Software firm MicroStrategy said on Wednesday it had bought bitcoin worth about $615.7 million in cash, amid growing expectations that the top U.S. markets regulator will soon approve a spot bitcoin exchange traded fund (ETF).
The New York Times sued OpenAI and Microsoft on Wednesday, accusing them of using millions of the newspaper’s articles without permission to help train artificial intelligence technologies.
Germany’s Software AG has invited competitors and investors to submit bids for two software platforms and is looking at options for a third one, the Handelsblatt daily reported on Wednesday, citing sources familiar with the talks.
SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5%.
Chinese electric vehicle giant BYD , said on Wednesday it has obtained a conditional testing license for level 3 (L3) autonomous driving on high-speed roads.
China’s Tencent Holdings saw its shares stage a partial rebound on Wednesday, the first day of trade after authorities vowed to make improvements to proposed rules that had sent stocks in video game companies plunging.
Apple executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, Bloomberg News reported on Tuesday citing people familiar with the matter.
Artificial intelligence startup Anthropic has projected it will generate more than $850 million in annualized revenue by the end of 2024, the Information reported on Tuesday, citing two people with knowledge of the company’s financial picture.
