Enterprise

In a significant move for the robotics industry, Apptronik, a Texas-based company specializing in humanoid robots, has announced a remarkable $350 million Series A funding round. This new capital injection is aimed at fostering the production of sophisticated artificial intelligence-powered robots, positioning Apptronik as a formidable competitor in a rapidly-evolving field that has recently gained
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As the artificial intelligence sector rapidly evolves, companies worldwide are racing to advance their technologies and remain competitive. Baidu, China’s leading search engine and technology enterprise, is at the forefront of this development, planning to unveil its next-generation AI model, Ernie 5.0, later this year. This comes at a time when emerging players like DeepSeek
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Founded by Max Levchin, Affirm has made significant strides since its inception, notably in the buy now, pay later (BNPL) space. Initially focusing on providing alternative financing through credit, Affirm expanded its offerings by introducing a debit card that allows users to pay over time. This development marked a pivotal moment, as it provided a
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The realm of pharmaceutical advertising is increasingly fraught with scrutiny, particularly when sensitive health issues like weight management are at stake. A recent example is Hims & Hers, a telehealth company that has come under fire for its Super Bowl advertisement promoting its weight loss products. As public sentiment around health and wellness continues to
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In a rapidly evolving technological environment, artificial intelligence (AI) stands at the forefront of innovation and debate. A recent event in Paris showcased insights from Demis Hassabis, the CEO of Google DeepMind, regarding Deepseek’s AI model—a development from China that has shaken the AI community and global markets alike. Hassabis’ observations provide a dual perspective,
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In a significant strategic maneuver, Verily, a subsidiary of Alphabet focused on healthcare innovation, has opted to divest its stop-loss insurance unit, Granular Insurance Company, to Elevance Health. This move, confirmed to CNBC, underscores a series of transformative changes underlining Verily’s struggle to establish a solid foothold in the increasingly competitive health tech sector. While
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The world of e-commerce is constantly evolving, and recent regulatory changes have introduced significant shifts for Chinese online retailers like Temu and Shein in the U.S. market. As the political landscape changes, particularly with the revocation of the de minimis tax exemption, these companies face both challenges and opportunities in maintaining their growth trajectory. Delving
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Toyota Motor Corporation, a titan in the global automotive industry, recently disclosed its financial performance for the quarter ending December. The results revealed a concerning trend: for the second consecutive quarter, the company recorded a decline in operating profit. Specifically, Toyota’s operating profit plummeted by nearly 28% year-on-year, falling to 1.22 trillion yen, compared to
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