Perplexity AI, a conversational search engine that uses large language models backed by tech billionaire Jeff Bezos, has offered a $50 billion proposal to merge with TikTok U.S. This latest development aims to combine …
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Humanoid robots to assemble iPhones, perform complex production tasks in China
Humanoid robot manufacturer UBTech, based in Shenzhen, China, has announced a new collaboration with Foxconn, Apple’s Chinese manufacturing partner, to employ its robots in the production of iPhones. The Walker …
Read More »Amazon suspends drone deliveries for software changes after crash reports
Amazon, an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence, has suspended drone deliveries in two cities in the US for software changes after crash …
Read More »TikTok resumes services in the US after Trump’s intervention
ByteDance-owned social media platform, TikTok, has resumed services in the United States after President-elect Donald Trump intervened. The Chinese-owned company which stopped operations on Saturday evening has resumed services to …
Read More »Companies seeking more specialised expertise to check AI cyber threats
As concerns about the use of AI in cyberattacks increase, companies worldwide are racing to bolster their cybersecurity strategies, according to a Kaspersky survey. In a new study, the cybersecurity …
Read More »Canadian businessman Kevin O’Leary tables $20bn to acquire TikTok
Canadian businessman and investor Kevin O’Leary has tabled the sum of $20 billion to Chinese company ByteDance to acquire its social media platform TikTok. Kevin O’Leary’s move comes hours after …
Read More »TikTok will restore US service ‘in a short time’ if ban is reversed —Report
ByteDance-owned social media company TikTok will restore service “in a relatively short time” if the proposed move to ban its operations in the US is reversed. This is according to …
Read More »Elon Musk hit with lawsuit for failing to disclose Twitter acquisition on time
American billionaire businessman Elon Musk has been hit with a lawsuit filed by the Securities and Exchange Commission (SEC) for failing to announce his acquisition of X (formerly known as …
Read More »Novastar Ventures backs Sistema.bio’s growth in Africa with $3.5m funding
Sistema.bio, a player in the delivery of biogas technology, financing, and services for family farmers worldwide, announces Novastar Ventures as its newest investor. Novastar has joined Sistema.bio’s recent internal financing …
Read More »Fintech firm LemFi secures $53m in Series B funding
LemFi, a fintech platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation from previous investors Left Lane …
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