Tech
Anthropic forecasts annual revenue to exceed $850 million by the end of 2024
Artificial intelligence startup Anthropic is projecting that it will generate more than $850 million in annualised revenue by the end of 2024. Three months ago,
Israel has given Intel $3.2 billion for a new $25 billion chip factory
Israel’s government has agreed to give Intel a $3.2 billion grant for a new $25 billion chip factory it plans to build in southern Israel,
Chip maker Nvidia raises $15 million for non-profit organisations
US chip maker Nvidia and its employees have donated $15 million to Israeli and overseas non-profit organisations that support civilians affected by Israel’s war with
Intel to receive $3.2 billion government grant for new $25 billion chip plant in Israel
Israel’s government has agreed to give Intel Corp. a $3.2 billion grant for a new $25 billion chip factory it plans to build in southern
Facebook Meta fined for violating Italian gambling advertising ban
Meta Platforms, the parent company of Facebook, has become the latest technology company to be fined in Italy for violating a gambling advertising ban. Meta
OpenAI is in talks to raise new funding at a $100bn valuation
OpenAI is in early talks to raise a new round of funding at a valuation of $100bn or higher. The terms, valuation and timing of
Chip maker Nvidia raises $15 million for non-profit organisations
US chip maker Nvidia and its employees have donated $15 million to Israeli and overseas non-profit organisations that support civilians affected by Israel’s war with
European Commission examines Italy’s tax case against Meta
An Italian tax complaint against Facebook’s parent company Meta has been referred to the European Commission’s VAT committee for assessment. The US corporation faces a
Tesla acquires land in Shanghai for megabattery plant
Tesla has acquired land in Shanghai for a megapack battery manufacturing plant with production expected to start in the fourth quarter of 2024, Chinese state
Toshiba sees power chips as immediate growth driver
Toshiba sees power management chips as an immediate profit driver thanks to growing demand for electric vehicles (EVs), its CEO said, following the acquisition of