Technology
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Anduril Set to Secure Massive Funding upto $2.5 Billion
Defense tech startup Anduril is reportedly gearing up for a huge funding round that could double its valuation. According to trusted sources, the company founded by Palmer Luckey has signed an initial agreement to raise funds at a whopping $28 billion valuation. In this round, Anduril aims to secure up to $2.5 billion. If successful,…
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Amazon Breaks Profit Records, Set to Pour $100 Billion into AI
Amazon used to get a lot of criticism for struggling to turn a profit. But now? The e-commerce giant just posted an incredible $20 billion in profits in the last three months of 2024—almost double what it made during the same period the previous year. CEO Andy Jassy isn’t wasting any time. He announced that…
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Hugging Face Builds an AI That Can Research the Internet
Hugging Face just pulled off something amazing—they created Open Deep Research, an AI that can browse the internet and generate research reports automatically, in just 24 hours! This is an open-source version of OpenAI’s Deep Research, which was previously only available commercially. AI Technology Race Here’s the deal—OpenAI recently launched Deep Research, a feature that…
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Is AI Getting Cheaper? Why Nvidia’s Stock Took a Hit
At the end of January 2025, Nvidia’s stock dropped significantly, losing around $600 billion in value. The reason? A Chinese company called DeepSeek announced that they had developed an AI chatbot similar to ChatGPT, but at a much lower cost. This made many investors nervous, thinking it could hurt Nvidia’s dominance in AI. However, experts…