Here are 10 free communication apps you should use today. The most recent additions are listed below, but feel free to explore the entire list. Today, we text more frequently than we call. Not that we never make calls now; it’s just that they take longer and are frequently inconvenient. Texting provides a rapid means of…
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Collateralised Burrito Obligations’ aren’t enough for social media users.
It was only a standard press release touting a new method of ordering food. Was it, though? It was not, apparently. Recently, there has been a lot of talk on social media, particularly in certain financial circles, about a speculative financial instrument that has the potential to bring down Wall Street: the burrito loan. Why…
As concerns over tariffs rise, the Fed lowers its outlook for US growth.
The US central bank cautioned that President Donald Trump’s tariffs were “clearly” driving up prices, therefore it lowered its growth prediction. With interest rates remaining steady, the Federal Reserve announced its forecasts for the largest economy in the world on Wednesday, stating that it wanted to see how the White House’s policies developed. The largely…
Shares of Astera Rise After IPO
Following the company’s $713 million IPO on the Nasdaq, which priced significantly above the anticipated range, Astera Labs’ shares ended Wednesday’s trading session up more than 72%. Located in Santa Clara, California Late Tuesday, Astera, a company that develops data center networking technology with applications in generative AI, set the price of its shares at…
Celestial AI, a chip startup, is valued at $2.5 billion.
Celestial AI, a business focused on optical interconnectivity, raised $250 million in a Series C1 financing headed by Fidelity Management & Research Co. at a stated valuation of $2.5 billion. The business secured a $175 million Series C headed by Thomas Tull’s US Innovative Technology Fund about a year prior to the new funding. The…