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Doximity shares pop 36% on revenue beat, rosy guidance
Piotr Swat | Lightrocket | Getty ImagesDoximity shares closed up 36% on Friday, a day after the company reported fiscal third-quarter results that beat Wall Street's expectations for revenue and guidance.Doximity is a digital platform…
Anthropic CEO says DeepSeek was ‘the worst’ on a critical bioweapons data safety test
Anthropic’s CEO Dario Amodei is worried about competitor DeepSeek, the Chinese AI company that took Silicon Valley by storm with its R1 model. And his concerns could be more serious than the typical ones raised about DeepSeek sending…
Hims & Hers faces lawmaker scrutiny over ‘misleading’ Super Bowl ad
Hims & Hers is facing scrutiny from lawmakers over an advertisement for its weight loss offerings that's slated to run during the Super Bowl on Sunday.Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., wrote a letter to the U.S.…
Anduril in talks to raise money at $28 billion valuation
Anduril, the defense-tech startup founded by Palmer Luckey, has signed a term sheet to raise capital at a $28 billion valuation, according to people familiar with the matter. The company is planning to raise up to $2.5 billion in the…
Andrew Ng is ‘very glad’ Google dropped its AI weapons pledge
Andrew Ng, the founder and former leader of Google Brain, supports Google’s recent decision to drop its pledge not to build AI systems for weapons.
“I’m very glad that Google has changed its stance,” Ng said during an on-stage…
Pinterest shares rocket 19% on strong revenue and user growth
Sopa Images | Lightrocket | Getty ImagesPinterest shares surged 19% after beating Wall Street's fourth-quarter sales estimates and showing robust user growth from a year ago.The image-sharing company reported revenues of $1.15 billion,…
India to launch new domain name for banks to fight digital fraud
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
The Institute for Development and…
DeepSeek can be a force multiplier for smaller AI chip firms
DeepSeek has rattled the U.S.-led AI ecosystem with its latest model, shaving hundreds of billions in chip leader Nvidia's market cap. While the sector leaders grapple with the fallout, smaller AI companies see an opportunity to scale…
Roblox plummets 14% on disappointing bookings, daily active users miss
Roblox shares plunged 14% after the gaming platform fell short of Wall Street's bookings and daily active user estimates.The stock was on pace for its worst day since May 2024.Roblox reported bookings of $1.36 billion for the fourth…
Fintech Ramp lands Eagles’ Saquon Barkley as investor and Super Bowl commercial star
Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial.
Interestingly, it was Barkley who reached out to Ramp…
Google scraps diversity ‘aspirations,’ as a federal contractor
Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023.Justin Sullivan | Getty Images News | Getty ImagesGoogle is scrapping its diversity goals, becoming the…
Boston Dynamics joins forces with its former CEO to speed the learning of its Atlas humanoid robot
Boston Dynamics Wednesday announced a partnership designed to bring improved reinforcement learning to its electric Atlas humanoid robot. The tie-up is with the Robotics & AI Institute (RAI Institute), earlier known as The Boston…
Temu steers users to ‘local’ products after Trump ends de minimis
A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesChinese online retailer Temu has been surfacing more products on its app that can…
AMD shares drop 7% on disappointing data center revenue
Lisa Su, chair and CEO of Advanced Micro Devices Inc., during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023.David Paul Morris | Bloomberg | Getty ImagesAdvanced Micro Devices shares fell 7% on Wednesday after the…
Google launches new AI models and brings ‘thinking’ to Gemini
Google launched its much-anticipated new flagship AI model, Gemini 2.0 Pro Experimental, on Wednesday. The announcement was part of a series of other AI model releases. The company is also making its “reasoning’ model, Gemini 2.0 Flash…
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
FILE PHOTO: The logo of Toyota is pictured in Cuautitlan Izcalli, Mexico, January 30, 2025 Raquel Cunha | ReutersJapan's Toyota Motor on Wednesday reported a second consecutive fall in quarterly profit, while announcing that it will set…
Google wants Search to be more like an AI assistant in 2025
Google Search is in the midst of a “journey” around AI, Google CEO Sundar Pichai said during the company’s earnings call on Tuesday. The start of that journey was AI overviews, a controversial and monumental shift in how Google delivers…
Alphabet Q4 earnings report 2024
Alphabet shares fell more than 9% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations and announced more AI investments.Earnings per share for the Google parent company…