Tag: Tech Industry
AWS Follows Microsoft and IBM in Curtailing AI RandD Activities in China
Amazon Web Services has shut down its Shanghai AI research lab, joining other U.S. tech giants like Microsoft and IBM in scaling back China-based R&D amid rising geopolitical tensions. This move highlights a broader trend of American companies realloc...
Mira Murati’s $2 Billion AI Revolution: The Bold Quest to Build Humanity’s Next-Gen Thinking Machines
Mira Murati, former OpenAI CTO, leads Thinking Machines Lab—a groundbreaking AI startup that raised a historic $2 billion seed round to develop transparent, collaborative, and customizable AI systems aimed at transforming science and human-machine interac...
Venture Capital Exits Surge to $67.7B in Q2 2025, Marking Strongest Quarter Since 2021
In Q2 2025, venture capital exits surged to $67.7B, up 76% from last year and the strongest quarter since 2021. Driven by public listings, acquisitions, and buyouts, this rebound highlights renewed investor confidence and a robust VC exit market despite o...
