Neuralink shares video of patient playing chess using signals from brain implant

Neuralink shares video of patient playing chess using signals from brain implant

Elon Musk’s startup Neuralink streamed a live video on Wednesday that showed a patient using the company’s brain implant to move a mouse and play chess on a computer. Noland Arbaugh, 29, is the first human patient to ever get implanted with Neuralink’s device. The company is developing a brain-computer interface, or a BCI, that … Read more

Reddit prices IPO at $34 per share, valuing company at $6.5 billion

Reddit prices IPO at  per share, valuing company at .5 billion

In this photo illustration a Reddit logo is seen displayed on a smartphone.  Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according … Read more

Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

In this photo illustration, Astera Labs logo is seen on a smartphone and on a pc screen.  Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Amazon CEO Andy Jassy loves to talk about how much his company is benefiting from the artificial intelligence boom. On Wednesday, Amazon got an AI boost in a … Read more

Micron stock pops 14% on earnings beat driven by AI boom

Micron stock pops 14% on earnings beat driven by AI boom

The Micron Technology headquarters in Boise, Idaho, on March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Shares of Micron popped more than 14% in extended trading on Wednesday after the company announced second-quarter fiscal 2024 results that beat analysts and offered rosy guidance. The company, which makes memory and storage for computers, said … Read more

Data center provider Equinix ‘selling an AI pipe dream’

Data center provider Equinix ‘selling an AI pipe dream’

Charles J. Meyers, president and CEO of Equinix, poses in his office in Redwood City, Calif., Dec. 18, 2018. Nhat V. Meyer | Bay Digital First Media | The Mercury News via Getty Images Hindenburg Research on Wednesday took aim at Equinix, the $80 billion data center provider, and accused the company’s management of selling … Read more

Reddit power users balk at chance to participate in IPO as debut nears

Reddit power users balk at chance to participate in IPO as debut nears

Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 million members and was the subject of her Ph.D. dissertation. She’s been a lurker on the forum since 2012. But when the subject turns to … Read more

Saudi Arabia in talks with Andreessen Horowitz to create AI fund

Saudi Arabia in talks with Andreessen Horowitz to create AI fund

PIF Managing Director Yasir bin Othman Al-Rumayyan attends the Russian-Saudi Investment Forum held at the Ritz-Carlton Moscow Hotel. Sergei Bobylev | TASS via Getty Images DUBAI, United Arab Emirates — Saudi Arabia’s sovereign wealth fund is in talks with American venture capital firm Andreessen Horowitz and potentially others to create a $40 billion fund to … Read more

Intel awarded up to $8.5 billion from CHIPS Act, with loans available

Intel awarded up to .5 billion from CHIPS Act, with loans available

U.S. President Joe Biden listens to Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022. Joshua Roberts | Reuters The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps … Read more

Samsung Electronics soars more than 5% after Nvidia report

Samsung Electronics soars more than 5% after Nvidia report

Samsung logo displayed on a phone screen with a binary code reflected on it, a laptop keyboard, a memory card, an adaper and cables are seen in this illustration photo taken in Krakow, Poland on January 30, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Jakub Porzycki | Nurphoto | Getty Images Shares of South … Read more

Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales

Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales

Apple CEO Tim Cook attends the China Development Forum in Beijing, China March 23, 2019. Thomas Peter | Reuters Apple CEO Tim Cook is on a visit to Shanghai, according to a post on his official Weibo account on Wednesday, ahead of the inauguration of a new retail store and declining iPhone sales in the … Read more