Lastest IT news

France's Pasqal is now a publicly traded company, raising $360 million and achieving a valuation roughly 100 times its revenue.

France's Pasqal is now a publicly traded company, raising $360 million and achieving a valuation roughly 100 times its revenue.

The French neutral-atom quantum firm commenced trading on Nasdaq under the ticker PSQL, collecting less capital than the $500 million projected in its filings.
France's Pasqal has gone public, raising $360 million and achieving a valuation approximately 100 times its revenue.

France's Pasqal has gone public, raising $360 million and achieving a valuation approximately 100 times its revenue.

The French neutral-atom quantum company has commenced trading on Nasdaq under the ticker PSQL, raising less capital than the anticipated $500 million outlined in its filings.
a16z has collected $1.1 billion to invest in the physical infrastructure of AI.

a16z has collected $1.1 billion to invest in the physical infrastructure of AI.

The Machine Age Fund will invest in chips, memory, networking, storage, data centers, robotics, and home AI devices, a16z announced today.
Lovable now owns the .com domain, which was previously associated with an Italian lingerie brand.

Lovable now owns the .com domain, which was previously associated with an Italian lingerie brand.

All URLs on lovable.com now redirect to lovable.dev. There has been no official announcement or pricing information provided.
SoftBank is pursuing a second $10 billion loan secured by its stake in OpenAI.

SoftBank is pursuing a second $10 billion loan secured by its stake in OpenAI.

According to Bloomberg, SoftBank is looking to secure an additional $10 billion loan linked to its OpenAI investment, just weeks after completing a similar-sized loan and considering a $20 billion bond.
Nvidia has suspended certain aspects of the revenue-sharing program it introduced in July.

Nvidia has suspended certain aspects of the revenue-sharing program it introduced in July.

According to the Wall Street Journal, Nvidia has suspended certain agreements within its AI cloud credit-support program following antitrust concerns raised by employees and objections from partners.
Anthropic had intended to acquire the chip startup MatX for $7 billion but ultimately decided to abandon the deal.

Anthropic had intended to acquire the chip startup MatX for $7 billion but ultimately decided to abandon the deal.

According to Reuters, Anthropic was ready to acquire the AI chip startup MatX for approximately $7 billion, before the discussions shifted towards a partnership instead.
Anthropic intended to acquire the chip startup MatX for $7 billion but subsequently backed out of the deal.

Anthropic intended to acquire the chip startup MatX for $7 billion but subsequently backed out of the deal.

Reuters indicates that Anthropic was set to acquire AI chip startup MatX for approximately $7 billion before the negotiations shifted to a partnership dialogue.
Starting Sunday, Google will no longer downgrade EU publishers under its spam policy.

Starting Sunday, Google will no longer downgrade EU publishers under its spam policy.

Starting from 30 August, Google will cease to apply manual spam demotions for users in the EU, Iceland, Norway, and Liechtenstein as it seeks to resolve a DMA case.
Starting Sunday, Google will no longer penalize EU publishers under its spam policy.

Starting Sunday, Google will no longer penalize EU publishers under its spam policy.

Starting from 30 August, Google will cease applying manual spam demotions for users in the EU, Iceland, Norway, and Liechtenstein while it works to resolve a DMA case.
OpenAI has appointed Sandhya Devanathan from Meta to oversee operations in Southeast Asia and Australia.

OpenAI has appointed Sandhya Devanathan from Meta to oversee operations in Southeast Asia and Australia.

OpenAI has appointed a Meta executive to lead operations in Southeast Asia and Australia, marking its third senior appointment in Asia within six months. In contrast, Europe has received a headquarters.
OpenAI appoints Sandhya Devanathan from Meta to oversee its operations in Southeast Asia and Australia.

OpenAI appoints Sandhya Devanathan from Meta to oversee its operations in Southeast Asia and Australia.

OpenAI has brought on a Meta executive to oversee operations in Southeast Asia and Australia, marking its third high-level appointment in Asia within six months. In contrast, Europe has received a headquarters.
Kevin Durant's $250,000 investment in Hugging Face is said to be valued at $60 million.

Kevin Durant's $250,000 investment in Hugging Face is said to be valued at $60 million.

Kevin Durant invested $250,000 in Hugging Face and could earn $60 million if Nvidia decides to acquire it. European employees possess only half the equity that their American counterparts hold.
Kevin Durant's $250,000 investment in Hugging Face is said to be valued at $60 million.

Kevin Durant's $250,000 investment in Hugging Face is said to be valued at $60 million.

Kevin Durant invested $250,000 in Hugging Face and could potentially earn $60 million if Nvidia acquires the company. The European employees own half of what their American counterparts would.

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