Chinese startup Even Realities Technology, founded by former Apple engineer Will Wang, raised $150 million in a pre-Series B round, reaching a $1 billion valuation. The company develops AI-integrated smart glasses focused on privacy, with no cameras but features like messaging and live translation via heads-up displays. Even Realities aims to compete in the growing global smart glasses market, currently led by Meta with nearly 70% share. The funds will support product innovation, AI integration, and global expansion.
Nvidia's market capitalization reached $5.841 trillion on October 6, 2026, exceeding the combined value of Meta, Amazon, and AMD. The company's strong financial performance includes a 105.85% revenue increase year-over-year to $96.22 billion in Q2 fi...
Broadcom's AI chip revenue surged 221% year-over-year last quarter, driving optimistic forecasts for the next five years. A $5,000 investment in Broadcom today could be worth about $8,706 by 2031, reflecting a 74% return under the base scenario, with...
A Santa Fe judge will soon decide how much Meta owes New Mexico after a jury found Meta liable for over 43 million data privacy violations related to the Cambridge Analytica scandal. The New Mexico Department of Justice demands between $35 billion an...
Meta has started testing a new Facebook user experience in India that opens the app directly into full-screen video, highlighting Reels. This test aims to create a more immersive, video-centric experience and follows Meta's broader strategy to priori...
Stocks hit record highs led by Nvidia, Microsoft, and Meta, even as Treasury yields surged to multiyear highs. CNBC's Jim Cramer highlights that these AI leaders are masking broader market weakness caused by rising rates, which typically pressure sto...
