Oura reaches $11 billion valuation with new $900 million fundraise
Oura Ring Valuation Soars to $11 Billion Following Major Funding Round The wearable technology market continues to demonstrate remarkable growth…
Oura Ring Valuation Soars to $11 Billion Following Major Funding Round The wearable technology market continues to demonstrate remarkable growth…
China’s new restrictions on rare earth exports for military use threaten critical U.S. defense systems including F-35 jets and submarines. With China controlling over 90% of global rare earth refining, the move gives Beijing significant leverage in trade negotiations.
China’s sweeping restrictions on rare earth exports specifically targeting foreign military applications represent a significant escalation in trade tensions that could severely impact U.S. defense capabilities and potentially reignite a broader trade war between the world’s two largest economies. The October 9 announcement from China’s Ministry of Commerce marks the first time Beijing has explicitly prohibited rare earth exports for defense purposes, creating immediate vulnerabilities for American weapons systems that depend on these critical materials.
Codelco Partners with I-Pulse to Transform Copper Mining Through Advanced Technology In a strategic move to enhance operational efficiency, Codelco,…
Wells Fargo has significantly raised its return on tangible common equity target to 17-18% following the removal of longstanding regulatory constraints. The bank’s updated guidance reflects improved earnings efficiency for shareholders after seven years under asset cap restrictions. This strategic shift positions Wells Fargo for accelerated growth in the post-regulatory era.
Wells Fargo has dramatically increased its key profitability target following the removal of regulatory constraints that had limited the bank’s operations for over seven years. The San Francisco-based lender now aims for return on tangible common equity of 17% to 18% in the medium term, up significantly from its previous 15% guidance that the bank has already achieved. This strategic update marks Wells Fargo’s first major growth announcement since regulatory authorities lifted the asset cap that had restricted its balance sheet expansion.
OpenAI has released research detailing its approach to measuring and reducing political bias in ChatGPT. The company aims to make the AI less opinionated and more neutral in political discussions, though critics question whether this approach truly addresses information accuracy.
OpenAI is taking concrete steps to address political bias in ChatGPT according to a new research paper released Thursday, with the company stating that “ChatGPT shouldn’t have political bias in any direction.” This initiative comes as ChatGPT continues to grow in popularity for research and learning purposes, with OpenAI emphasizing that user trust depends on the AI’s perceived objectivity. The company’s approach focuses on behavioral modifications rather than truth-seeking, representing a significant shift in how artificial intelligence systems handle politically charged content.
China’s Economic Model Persists Despite Global Trade Concerns While international observers voice increasing alarm about market imbalances, China remains steadfastly…
Vodafone is experiencing a massive network outage across the UK affecting both mobile and broadband services. The disruption began around 3pm with over 135,000 customer reports logged within 20 minutes. The company confirms a “major issue” impacting broadband, 4G and 5G services nationwide.
Vodafone UK is experiencing a massive network outage affecting both mobile services and home broadband across the United Kingdom, with disruption reports beginning around 3pm according to monitoring service Down Detector. The widespread service failure has left thousands of customers without reliable internet access and mobile connectivity, highlighting the critical nature of modern telecommunications infrastructure.
OpenAI announces strategic collaboration with Broadcom to design and deploy custom AI accelerators. This partnership aims to optimize hardware performance for advanced AI models while addressing the growing demand for specialized computing infrastructure in the rapidly expanding artificial intelligence sector.
OpenAI has entered a strategic partnership with semiconductor giant Broadcom to develop and deploy custom AI chips, marking a significant move in the competitive artificial intelligence hardware landscape. This collaboration represents OpenAI’s latest effort to secure specialized computing infrastructure needed to power its advanced AI models like ChatGPT and Sora 2, which now boast 800 million weekly active users according to company data.
California Mandates AI Companion Chatbots to Disclose Non-Human Status and Promote User Well-Being Governor Gavin Newsom has signed into law…
Microsoft has officially denied rumors about Xbox hardware disappearing from Target and Walmart stores. Both companies confirm ongoing partnerships for consoles, games, and accessories. Learn what’s really happening with Xbox retail availability.
Microsoft is firmly denying weekend rumors that suggested Xbox hardware would disappear from major retailers like Target and Walmart. The tech giant has issued official statements confirming ongoing partnerships with these retail giants, putting to rest speculation that spread rapidly across social media platforms and gaming communities.