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The Wall Street Journal - Financial news and analysis
According to recent headlines, Microsoft and Nvidia are potentially reaching a $4 trillion market valuation, driven mainly by artificial intelligence. Nvidia benefits because companies must buy its chips to run AI systems creating a clear link between demand and revenue. On the other hand, Microsoft
Abridge’s 93% valuation jump in four months tells us that something bigger than typical startup growth is cooking. It’s a case study in how to build the ‘pick and shovel’ business of the AI healthcare race. While everyone is focusing on AI models, Abridge’s real competitive advanta
Gothenburg-based Volvo and Stockholm-based Autoliv are joining forces to speed up the development of autonomous vehicle technology. The two Swedish companies won’t be keeping this technology all to themselves, however, and will be selling it to any automaker that’s interested in purchasi
After months of rumors and speculation that it’s going to auction off its core web business, Yahoo has finally decided to throw in the towel and do just that, and Verizon looks like the most likely buyer at the moment with a $3 billion bid. The company is also auctioning off a portfolio of abo
When it comes to respecting the privacy of its users and rejecting profligate government surveillance, few companies have as bad of a track record as AT&T, which seems to go out of its way to help the government spy on its users. That’s why it’s not all that surprising to hear AT&
There was a time when Theranos was one of the most-promising startups in the world, but now it’s having to fight off wave after wave of accusations that, should they prove to be true, will undoubtedly be fatal to the company. Business is already starting to suffer from these accusations, which
Pressure-sensitive displays are practically essential for new flagships nowadays, so it’s not at all surprising to hear that Samsung will be adding the technology to the Galaxy S7, but what is surprising is the rumor that the company might add an iris scanner to the smartphone as well. Iris sc
Live streaming and virtual reality are seen as the future of entertainment, and NextVR wants to cash in on both of the trends at the same time. The startup just finished a $30.5 million round of funding led by Comcast and Time Warner, which will help it broadcast more live-streamed content in virtua
It’s a little known fact that OKCupid, Match.com, and Tinder are all owned by the same company, and that company is going public. Known as Match Group, the Dallas-based company is finally going through with its long-awaited IPO soon, where it plans to raise as much as $536.7 million, a massive
Toyota announced this morning that it plans to invest somewhere around $1 billion over the next five years to establish a new, Silicon Valley-based artificial intelligence and robotics research company. The company will be known as the Toyota Research Institute, and is being formed so that Toyota wi
Aside from confirming that it’s working on a handful of games for smartphones and tablets, Nintendo has remained annoyingly silent regarding its long-awaited entrance into the mobile market, but it’s finally going to break that silence tomorrow. CEO Tatsumi Kimishima announced earlier to
Xiaomi is already dominating the smartphone market in its home country, and now has a 14% share of the Indian market, which means the Chinese company already has two of the world’s three largest smartphone markets locked down, but what about the United States? Well, that’s going to be di
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