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Nvidia now holds $99bn in shares of the companies that buy its chips

Artificial Intelligence, Business, Digital Marketing, Next Featured, nvidia, SEO Tips, Technology, United States /

Nvidia sells the chips that the AI industry runs on. It now also owns $99bn of the industry. The figure sits in the company’s own quarterly filing. CNBC’s Kai Nicol-Schwarz pulled it out. Nvidia equity investments stood at $99bn as of 26 July. A year earlier the figure stood at about $7bn. Two years earlier, […]

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Thinking Machines is in talks to raise $6bn, The Information reports

Artificial Intelligence, Business, Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology, United States /

Mira Murati’s Thinking Machines Lab is raising money again. The figure that travelled around the internet last week was the wrong one. The Information broke the story on 3 September. Its current version puts the raise at $5bn to $6bn, on a pre-money valuation of at least $40bn. Accel, an investor since the seed round, […]

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Europe has its first commercial orbital rocket

Digital Marketing, News, Science, SEO Tips, Space, Technology /
German company Isar Aerospace has successfully launched Europe’s first entirely commercial orbital rocket. It attempted to achieve the feat last March, but that lasted all of 30 seconds before the vehicle crashed into the sea and exploded. This time the company managed to get the two-stage Spectrum into low Earth orbit from a Norwegian spaceport. […]

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Ultrahuman raised $70m to turn its ring into a computer

Business, Digital Marketing, Health tech, India, Investors and funding, SEO Tips, Technology /

Ultrahuman announced a $70m funding round at IFA in Berlin last week, with Qualcomm’s venture arm among the backers. The Indian company makes smart rings. What it wants to build next is a ring that stops being a tracker. TechCrunch’s Jagmeet Singh reported the round first, with an interview with founder and chief executive Mohit […]

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The AI cybersecurity war has a new front line star, and a seven-figure price

Data and security, Digital Marketing, Government and policy, OpenAI, SEO Tips, Technology /

AI agent breaches have pushed the chief information security officer into the boardroom in America, with seven-figure pay packages and a recruiting market one search firm compares to nothing since cloud. Europe reached the same place by statute, with NIS2 putting the duty on the management body and allowing regulators to bar a chief executive […]

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Oura’s $924m loss is the price of buying back its own shares

Business, Digital Marketing, Finance, Investors and funding, Next Featured, SEO Tips, Technology, United States /

Oura filed to go public on Nasdaq on 3 September, and the coverage split within hours. Reuters reported that the smart ring maker had recently turned profitable. The Wall Street Journal told its readers the same. Bloomberg’s Subrat Patnaik led on a loss of $924.3m. Business Insider’s Kelsey Vlamis carried both figures without reconciling them. […]

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Boox’s tiny Picco e-reader should land in November

Digital Marketing, Gadgets, News, SEO Tips, Tech, Technology /
Boox teased the Picco, its take on the buzzy Xteink X4 e-reader, back in July, but provided almost no details. Now, thanks to some reporting out of IFA, we’ve got a bit more info, though sadly still no price. Unlike the Xteink devices, the Picco will not have magnets on the back for attaching to […]

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