Research labs at big companies are pushing the horizons of what artificial intelligence can do in areas like image recognition, natural language processing and more. And several of the big firms are allocating ever more capital in a race to build out these capabilities. For instance, Meta Platforms Inc. says that by midsummer its AI […]
Dell Technologies Inc. over the past five years shed billions of dollars in debt as it grew its business and sold assets, such as the recent spinoff of its stake in cloud-software firm VMware Inc. The Round Rock, Texas-based personal-computer maker’s 2016 $67 billion merger with EMC Corp. loaded it with substantial debt. As of […]
Grab Holdings Ltd. , the Southeast Asian superapp that set a high watermark for SPAC mergers last year, has quickly become one of the market’s biggest post-listing flops. On Thursday, Grab’s shares plunged 37% to $3.28 apiece after the company released its 2021 results, taking its market capitalization down to around $12 billion. The Singapore-headquartered […]
It may not be an actual law of nature, but a bold statement made decades ago has predicted the dizzying advance of technology. Now it is about to falter. The business that powers everything around us from cars to smartphones to our utilities faces a reckoning. In the early days of semiconductor technology, Intel INTC […]
PAWTUCKET, R.I.— Chris Cocks played with G.I. Joe and Transformers action figures as a child. Then he moved on to Dungeons & Dragons and Magic: The Gathering. He’s still playing both at 48. Now he runs the company that makes all of those products. His goal is to sell more stuff to the people who, […]
Amazon.com Inc. AMZN -1.53% has given the Federal Trade Commission a fast-approaching deadline to deliver a verdict on its proposed $6.5 billion acquisition of the MGM movie and television studio, a move that could make it difficult for the agency to challenge the deal before the tech giant completes it. Amazon recently certified to the […]
TIRED OF feeling bloated, Kiara Brown, 29, had been working with a trainer on an exercise regimen and food-elimination diet—the arduous process of omitting certain foods to identify what might provoke an upset stomach or other maladies. Hoping to pinpoint triggers more quickly, the Los-Angeles marketing director and self-described “big foodie” ordered the TikTok-popular Everlywell […]
Amid an increasingly violent Russian invasion, Ukraine’s long-vibrant software sector is managing to churn out code for clients overseas and help the country’s war effort. Nearly a week after Russia began its broad invasion of Ukraine, many companies in the country’s large information-technology outsourcing industry say they have managed to relocate thousands of employees to […]
Russia’s space agency raised doubts this week about its future involvement in the International Space Station, adding new uncertainty as the National Aeronautics and Space Administration makes plans to start winding down the research facility. Roscosmos is skeptical about continuing to use the space station after 2024 given new sanctions relating to the Ukraine invasion, […]
In the latest twist in a long-running legal dispute over a popular gene-editing tool, U.S. patent authorities ruled that the Broad Institute deserves the credit for inventing a way to use Crispr in plants and animals. The U.S. Patent and Trademark Office’s 84-page decision involves some of the biggest names and institutions in science. It […]
