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Artificial intelligence is turbocharging the development of new technologies and in turn accelerating the disruption of existing tech-based businesses.
The technology firms allegedly relied on millions of copyrighted articles to train chatbots like ChatGPT and other AI features, allegedly causing billions of dollars in statutory and actual damages.
Anduril is likely to use the cash infusion to fund more strategic acquisitions — like the recently announced purchase of autonomous aircraft developer Blue Force Technologies.
October 4, 2023
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Orders on the grocery delivery platform rose 18 percent to almost 263 million in 2022 but were virtually flat in the first half of 2023 compared with a year earlier.
The lawsuits claim SPAC executives pushed through deals that allowed them to cash in their founder shares, even if lofty valuations and overly-optimistic business plans posed long-term risks to other shareholders.