How a 75-year-old Indian-American tech entrepreneur is betting $1 billion of his own fortune on AI’s future

[ad_1] Billionaire Silicon Valley technology leader Romesh Wadhwani, 75, is investing $1 billion of his personal fortune in predictive and generative AI technology. SAIGroup Billionaire Silicon Valley technology leader Romesh…

Palantir shares pop 20% after its third-quarter results beat estimates

[ad_1] Shares of Palantir closed up 20% Thursday after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance. Here’s how the company did: Earnings per…

AI gave tech giants a $2.4 trillion boost to their market caps in 2023

[ad_1] CFOTO | Future Publishing via Getty Images U.S. tech giants added $2.4 trillion to their market capitalizations in a year defined by the hype around generative artificial intelligence, according…

Elon Musk, Mark Zuckerberg, Bill Gates and other tech leaders in closed Senate session about AI

[ad_1] Elon Musk and Palantir co-founder & CEO Alex Karp attend a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY)…

Startup investors are fueling a boom in U.S. defense tech as China standoff opens doors at home

[ad_1] Hadrian Automation CEO Chris Power Hadrian Automation When President Joe Biden announced an executive order last month limiting U.S. investment in critical technologies in China, the venture capital community…

Palantir’s A.I. ambitions divide analysts. A bull and bear make their cases

[ad_1] Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. Aaron M.…

Palantir reports 13% revenue growth, issues guidance that tops estimates

[ad_1] Alex Karp, CEO of Palantir Technologies, leaves a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 13, 2023. Kevin Dietsch |…

Palantir stock up 11% as company rides A.I. craze

[ad_1] Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. Aaron M.…

How Palantir is helping hospitals with tasks that used to require spreadsheets and whiteboards

[ad_1] The Cleveland Clinic in Cleveland, Ohio, U.S., on Saturday, Nov. 14, 2020. On Sunday, the Ohio Department of Health reported a total of 298,096 cases in Ohio since the…

Tech leaders are calling for an A.I. pause because they have no product ready, Palantir CEO says

[ad_1] Palantir headquarters in Palo Alto, California, US, on Wednesday, May 10, 2023.  David Paul Morris | Bloomberg | Getty Images Palantir’s boss Alex Karp opposes the idea of a…