Musk’s Neuralink Raises 600MinNewFundingRound,Reaching9B Valuation Milestone
May 29 2025 – Elon Musk’s brain-computer interface startup, Neuralink, has secured a staggering 600millioninitslatestfundinground,catapultingthecompany’spre−moneyvaluationtoaremarkable9 billion, according to sources familiar with the matter cited by Semafor. This substantial injection of capital comes amidst a backdrop of rapid growth for the neurotechnology firm, which has seen its valuation soar in recent years. Private stock transactions earlier…
Beyond Touchscreens: Saudi Scientists Unveil Smartphone-Based Method for Measuring Body Hydration
May 29 2025 – A groundbreaking approach to monitoring hydration levels through smartphone screens has been unveiled by researchers at King Abdullah University of Science and Technology (KAUST) in Saudi Arabia, as reported by TechXplore on the 27th. The innovation leverages skin reactions during screen touches to gauge moisture content, offering a non-invasive alternative to…
Salesforce Seals $8B Deal for Informatica, Accelerating AI & Data Mastery
May 29 2025 – On Tuesday, Salesforce, the titan of Customer Relationship Management (CRM) software, announced the successful completion of its acquisition of Informatica, a cloud data management firm, in a deal valued at a staggering $8 billion. This strategic move marks a significant step in Salesforce’s efforts to bolster its artificial intelligence (AI) and…
Japan’s Pioneering AI Legislation: Accelerating Development, Safeguarding Against Abuse
May 29 2025 – In a significant legislative move today, Japan’s House of Councillors passed the country’s first-ever law dedicated to artificial intelligence (AI) with a majority vote. The legislation, known as the “Act on Promotion of Research, Development, and Application of AI-Related Technologies,” is designed to foster advancements in AI technology and its applications…
OpenAI CFO Hints at Organizational Shake-Up to Pave Way for Potential IPO
May 29 2025 – OpenAI’s Chief Financial Officer, Sarah Friar, signaled today that the company’s ongoing organizational restructuring could position it for a potential public listing in the future, though she emphasized that no definitive plans for an initial public offering (IPO) had been finalized. The decision to proceed would hinge on both internal readiness…
April iPhone Exports from India to U.S. Surge 76%, Analysts Signal Growth Peak
May 29 2025 – According to a report from CNBC, citing data from research firm Canalys, iPhone shipments from India to the United States surged by 76% year-on-year in April this year. This spike coincides with Apple’s accelerated efforts to advance its “Made in India” initiative. However, analysts caution that the pace of iPhone production…
Apple Overhauls Six Major OSes: iOS 26 Takes the Lead with Year-Based Naming
May 29 2025 – In a blog post released today, Bloomberg’s Mark Gurman reported that Apple is revamping its six major operating systems—iOS, iPadOS, macOS, watchOS, tvOS, and visionOS—by adopting a year-based suffix naming convention instead of traditional version numbers. For instance, at the upcoming Worldwide Developers Conference (WWDC) in 2025, Apple is set to…
Nvidia Reports $44.062B Revenue in Q1 FY2026, Net Profit Up 26% Year-Over-Year
May 29 2025 – Nvidia Corporation unveiled its financial results for the first quarter of fiscal year 2026 today, revealing substantial growth across key metrics despite some fluctuations in profitability. The semiconductor giant reported total revenue of 44.062billionforthequarter,markingarobust6918.775 billion, reflecting a 26% annual growth but a 15% quarterly decline. Breaking down the performance by business…
Meta Unleashes Retail Expansion Plan: A Direct Challenge to Apple’s Retail Empire
May 29 2025 – A recent post from Business Insider revealed that Meta is gearing up to take on Apple’s retail strategy. The tech giant is actively planning a significant retail expansion, aiming to open more physical stores and hire retail staff. Currently, Meta only operates one “Meta Store” within its campus in Burlingame, California….
Stellantis Appoints New Chief After Six-Month Search to Fill Top Auto Leadership Role
May 29 2025 – After a rigorous six-month search process, European automotive giant Stellantis Group has finally found its new leader. The company announced in Amsterdam on May 28 local time that Antonio Filosa, currently serving as the Chief Operating Officer of the Americas region (covering both North and South America) and the Group’s Chief…