World News

In late 2022, the German sportswear giant terminated its contract with the US rapper, now formally known as Ye, following backlash from a series of anti-Semitic social media posts.

Cognition, a tech company, introduces Devin, the world’s first AI software engineer, capable of coding, creating websites, and software using just one prompt. It’s designed to collaborate with human engineers.

Sweden, now the 32nd member, has joined NATO, abandoning its neutrality amid concerns over Russian aggression in Europe after many decades.

Bumble, the dating app, intends to cut around 37% of its staff, roughly 350 employees, citing a downturn in revenue and user spending during the first quarter. CEO Lidiane Jones …

In the fourth quarter, Berkshire Hathaway reported operating earnings of $8.481 billion, derived from profits across its insurance, railroads, and utilities businesses.

The company exceeds Wall Street’s expectations by achieving a 265% increase in sales, thanks to what it calls a significant moment for AI.

Nvidia’s shares have surged 36% this year, making it the best-performing stock in the S&P 500 index, and contributing significantly to the index reaching record highs in 2024.

Nvidia has benefited greatly from the recent tech industry focus on large AI models, which are built using the company’s expensive graphics processors designed for servers.

Over the last 30 sessions, Nvidia’s daily trading volume averaged around $30 billion, exceeding that of Elon Musk’s Tesla, which averaged $22 billion per day during the same period.

The valuation of the AI startup tripled in under 10 months.