OpenAI Secures 40BillionMega−Funding,Valuedat300 Billion

April 1, 2025 – In a monumental announcement made on Monday, OpenAI revealed the completion of a colossal private funding round that amassed an astonishing 40billion,propellingthecompany′svaluationtoastaggering300 billion post-financing. This milestone is regarded as one of the largest private funding rounds in history. According to a blog post published on OpenAI’s official website, the funding was…

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EU Boosts ‘Digital Europe’ Initiative with €1.3 Billion Investment in AI and Key Technologies

March 31, 2025 – The European Commission (EC) has announced through a statement on Friday the adoption of the DIGITAL Europe Programme for the years 2025 to 2027, allocating a significant budget of €1.3 billion to deploy crucial technologies strategic to Europe’s technological sovereignty. The program primarily focuses on artificial intelligence (AI), cloud data, cybersecurity,…

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Intel to Revamp Board Structure as Three Members Retire

March 31, 2025 – Intel Corporation announced yesterday, as reported by Bloomberg, that three of its board members are set to retire, prompting the company to revamp its board structure to bring in professionals better aligned with its business transformation needs. Regulatory filings reveal that Omar Ishrak, Jinzhi Liu, and Lisa Lavizzo-Murray will not seek…

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Intel’s Ex-CEO Gelsinger to Receive $7.85M in Severance Pay

March 28, 2025 – Former Intel CEO Pat Gelsinger is set to receive a substantial severance package of up to $7.85 million following his departure from the company in December 2024, according to filings submitted to the U.S. Securities and Exchange Commission (SEC). The compensation package includes 7millionpayableover18months,encompassinghisannualsalaryandtargetcashbonus.Aspertheagreement,Gelsingerwillreceive18months′worthofhis1.25 million annual salary, totaling 1.875million,alongwith1.5timeshistargetcashbonusof3.44 million, amounting…

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Apple Granted Patent for Apple Watch with Glass Case and Dynamic Side Touchscreen

March 28, 2025 – Patently Apple reported yesterday (March 27th) that Apple Inc. has been granted a patent for an innovative Apple Watch design featuring a fully glass-encased body. This groundbreaking design transforms the side areas of the watch into illuminated touch-sensitive interfaces, enabling music control, stopwatch functionality, and biometric features, while simultaneously enhancing the…

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Former Intel CEO Gelsinger Dives into Venture Capital with $1.2 Billion Focus on Quantum Computing, Biotech

March 27, 2025 – In a blog post published yesterday, March 26th, tech media outlet Jon Peddie reported that renowned venture capital firm Playground Global has announced the appointment of former Intel and VMware CEO Pat Gelsinger as a General Partner (GP). Gelsinger, who boasts a four-decade-long career in the computing and semiconductor industries, having…

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