Enterprise

Meta Platforms, Inc. has embarked on an ambitious journey to enhance its artificial intelligence (AI) capabilities, demonstrating a speed and aggression in its data center and computing infrastructure development that has even taken CEO Mark Zuckerberg by surprise. In a recent earnings call following the third quarter financial report, Zuckerberg shed light on the extraordinary
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As Alphabet, Google’s parent company, prepares to unveil its third-quarter earnings, analysts are keenly observing the financial metrics expected from the tech giant. Forecasts predict earnings per share to be around $1.85, with anticipated revenue hitting approximately $86.3 billion. But the valuation extends beyond mere numbers; investors and analysts alike are digging into various specific
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Waymo, the autonomous vehicle venture owned by Alphabet, has recently amplified its growth strategy by securing a monumental funding round of $5.6 billion. This significant investment signals an ambitious plan to scale its robotaxi services across additional markets, including cities like Austin and Atlanta, while continuing to solidify its presence in current locations such as
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In a dramatic legal move, Delta Air Lines has filed a lawsuit against cybersecurity firm CrowdStrike, highlighting significant operational disruptions stemming from a software malfunction. The incident occurred in July and had devastating implications for the airline, leading to the cancellation of 7,000 flights and a staggering financial hit. According to Delta’s claims, the company
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The air mobility landscape has recently been shaken by the distressing news regarding Lilium, the German aerospace startup traditionally lauded for its ambitious air taxi project. On Thursday, the company surprised investors by announcing that its two primary subsidiaries would be filing for insolvency within days. The immediate market reaction was stark; Lilium’s stock plummeted
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Elon Musk’s influence over Tesla extends far beyond the confines of technological innovation and electric vehicles. As the company gears up to release its quarterly results, a significant undercurrent of concern has surfaced among investors regarding Musk’s intertwined political engagements and the potential ramifications for Tesla’s reputation and market performance. This article delves into the
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Launched in 2006, 23andMe emerged as a revolutionary force in the field of genetic testing by adopting a direct-to-consumer model. The company capitalized on the growing interest in ancestry and health insights, making genetic information accessible to the average consumer. This democratization of genetic testing was not only groundbreaking but also financially lucrative for early
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