City Altimeter Financial News

13.03 / 22:35

markets UPS Strategy pandemic 2020 reports Déjà Vu? Hedge funds make bold moves not seen since the COVID market crash; what's behind the shift? Here's what you need to know

Hedge funds are making extreme moves that are beginning to look similar to the opening phases of the COVID-19 crisis, as per a report.

23.08 / 04:01

Google CEO Platform NVIDIA Perplexity AI to launch ads on search platform by fourth quarter

Nvidia and Jeff Bezos-backed Perplexity AI said on Thursday that it plans to introduce advertising on its artificial intelligence-powered search platform by the fourth quarter. Last month, the AI startup launched a program for publishers with an initial batch of partners, including TIME, Der Spiegel, and Fortune, in which it plans to share revenue from interactions where a publisher's content is referenced. Since ChatGPT first launched in November 2022, major search engines have been trying to integrate AI into web search, and analysts have viewed AI-assisted search as a threat to Google's dominant position in the industry ever since the AI boom started.

22.09 / 10:15

COST CEO Remark BAY show social 2024 US Polls 2024: Vivek Ramaswamy's Silicon Valley fundraiser dinner to cost ₹41 lakh per ticket. More details here

Vivek Ramaswamy will be hosting an ‘intimate dinner’ for fundraising for his presidential campaign with Silicon Valley bosses. The Indian-American Republican presidential candidate despite all his controversial remarks seems to have become a more favourable candidate defeating De Santis for the US Polls 2024. According to pamphlet that has been shared on social media, the “intimate dinner and discussion" with Ramaswamy will be held at the home of investor and CEO of Social Capital Chamath Palihapitiya San Francisco Bay Area.

31.10 / 08:43

business Facebook Adoption virtual reality Facebook became Meta one year ago: Here's what it’s achieved

It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021.

25.10 / 06:33

business Facebook Blockchain Adoption Meta Ceo Zuckerberg's $100B metaverse gamble is 'super-sized and terrifying,' shareholder says

A shareholder’s open letter to Meta CEO Mark Zuckerberg has labeled the tech giant's investment into the Metaverse as “super-sized and terrifying.”

12.05 / 21:33

Microsoft CEO Strategy Hedge fund winners and losers emerge in brutal tech-driven sell-off

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