Exzeo Group, a Tampa-based insurance tech company, has officially joined the New York Stock Exchange. Their shares kicked off trading at $21 each, matching their initial target price. This move values the company at approximately $1. 91 billion. The path to this debut wasn't smooth. On Tuesday, Exzeo sold 8 million shares through their initial public offering. They ...
The US has taken a firm stand against several tech companies. It has added them to a special list. This list restricts who can access certain technologies. The US claims these companies wanted to use advanced tech for military purposes. These technologies include supercomputing, artificial intelligence, and quantum technology. The list includes over 50 Chinese compan...
Imagine two tech giants, Project44 and MyCarrier, standing face to face in a courtroom. The air is thick with tension as they argue over broken promises and faulty services. Project44 is pointing fingers, accusing MyCarrier of secretly developing a rival product, even though they swore they wouldn't. MyCarrier, on the other hand, is defending their actions, claiming ...
The tech world is buzzing with news that Nvidia, the chipmaker, is replacing Intel in the Dow Jones Industrial Average. This shift comes as no surprise, given Nvidia's massive success in the artificial intelligence (AI) market. In just two years, Nvidia's value has skyrocketed by $3. 1 trillion, making it the second most valuable company after Apple. This growth is d...