Anthropic raises $13 billion funding round at $183 billion valuation

Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Anthropic on Tuesday announced it has closed a $13 billion funding round at a $183 billion post-money valuation, roughly triple what the artificial intelligence startup was worth as of its last…

Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant’s cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development….

Pilots test first-of-its-kind cockpit alert system that detects possible collisions on runways

NEWYou can now listen to Fox News articles! KANSAS CITY, Mo. – Engineers are in the final testing phase of a cockpit alert system they say could prevent close calls on the runway.  Honeywell Aerospace’s “Surface Alert System,” or “SURF-A,” can detect when a rogue aircraft gets in the way of another plane that has…

BYD’s Hong Kong shares fall nearly 8% after quarterly profit drop

Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images Hong Kong-listed shares of BYD fell by as much as 7.87% on Monday after the Tesla rival reported a quarterly profit drop amid an aggressive price war across its domestic industry. The Chinese electric vehicle…

Global movement to protect kids online fuels a wave of AI safety tech

Spotify, Reddit and X have all implemented age assurance systems to prevent children from being exposed to inappropriate content. STR | Nurphoto via Getty Images The global online safety movement has paved the way for a number of artificial intelligence-powered products designed to keep kids away from potentially harmful things on the internet. In the…

‘AI may eat software,’ but several tech names just wrapped a huge week

A banner for Snowflake Inc. is displayed at the New York Stock Exchange to celebrate the company’s initial public offering on Sept. 16, 2020. Brendan McDermid | Reuters MongoDB’s stock just closed out its best week on record, leading a rally in enterprise technology companies that are seeing tailwinds from the artificial intelligence boom. In…