Raspberry Pi, a British computing startup, is making waves in the technology world with its upcoming initial public offering. Set to raise an impressive £166 million ($211.2 million), this IPO is a rare success story for London’s stock exchange. With shares priced at 280 pence each, the company is now valued at around £541.6 million.
Enterprise
In a surprising move, Microsoft recently announced that it will be handing over the development of all its best artificial intelligence tools and software to OpenAI. This decision has raised eyebrows among industry experts, with some speculating about the implications for Microsoft’s position in the AI space. Todd McKinnon, CEO of identity security firm Okta,
Boeing’s Starliner is a space capsule that aims to transport astronauts to and from the International Space Station. This project began in 2014 with a $4.2 billion contract from NASA as part of the Commercial Crew Program. Alongside Boeing, SpaceX was also chosen by NASA to work on their Crew Dragon capsule, receiving $2.6 billion
The world of cryptocurrency investment has long been characterized by the mantra of “HODL” – a practice where investors hold on to their assets through the ups and downs of the market. However, with the rise of Exchange Traded Funds (ETFs) that track the price of Bitcoin, this traditional approach may be shifting. As more
Microsoft recently announced that the Recall feature, which utilizes artificial intelligence to capture screenshots and search user activity on new Copilot+ PCs, will be turned off by default due to security concerns raised by researchers. This move comes as Microsoft aims to balance innovation with user privacy and security in the rapidly evolving tech market.
The world of tech investors and podcasters has seen a noteworthy shift in recent times, as evidenced by the upcoming high-profile fundraiser to be hosted by David Sacks and Chamath Palihapitiya for Donald Trump. This event, set to take place in San Francisco, marks a departure from the industry’s previous stance of being largely adversarial
Ramp, the innovative expense management company valued at an impressive $7.65 billion, has recently made a bold move by entering the realm of business travel through a strategic collaboration with Booking Holdings’ Priceline. This new venture, aptly named Ramp Travel, leverages the power of AI and automation to revolutionize the process of booking and managing
Kneron, a rising artificial intelligence chip startup, unveiled its latest products in an effort to capitalize on the increasing interest in AI from businesses and provide an alternative to industry giants such as Nvidia and AMD. The company introduced the KNEO 330, its second-generation “edge GPT” server, which is designed to cater to businesses looking
In a world where staying connected is crucial for businesses and individuals alike, Cisco’s ThousandEyes internet monitoring unit has taken a significant step forward. On Monday, the company unveiled new artificial intelligence-powered capabilities that promise faster prediction and diagnosis of internet outages and disruptions. This new technology, known as Digital Experience Assurance (DXA), aims to
Dutch digital bank Bunq, recognized for its distinctive rainbow-colored cards and catering to digital nomads, faces challenges in securing a banking license in the UK. The firm had initially launched in the UK in 2019 but was compelled to withdraw from the market in late 2020 due to Brexit regulations. The passage of Brexit had