Alphabet’s Verily to sell Granular insurance business to Elevance Health

Posted on February 7, 2025 by Techme101

Alphabet’s Verily is selling its subsidiary, Granular Insurance Company, to Elevance Health.

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Amazon hit by strengthening dollar, underscoring risks in tech to overseas reliance

Posted on February 7, 2025 by Techme101

In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is particularly exposed to currency swings.

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Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI

Posted on February 7, 2025 by Techme101

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.

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Report: OpenAI’s ex-CTO, Mira Murati, has recruited OpenAI co-founder John Schulman

Posted on February 7, 2025 by Techme101

OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been tight-lipped about the venture since […]
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Orgs demand action to mitigate AI’s environmental harm

Posted on February 7, 2025 by Techme101

A group of more than 100 organizations has published an open letter calling on the AI industry and regulators to mitigate the tech’s harmful environmental impacts just days before leading industry CEOs, heads of state, academics, and nonprofits descend on Paris for a major AI conference. The letter, which bears the signatures of prominent advocacy […]
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‘Dangerous proposition’: Top scientists warn of out-of-control AI

Posted on February 7, 2025 by Techme101

Yoshua Bengio and Max Tegmark, two of the world’s most prominent AI scientists, warned of the dangers of uncontrollable artificial intelligence.

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Amazon doubles down on AI with a massive $100B spending plan for 2025

Posted on February 7, 2025 by Techme101

Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025.
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Doximity shares soar 21% after company beats on revenue, raises fiscal-year guidance

Posted on February 6, 2025 by Techme101

Doximity reported third-quarter fiscal 2025 results that beat analysts’ expectations for revenue and guidance.

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Amazon Reports 88% Rise in Profits but Says Growth Could Slow

Posted on February 6, 2025 by Techme101

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

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C. Richard Kramlich, Early Investor in Silicon Valley, Dies at 89

Posted on February 6, 2025 by Techme101

He was among the first backers of Apple Computer and 3Com, earning windfalls, but it was his humaneness that distinguished him from other venture capitalists.

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