xAI acquires AI video generator Hotshot, marking a strategic leap in AI-driven media production. Hotshot's innovations include three advanced video foundation models: Hotshot-XL, Hotshot Act One, and the original Hotshot.…
NR Narayana Murthy, co-founder of Infosys, challenges the hype surrounding AI, highlighting the tendency to label conventional programming as AI breakthroughs. True AI, as Murthy explains, hinges on machine learning…
Anthropic has secured a $61.5 billion valuation, raising an additional $3.5 billion under Lightspeed Venture Partners, marking a significant presence in the competitive A.I. sector. Founded in 2021, the company…
Nvidia's stock dipped over 3% despite surpassing quarterly expectations, due to cautious fiscal outlook and Wall Street unease. Investor concerns are heightened by trade tariffs and economic uncertainties, particularly with…
HP acquired Humane's AI Pin for $116 million, showcasing tech market volatility. Humane's AI Pin, initially priced at $499, will lose connectivity by February 28, prompting refunds for purchasers. The…
Eaton presents a strategic investment opportunity amidst market volatility, poised to benefit from the expansion of AI data infrastructures. The company specializes in electrical components and power management systems, crucial…
Unlock comprehensive global news and expert analysis with a Financial Times subscription for S$479, delivered Monday through Saturday. Engage with stories covering the global economy, politics, technology, and more, starting…