Jeff Bezos-Backed Perplexity AI Faces Lawsuit In Japan As Media Giants Nikkei, Asahi Claim AI Platform Illegally Stored, Misused Articles - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Jeff Bezos-Backed Perplexity AI Faces Lawsuit In Japan As Media Giants Nikkei, Asahi Claim AI Platform Illegally Stored, Misused Articles – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Japanese media giants Nikkei and Asahi Shimbun have filed a lawsuit against Perplexity AI, which is backed by Amazon founder Jeff Bezos and Nvidia Corporation NVDA. They accused the AI search startup of copying and storing their content without permission. Nikkei And Asahi Seek $30 Million In Damages The lawsuit, filed Tuesday in Tokyo, alleges…

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Bill Gates Once Said ChatGPT Would Impact Many Office Jobs — Fast Forward To Today, Have His Words Come True?

Bill Gates Once Said ChatGPT Would Impact Many Office Jobs — Fast Forward To Today, Have His Words Come True?

In early 2023, Microsoft co-founder Bill Gates described OpenAI’s ChatGPT as revolutionary, comparing it to the invention of the internet. What Bill Gates Said About ChatGPT Back In 2023 Speaking to Handelsblatt at the time, Gates said the chatbot would make office work “more efficient by helping to write invoices or letters. This will change…

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Bill Gates Is Betting Two-Thirds Of His Foundation's Portfolio In These 3 Stocks - Microsoft (NASDAQ:MSFT), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

Bill Gates Is Betting Two-Thirds Of His Foundation’s Portfolio In These 3 Stocks – Microsoft (NASDAQ:MSFT), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

The Gates Foundation Trust, founded by the billionaire Bill Gates, has a portfolio valued at $41.806 billion, which is concentrated in these three stocks as of the end of the first quarter of 2025. What Happened: The foundation has received donations from Gates and the Oracle of Omaha, Warren Buffett, since the year 2000 and…

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China's $8.2 Billion Fund Targets AI Startups In The Race For Global Tech Leadership

China’s $8.2 Billion Fund Targets AI Startups In The Race For Global Tech Leadership

China has announced a 60 billion yuan (US$8.2 billion) government-aided fund for jump-starting early-stage artificial intelligence projects, consolidating its ambition to dominate the global AI race. The move comes amidst escalating trade tensions with the U.S. and an increasing country-wide push for technological self-sufficiency. What Happened: Zhang Jianhua from the Ministry of Industry and Information…

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Jeff Bezos And Nvidia-Backed Perplexity AI Eyes $18 Billion Valuation In New Funding Round — Doubling In Just 4 Months - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Jeff Bezos And Nvidia-Backed Perplexity AI Eyes $18 Billion Valuation In New Funding Round — Doubling In Just 4 Months – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Perplexity, backed by Amazon.com Inc. AMZN founder Jeff Bezos and Nvidia Corp. NVDA is reportedly in talks to raise up to $1 billion in a new funding round that would value the company at $18 billion—double its valuation just four months ago. What Happened: Perplexity is in discussions to raise between $500 million and $1…

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Bill Gates' Concerns, Nvidia' Leap In Genetic Research, Elon Musk's Grok Beats OpenAI's ChatGPT, And More: This Week In AI - Alibaba Gr Hldgs (NYSE:BABA), Apple (NASDAQ:AAPL)

Bill Gates’ Concerns, Nvidia’ Leap In Genetic Research, Elon Musk’s Grok Beats OpenAI’s ChatGPT, And More: This Week In AI – Alibaba Gr Hldgs (NYSE:BABA), Apple (NASDAQ:AAPL)

The week was abuzz with news from the tech world, with artificial intelligence (AI) taking center stage. From Bill Gates issuing a warning to the next generation to Nvidia Corp. NVDA and Alibaba Group Holding Ltd. BABA making strides in AI, the weekend was anything but quiet. Let’s dive into the top stories. Bill Gates’ Warning to the Next Generation In…

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Bill Gates Has A Warning For The Next Generation, Says Be 'Very Afraid' Of These 4 Issues

Bill Gates Has A Warning For The Next Generation, Says Be ‘Very Afraid’ Of These 4 Issues

Bill Gates has outlined critical challenges for future generations, emphasizing the importance of addressing bioterrorism, climate change, and artificial intelligence. What Happened: The Microsoft Corp. co-founder, reflecting on his fears from the 1950s, also noted the persistent threat of nuclear war. However, he highlighted additional concerns for younger generations, including the potential dangers of bioterrorism and the…

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Jeff Bezos-Backed Anthropic Fights US Move To Block Google’s Search Proposal - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Jeff Bezos-Backed Anthropic Fights US Move To Block Google’s Search Proposal – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Jeff Bezos-Backed Anthropic, an artificial intelligence (AI) developer, has filed a plea with a federal court to dismiss a U.S. government proposal that would prevent Alphabet Inc.‘s GOOGL GOOG Google from investing in AI startups. The proposal is intended to address Google’s alleged monopolization of the online search market. What Happened: Anthropic, in a court filing on Friday,…

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Why VOO Investors Should Keep Calm Despite AI Stock Turbulence - Vanguard S&P 500 ETF (ARCA:VOO)

Why VOO Investors Should Keep Calm Despite AI Stock Turbulence – Vanguard S&P 500 ETF (ARCA:VOO)

The AI-driven market surge has hit troubled times and JPMorgan analyst Jason Hunter is telling investors to be cautious. Recent bear gaps in AI stocks have cracked short-term trend support, leaving tech darlings like Nvidia Corp (NVDA), Broadcom Inc (AVGO) and Marvell Technology Inc (MRVL) looking vulnerable. But before VOO investors start sweating, there’s a…

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Jim Cramer Says The 'Shoot First Learn Later' Crowd Got 'Hosed' As Nvidia And Other Tech Stocks Stage Recovery After DeepSeek Turmoil - NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO)

Jim Cramer Says The ‘Shoot First Learn Later’ Crowd Got ‘Hosed’ As Nvidia And Other Tech Stocks Stage Recovery After DeepSeek Turmoil – NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO)

Jim Cramer took aim at panic sellers Tuesday as major tech stocks recovered from a sharp decline triggered by Chinese artificial intelligence startup DeepSeek‘s market entrance, with NVIDIA Corp. NVDA leading the rebound with an 8.82% gain. What Happened: “The shoot first learn later crew really got hosed today,” CNBC’s Cramer wrote on X, following…

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