Founded in 2016, Grabango emerged as a promising contender in the burgeoning field of cashierless checkout solutions, aiming to rival the likes of Amazon’s Just Walk Out technology. The company’s innovative approach, heavily reliant on computer vision and machine learning, was designed to provide shoppers with a seamless experience by automatically tracking items as they
Enterprise
Elon Musk’s social media platform, X, has officially resumed its operations in Brazil following a lengthy confrontation with the country’s highest legal authority. The complexities of this conflict were primarily orchestrated by Minister Alexandre de Moraes, who enforced regulations aimed at curbing malicious online activity. The suspension of X on August 31 revealed the delicate
The recent ruling by U.S. District Judge James Donato marks a pivotal moment for the Android app distribution landscape. A permanent injunction against Google mandates that the tech giant facilitate alternative avenues for app downloading on its devices, significantly altering a system that has been tightly regulated for years. This decision, the foremost consequence of
The real estate industry has long been perceived as a traditional field, resistant to rapid change and innovation. However, the advent of artificial intelligence (AI) is ushering in a new era that redefines the very basis of how transactions are conducted. As real estate agents adapt to advanced technologies, the nature of their interactions with
Political affiliations within the tech industry have often stirred controversy and sparked vigorous discussions, especially when influential figures like venture capitalist Ben Horowitz take definitive steps in one direction and then abruptly change course. Just months after signaling his support for Donald Trump’s presidential campaign by contributing to political action committees (PACs), Horowitz has made
The French video game giant Ubisoft is currently facing a volatile financial landscape that has prompted discussions around a possible buyout. In a striking turn of events, shares surged by over 30% in a single trading day following revelations that Tencent and the Guillemot family, both minority shareholders, are contemplating taking the company private. With
In a remarkable turn of events, Meta’s CEO Mark Zuckerberg has ascended to become the world’s second richest individual, eclipsing Jeff Bezos with a staggering net worth of $206.2 billion as reported by the Bloomberg Billionaires Index. This shift not only signals a significant transformation in Zuckerberg’s financial landscape but also reflects broader trends in
In its latest quarterly report, Tesla announced its vehicle production and delivery numbers for Q3 2024, revealing a total of 462,890 deliveries and 469,796 vehicles produced. This performance has been met with a subdued market reaction, evidenced by a drop in Tesla’s stock, which fell by as much as 3.7% following the announcement. Analysts had
The semiconductor industry is a linchpin of modern technology, powering everything from smartphones to advanced computing systems. India’s commitment to entering this high-stakes arena, as articulated by Commerce Minister Piyush Goyal in a recent interview with CNBC, signals an exciting yet challenging journey. Goyal’s assertion that India will manufacture its first chip within two years
Cerebras Systems, a pioneering startup in the artificial intelligence (AI) chip manufacturing space, has recently taken significant steps towards an initial public offering (IPO). With aspirations to trade on the Nasdaq under the ticker “CBRS,” Cerebras is gearing up to make a splash in a domain where competition is fierce and innovation is paramount. Established