Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
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China’s Drug Industry Warns National Security Risk Associated With Rising Foreign Takeovers
Foreign acquisitions of Chinese pharmaceutical companies have raised national security concerns, as industry experts worry about the potential impact on China's healthcare sector and access to essential medicines.
Australia Orders to End Work-From-Home Setup for Public Servants; Citing Need for Physical Presence
New South Wales, Australia, has mandated that all public employees return to office work starting August 6, reversing remote work policies due to debate on its impact on staffing and business activity.
Google Could Be Split Up After US Judge Found Illegal Monopoly Search
A US judge ruled that Google operates an illegal monopoly, controlling 90% of online searches and 95% of mobile searches, which may lead to a breakup of its parent company, Alphabet.
Saudi Aramco's Profit Dips to $29.1 Billion in Q2 as Oil Production Remains Low
World's largest oil company, Saudi Aramco, reported a 3% decline in second-quarter profits to $29.1 billion due to lower crude production but still plans to pay $124.2 billion in dividends this year.
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The ruling could force Google to allow users to choose which search engine to use. A federal judge on Monday ruled that Alphabet's Google broke antitrust laws and held an illegal monopoly in the United States in a landmark ruling against the tech giant.
The move came after Musk slammed California's SAFETY Act last month. X, the social media company formerly known as Twitter and owned by Elon Musk, is now preparing to shut its San Francisco office and move to Texas, according to an internal email sent to employees on Monday.
In the serene splendor of Whistler, British Columbia, where snow-capped peaks meet verdant forests, Gennie Apulova discovered the spark for her groundbreaking idea. As a passionate traveler and software engineer, Gennie knew both the excitement of exploration and the stress of travel logistics. One crisp evening, while hiking a peaceful trail at the base of Blackcomb Mountain, she was mesmerized by the landscape's beauty and envisioned a transformative solution.
Historical data breaches, such as the Equifax and Target events, highlight the devastating impact of cybercriminals. High-profile cyber attacks, like those on Sony Pictures and the Colonial Pipeline, demonstrate that it's not a matter of if but when an organization will be targeted. These incidents shine a spotlight on the urgent need for advanced alternative cybersecurity measures.
After dropping his lawsuit against OpenAI and CEO Sam Altman earlier this year, Elon Musk is reigniting the feud with an accusation of deceit and fraud by shifting from a non-profit mission.
Montreal is set to become the first city in Canada to allow 24-hour drinking zones to reignite local tourism, but critics argue for lack of security and public transportation.
CrowdStrike denies responsibility for Delta Air Lines' extended IT outage, arguing that the airline mismanaged the situation and contributed to a misleading narrative about the incident.
Elon Musk criticized the Federal Reserve's decision not to cut interest rates, calling it "foolish" and warning that the policy could harm the US, which could potentially stall economic growth.
Recession fears pushed global stock markets to experience a major decline on August 5, Monday with Japan's Nikkei dropping 13%, STOXX 600 3%, and Nasdaq futures 5%.
