Tag: Breaking News: Technology

OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows...

Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims

Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg.ReutersBritish financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its...

Klarna CEO says a European tech brain drain is ‘number one risk’ for company ahead of IPO

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesA...

Oura announces new smart ring with updated design and new sensors for $349

A user wearing an Oura RingCourtesy: OuraOura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at...

After a decade of Elon Musk promising Tesla robotaxis, here’s what we know

For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. Next week, the company...

OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive...

Tesla stock slips after it reports 462,890 total deliveries during the third quarter

A worker unloads a new Tesla Model 3 from a truck at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug....

Recursion gets FDA approval to begin phase 1 trials of AI-discovered cancer treatment

Source: Recursion PharmaceuticalsAI drug pioneer Recursion Pharmaceuticals said Wednesday that one of its experimental treatments hit a key milestone.Recursion was able to use...

Goldman-backed Starling Bank hit with $38.5 million fine for financial crime prevention failures

The Starling Bank banking app on a smartphone.Adrian Dennis | AFP via Getty ImagesU.K. financial regulators hit British digital lender Starling Bank with...

Facebook owner Meta forms data-sharing pact with UK banks to counter scams

Jakub Porzycki | Nurphoto | Getty ImagesFacebook parent company Meta on Wednesday said that it's working with two leading banks in the U.K....

Ireland reveals how it plans to spend ‘transformational’ $14 billion Apple tax windfall

Pedestrians on Anne Street South in Dublin, Ireland, on Thursday, March 28, 2024.Bloomberg | Bloomberg | Getty ImagesIreland's government on Tuesday outlined how...

A former Meta staffer stalked a co-worker for over a year. Then the company rehired him, lawsuit says

A logo of US company's Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center...

Microsoft’s new Windows 11 update comes with energy use and Wi-Fi enhancements

Microsoft CEO Satya Nadella speaks at the company's annual developer conference in Seattle on May 21, 2024.Max Cherney | ReutersMicrosoft said Thursday that...

Spacecraft delivery startup founded by former SpaceX rocket guru raises $150 million, led by Founders Fund

An Impulse employee works on assembling a Mira vehicle.Impulse SpaceLos Angeles-based space startup Impulse, which is led by renowned rocket specialist Tom Mueller,...

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