What is DeepSeek? A Game-Changing Chinese AI Startup In a major shake-up on Wall Street, a new Chinese artificial intelligence company called DeepSeek has emerged as a serious contender to AI giants such as OpenAI and Google. With cutting-edge technology that some experts are claiming rivals that of OpenAI's ChatGPT, DeepSeek is quickly capturing attention, […]
DeepSeek AI Launch Causes Global Tech Stock Slump: What’s Next for AI? The debut of DeepSeek AI has rocked the global tech sector, resulting in a major market downturn and wiping out nearly $1 trillion in the value of the world's leading technology companies. As DeepSeek’s AI model outperforms established competitors, it’s not just investors […]
Shou Zi Chew: TikTok CEO Who Now Counts Trump as Ally Shou Zi Chew: The Rise of TikTok’s Visionary CEO Shou Zi Chew, the Chief Executive Officer of TikTok, is a name that has recently been thrust into the global spotlight due to his poised leadership and remarkable presence in the media. Born in Singapore […]
LG Electronics Acquires Majority Stake in Bear Robotics for $600M In a strategic move to solidify its position in the burgeoning robotics and AI sector, LG Electronics has acquired a majority stake in Bear Robotics, a California-based startup revolutionising the restaurant industry with its AI-powered server robots. The deal, valued at approximately $600 million, makes […]
Ati Motors Secures $20 Million to Lead Global Robotics Revolution Ati Motors, an innovative robotics startup based in Bengaluru, has successfully secured $20 million in Series B funding, further solidifying its position as a trailblazer in the industrial automation sector. The company’s expertise lies in autonomous mobile robots (AMRs), which are rapidly transforming material handling […]
Moniepoint Secures Investment from Visa to Enhance Contactless Payments in Africa Moniepoint, an emerging African fintech leader, has secured a strategic investment from Visa, further solidifying its position in the fast-growing digital payments landscape in Africa. This landmark partnership is expected to bring significant advantages to Moniepoint’s operations, accelerating the fintech's mission to increase financial […]
Meta Under Fire for Alleged Censorship and Removal of Fact-Checkers Meta, the parent company of Facebook and Instagram, is facing mounting criticism following reports of censorship of Democratic-related content and the controversial decision to abandon independent fact-checkers on its platforms. The move, which will replace professional fact-checking with a user-driven "community notes" system, has sparked […]
UAE’s Expanding Role in the Global Space Economy: Innovations, Partnerships, and Future Growth The UAE is rapidly evolving as a significant player in the global space economy, demonstrating resilience and determination after setbacks like the Rashid Rover’s crash. The nation’s recent strides reflect a calculated strategy to integrate technology, diplomacy, and investment, establishing itself as […]
Chinese Tech Giants Challenge U.S. Military Designations Several prominent Chinese technology companies, including Tencent, CATL, and SenseTime, are contesting their recent inclusion in the U.S. Department of Defense’s (DoD) list of "Chinese Military Companies" (CMC). This move by the U.S. government has sparked objections and potential legal action from the affected firms, which argue that […]
PowerSchool Data Breach Exposes Sensitive Records of Millions Nationwide In one of the largest educational data breaches to date, hackers infiltrated PowerSchool’s systems, compromising sensitive information about students and teachers across the United States. PowerSchool, a leading provider of educational software used by over 50 million students, confirmed the attack in December, sending shockwaves through […]
Meta Sparks Controversy with Workforce Cuts and Policy Changes Meta, the tech conglomerate behind Facebook, Instagram, and WhatsApp, has ignited widespread debate with its recent announcement to cut 5% of its workforce. This decision, targeting what the company labels as its “lowest performers,” could affect approximately 3,600 employees out of its total workforce of 72,000 […]
Synthesia Raises $180 Million, Reaching $2.1 Billion Valuation Amid AI Video Boom Synthesia, the London-based AI video platform, has raised $180 million in a Series D funding round, pushing its valuation to $2.1 billion. Amid growing concerns over the misuse of deepfake content, Synthesia is positioning itself as a leader in responsible AI video applications, […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
