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Monthly Archives: January 2025
India lauds Chinese AI lab DeepSeek, plans to host its models on local servers
India’s IT minister on Thursday praised DeepSeek‘s progress and said the country will host the Chinese AI lab’s large language models on domestic servers, in a rare opening for Chinese technology in India. “You have seen what DeepSeek has done … Continue reading
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European embedded banking startup Swan adds another $44 million to its Series B
French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B round that was originally announced in September 2024. Swan helps other companies … Continue reading
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Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
Zuckerberg says Meta won’t slow down AI spend despite DeepSeek’s breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.
SoftBank in talks to invest as much as $25B in OpenAI, report says
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the Microsoft-backed startup, according to Financial Times. … Continue reading
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Tesla’s CFO says tariffs would ‘have an impact’ on company’s profitability
Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential administration implements tariffs.
Meta says end of fact-checking hasn’t impacted ad spend
Meta says its controversial decision to put an end to its fact-checking program hasn’t impacted advertiser spend. On its Q4 2024 call, Meta CFO Susan Li assured investors that advertiser demand remains strong and the company’s commitment to brand safety … Continue reading
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Mark Zuckerberg starts Meta earnings call by praising Trump administration
Meta CEO Mark Zuckerberg praised the Trump administration during a call with investors on Wednesday.
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand. © 2024 TechCrunch. All rights reserved. For personal use only.
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LinkedIn passes $2B in premium revenue in 12 months, with overall revenue up 9% on the year
LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company. But around earnings time, LinkedIn often reveals some figures that point … Continue reading
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