off $20 billion acquisition after regulatory scrutiny
Adobe and Figma announced they would cancel the $20 billion acquisition after scrutiny from the U.K.'s CMA and the Justice Department.
The techno-optimists and doomsdayers inside Silicon Valley’s most dangerous AI debate
The generative AI debate is dividing the tech industry and bringing terms like 'e/acc' and 'decel' into public conversations.
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