Columbus, OH

Fortune

The startup, now worth $2.8 billion, develops chips that specialize in speeding up AI "inference" and offers the compute power through its own AI cloud service.

Nvidia challenger Groq just raised $640 million for its AI chips. Its college dropout CEO says a viral moment was ‘a game changer’

On Monday generative AI model startup Cohere celebrated a fresh $500 million in new funding at a $5.5 billion valuation, and on Tuesday  company said it was laying off about 20 employees (out of close to 400).

A day after raising $500 million, AI startup Cohere told staff it was laying off about 20 employees

Business Insider

Ho's stake in the newly-public company is worth nearly $70 million. Bloomberg estimates his family's fortune at $13 billion.

Meet the 29-year-old son of a casino billionaire who just took his influencer and esports company public

Ursa Major, one of the upstart developers of rocket motors and engines, surprised the industry on Thursday by appointing former Maxar Technologies CEO Dan Jablonsky as its new top executive, succeeding Joe Laurienti, who is also the startup’s founder and has positioned the company for the next stage of growth.

Former Maxar Chief Dan Jablonsky to Lead Rocket Motor Startup Ursa Major

Prominent eVTOL developer AutoFlight has announced the signing of a strategic cooperation agreement with battery behemoth CATL in which the latter will invest hundreds of millions to support the former’s arial technology development. AutoFlight is a Shanghai-based aviation specialist focused on developing and integrating autonomous eVTOL air taxis into...

CATL is investing hundreds of millions of dollars in eVTOL developer AutoFlight

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Missouri State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

These are the key highlights from Ripple's most recent quarterly report. According to a quarterly report by Ripple, the San Francisco-headquartered company currently holds 4.682 billion XRP tokens in its wallets. On top of that, it also has 39.5 billion XRP tokens that are subject to on-ledger escrow lockups. Ripple...

Here's How Many XRP Tokens Ripple Has Now

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NewsNinja

‘Like I could’ve got hibachi for that price.’. What’s the most you would pay for a Chick-fil-A meal? Whatever number you gave is probably still lower than what this first-time Chick-fil-A customer’s meal cost.

‘Did I get got?’: Chick-fil-A customer questions if she got scammed after one meal comes out to $30

The musician and mogul's firm Marcy Venture Partners may be undergoing a merger with Pendulum Holdings, a firm co-founded by Barack Obama's former financial advisor. Jay-z is reportedly making major waves in the venture capital space. The music legend and mogul’s venture capital firm, Marcy Venture Partner may be laying...

Jay-Z's Venture Capital Firm Is Reportedly Laying Plans To Deploy A Merger That Could Be Valued At $1B

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The startup provides a wide range of location-based analytics to companies in verticals like retail, events and entertainment, CPG, real estate, financial services and healthcare by combining AI with anonymized data that it sources from third-party apps. We first became aware of the funding by way of a Form D...

Placer.ai boosts valuation to $1.5B after quietly raising another $75M

Virginia State

Anchorage, AK

Cheryl E Preston

Daily Express reports that Roger Allan Holmberg Sr., a Virginia pastor, has been accused of hitting his wife while on an Alaskan Airlines flight from Seatle to Anchorage. Holberg allegedly verbally and physically abused his wife, who said she has epilepsy, and her husband hit her in the head, knowing it could cause a seizure.

Virginia pastor facing federal charges after he allegedly hit his wife on an Alaskan Airlines flight

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

But what exactly is Dojo? And why is it so critical to Tesla’s long-term strategy?. In short: Dojo is Tesla’s custom-built supercomputer that’s designed to train its “Full Self-Driving” neural networks. Beefing up Dojo goes hand-in-hand with Tesla’s goal to reach full self-driving and bring a robotaxi to market. FSD, which is on about 2 million Tesla vehicles today, can perform some automated driving tasks, but still requires a human to be attentive behind the wheel.

Tesla Dojo: Elon Musk’s big plan to build an AI supercomputer, explained

Chris Weber, former chief revenue officer at GitLab, has joined Amazon’s Project Kuiper satellite business as its new vice president of sales and marketing. Weber is a longtime tech leader who spent more than 24 years at Microsoft, where he held various corporate vice president roles. He was also an executive vice president at Nokia and was chief business officer at UiPath before joining software development company GitLab in July 2023.

Tech Moves: Former GitLab exec Chris Weber joins Amazon’s Project Kuiper team

The Associated Press

TREMITI ISLANDS, Italy--(BUSINESS WIRE)--Aug 5, 2024-- Enry’s Island S.p.A continues to show impressive growth after the €20M funding round with the US fund LDA and its listing on the Vienna Stock Exchange. In the first 3 months since the listing in April 2023, the stock price has recorded a +30% increase. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240805965375/en/ Explosive growth for Enry’s Island S.p.A., which finalizes listing on the Vienna Stock Exchange, becoming the first and only listed venture builder, closing a 2023 with +98% on revenues, +1335% on Net Profit and +90% on portfolio volume. (Photo: Business Wire)

Explosive Growth for Enry's Island S.p.A., Which Finalizes Listing on the Vienna Stock Exchange, Becoming the First and Only Listed Venture Builder, Closing a 2023 with +98% on Revenues, +1335% on Net Profit and +90% on Portfolio Volume

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

Alphabet is leveraging advanced AI capabilities to strengthen its core search and cloud offerings. Oracle has emerged as a major data center infrastructure provider for companies training large language models. Alphabet and Oracle have more room to run. The U.S. stock market has seen multiple ups and downs in the...

2 Artificial Intelligence Stocks to Buy Hand over Fist Right Now

The Motley Fool

After an epic run, some AI stocks are taking a breather, representing a compelling opportunity for savvy investors.

2 Powerhouse Artificial Intelligence (AI) Stocks That Could Soar as Much as 115%, According to Select Wall Street Analysts

NewsBreak

When a big company comes after a hot startup, it’s not a slam dunk decision to sell

We spoke to Jyoti Bansal, who is founder and CEO at Harness, a developer tools startup that has raised approximately $575 million and has made a...

When a big company comes after a hot startup, it’s not a slam dunk decision to sell

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