Business

Smart Ring Maker Targets $3 Billion from IPO

Smart Ring Maker Targets $3 Billion from IPO

Oura, the manufacturer of the prominent smart ring, is aiming to raise $3 billion through an initial public offering (IPO) that would value the company at more than $16 billion, according to a filing made in May.

EC Designates ChatGPT, Reddit, and Roblox Under DSA

EC Designates ChatGPT, Reddit, and Roblox Under DSA

The European Commission has officially designated ChatGPT as a Very Large Online Search Engine (VLOSE), while Reddit and Roblox have been categorized as Very Large Online Platforms (VLOPs) under the framework of the Digital Services Act (DSA).

NextGenerationEU Reaches Implementation Deadline

NextGenerationEU Reaches Implementation Deadline

The NextGenerationEU program is now moving into its final phase, with the administrative focus shifting toward completing the necessary steps for the successful conclusion of the Recovery and Resilience Facility (RRF).

EU Orders Supercomputer from Bull

EU Orders Supercomputer from Bull

The European Union has officially awarded Bull a €387.8 million contract to construct a new supercomputer specifically designed for AI workloads.

Nvidia in Collaboration Talks with a Chip Startup

Nvidia in Collaboration Talks with a Chip Startup

Nvidia is in early discussions with Rebellions, a South Korean AI chip designer, regarding possible collaborations, including technical partnerships, investments, or potentially an acquisition.

AI Is Reshaping Zalando From Within

AI Is Reshaping Zalando From Within

Artificial intelligence at Zalando is no longer a stand-alone technology experiment, but part of the way the platform connects customers with products and content.