Digital Marketing

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Anthropic will reportedly list days before the US midterm elections

Anthropic’s stock market debut has moved, and the new date puts it days away from a national election. Reuters reported on Friday that the company expects to start marketing its offering in mid-October at the earliest. The listing would then complete shortly before the US midterms in November. Echo Wang had the story from people […]

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Phil Schiller’s App Store exit reportedly driven by wariness over future plans

Why is longtime Apple executive Phil Schiller stepping down from his role as the head of the App Store? Bloomberg’s Mark Gurman reports that Schiller’s decision — he will remain involved in the company as an Apple Fellow working on unspecified projects — was driven in part by a desire to spend more time with […]

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An Amazon cargo plane crashed at Miami International Airport

A plane bearing an Amazon logo overran the runway at Miami International Airport on Sunday during landing, crashing into vehicles and resulting in multiple injuries. The extent of the damage or the seriousness of the injuries was not clear at the time of publication. In the aftermath of the incident, the FAA released a statement […]

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Musk’s blow torch post is why X just lost the Twitter bird logo

On 22 July 2023, Elon Musk posted that X would “bid adieu to the twitter brand and, gradually, all the birds.” The next day he said the company was taking blow torches to the Twitter logo on the building. Three years on, both posts have cost him a trademark. Chief Judge Colm Connolly ruled on […]

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Authors say publishers want a cut of Anthropic’s payout, the NYT reports

Anthropic agreed to pay $1.5bn to the authors whose books it pirated. The money is now being counted out. Some of those authors are discovering that a share of it goes to their own publishers. The New York Times reported on Friday that authors and publishers have filed competing claims over the same titles. The […]

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Nscale is selling Figure $3.5bn of compute and buying a stake in it

Nscale has agreed to sell Figure at least $3.5bn of computing power. It has also bought a stake in Figure, which is the part worth looking at. The London company announced the partnership on 3 September in a statement also carried on PR Newswire. The deal covers up to 100,000 Nvidia GPUs running the Vera […]

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

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

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

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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