Technology business news on AI, semiconductors, software and Big Tech, and what it means for investors.
Tesla’s Cybertruck wrapping service appears to be scaling back operations, with a significant reduction in both color options and service center availability. The electric vehicle manufacturer, which initially launched its wrapping business just before the Cybertruck’s release, has now limited the color choices for the stainless steel pickup
Pop superstar Taylor Swift has officially thrown her support behind Vice President Kamala Harris in the 2024 presidential race, citing concerns over artificial intelligence and misinformation as key factors in her decision. In a candid Instagram post, Swift revealed that her endorsement was partially motivated by a recent incident involving
The European Commission has won a landmark legal battle against Apple, affirming the tech giant’s obligation to pay €13 billion in back taxes. This decision by the Court of Justice overturned an earlier ruling by a lower court that had rejected the Commission’s claim that Apple’s tax
Small business finance and HR platform Finally has secured $200 million in new funding to expand its suite of tools for SMBs. The company, formerly known as Back Office, raised $50 million in a Series B round led by PeakSpan Capital, along with a $150 million credit facility from Encina.
Elon Musk’s artificial intelligence venture, xAI, has unveiled a new supercomputer named Colossus, boasting an impressive 100,000 Nvidia H100 graphics processing units (GPUs). This mammoth machine represents a significant leap in AI training capabilities, potentially positioning xAI to compete with industry leaders. To put Colossus’s scale into
