November 25, 2024
Technology - 11/25
πŸ“ž TikTok CEO Seeks Advice from Musk, πŸ’° Amazon Invests $8 Billion in Anthropic...
πŸ“ž TikTok CEO Seeks Advice from Musk TikTok's CEO reached out to Elon Musk for advice as it prepares for changes under potentially new U.S. political leadership. πŸ’° Amazon Invests $8 Billion in Anthropic Amazon further invests in AI company Anthropic, bringing their total investment to $8 billion to enhance AWS’ future Trainium accelerators. πŸ“‰ Meta's Threads Trails Bluesky Online Meta's Threads is trailing behind Bluesky in web daily active users in the U.S. and UK but maintains higher app daily active users. πŸ’Ό Cantor, Tether Explore $2B Bitcoin Lending Cantor and Tether have initiated discussions on a $2 billion Bitcoin lending venture, exploring decentralized finance technologies. πŸ“ˆ CoreWeave Eyes $35B IPO in 2025 CoreWeave is reportedly targeting a $35 billion valuation as it plans a U.S. IPO with a goal of raising over $3 billion in the second quarter of 2025. πŸ“± Google Developing Action-Performing API Google is developing an API for Android 16 that will enable system apps to perform user actions within other applications. πŸ€– Amazon Develops AI Hardware to Rival Nvidia Amazon aims to challenge Nvidia's dominance in AI chips by developing its own competitive hardware. ⚠️ Synapse Crisis Hits Thousands of Americans Thousands of Americans face financial loss due to a crisis involving the fintech company Synapse. πŸ”» Intel's CHIPS Grant Likely Reduced Intel’s CHIPS grant of $8.5 billion is likely to see a reduction to under $8 billion due to policy adjustments.
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