Hilton Family Office Invests in Technology Labs The Hilton family office, known for its diverse investment portfolio, recently announced a strategic investment in Technology Labs. This move highlights the family’s continued interest in supporting innovative technology companies. The specific amount of the investment was not disclosed. Strategic Investment Focus Technology Labs focuses on developing cutting-edge…
Hilton Family Office Invests in Technology Labs The BH Hoak Foundation, the family office of Barron Hilton, has announced a strategic investment in Technology Labs. Technology Labs is a company focused on developing solutions using artificial intelligence (AI) and blockchain technology. This investment signals a strong interest in fostering innovation within the technology sector. Focus…
Aesen Targets Subsea Cable Innovation Aesen is developing advanced solutions for subsea cable operations. The company aims to improve how offshore energy infrastructure is installed and maintained. Their work focuses on making these processes more efficient and cost-effective. New Subsea Technologies Aesen is creating specialized equipment for handling subsea cables. This includes tools for cable…
OpenAI Adds Parental Controls to ChatGPT for Teen Safety OpenAI is taking steps to make ChatGPT safer for teenagers. The company has introduced new parental control features. These tools allow parents to monitor and manage their teen’s use of the AI chatbot. New Parental Control Features The new features include the ability for parents to…
Wayve and NVIDIA Join Forces for Self-Driving Innovation Wayve, a British company specializing in autonomous driving technology, is partnering with NVIDIA. They aim to create advanced artificial intelligence (AI) models for self-driving vehicles. This collaboration seeks to improve the safety and capabilities of autonomous driving systems. AI Model Development The partnership will focus on developing…
Electronic Arts to Be Acquired in Major Deal Electronic Arts (EA), a major player in the video game industry, is expected to be acquired. The deal involves private equity firm Clayton, Dubilier & Rice. This acquisition could significantly change the gaming world. What’s Happening? Clayton, Dubilier & Rice are in advanced talks to acquire EA….
Electronic Arts to Be Sold in Major Buyout Deal Electronic Arts (EA), a major video game company, has agreed to be sold. The deal is a leveraged buyout. This means a large amount of borrowed money will be used to finance the purchase. The agreement could be the largest leveraged buyout ever. The news comes…
Mike Cavanagh Becomes Comcast Co-CEO Comcast Corporation has announced that Mike Cavanagh is now co-CEO. He will share the chief executive role with Brian Roberts. This change took effect on January 1, 2024. Cavanagh was previously the president of Comcast. His promotion suggests a new direction for the company. Comcast is a major player in…
OpenAI Introduces Parental Controls for ChatGPT OpenAI has released new parental control features for its popular AI chatbot, ChatGPT. This update is designed to improve safety for younger users. It follows concerns about potential risks associated with AI technology. The company aims to provide tools for parents to manage their children’s use of ChatGPT effectively….
Algorand Foundation Appoints Nikolaos Bougalis as Chief Technology Officer The Algorand Foundation has named Nikolaos Bougalis as its new Chief Technology Officer (CTO). Bougalis will be responsible for guiding the foundation’s technology strategy and overseeing its development efforts. This includes work on the Algorand blockchain protocol. The Algorand Foundation supports the growth of the Algorand…