Tech

Tempus AI costs US IPO at over $6 billion valuation

(Reuters) -SoftBank Group-backed Tempus AI set the pricing of its U.S. preliminary public providing at $37 per share on Thursday, aiming to lift $410.7 million. The genetics-testing firm priced its IPO on the greater finish of is focused vary of $35 to $37, valuing the agency at about $6.10 billion, primarily based on the excellent shares listed in its submitting …

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Tesla shareholders have accepted Elon Musk’s ‘unfathomable’ pay package deal

Tesla shareholders have once more accepted Elon Musk’s multi-billion greenback pay package deal a number of months after a Delaware courtroom it. In the course of the electrical automobile maker’s annual shareholder assembly, the corporate’s stockholders signed off on a proposal to reinstate Musk’s pay package deal, at the moment price about $48 billion, in response to . Choose Kathaleen …

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Blue Origin joins SpaceX and ULA on Pentagon record for $5.6B in launch contracts

An artist’s conception exhibits Blue Origin’s New Glenn rocket on the rise. (Blue Origin Illustration) The Division of Protection has put Kent, Wash.-based Blue Origin within the working for a share of as much as $5.6 billion in national security space launch contracts, marking a primary for Jeff Bezos’ house enterprise. The choice means Blue Origin’s orbital-class New Glenn rocket …

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Elon Musk says ‘hundreds’ of humanoid robots may very well be working at Tesla in 2025

2024 Annual Stockholder Assembly Tesla chief Elon Musk has shared new footage of the corporate’s humanoid Optimus robotic, together with an replace on how growth of the robotic is progressing. The video (above), which was proven throughout Tesla’s annual stockholder assembly on Thursday, exhibits Optimus strolling at a gradual tempo and performing a process autonomously at a Tesla manufacturing unit …

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This Summer time Is Too Packed With Nice-Trying Video games

Summer time is trying stacked with big and small game releases across all platforms. For those who have been hoping you’d get a break from all of the awesome games launching this year within the hotter months of 2024, I’ve obtained unhealthy information for you and your pockets. In January 2024, we saw a massive avalanche of good games launch …

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Home of the Dragon renewed for season 3 forward of season 2 premiere

HBO has introduced that House of the Dragon will probably be again for a 3rd season. The community confirmed the renewal of the Sport of Thrones spinoff sequence in a simply three days forward of its Season 2 premiere. “George [R.R. Martin], Ryan [Condal] and the remainder of our unbelievable government producers, solid and crew have reached new heights with …

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The maths is trying good for Walmart’s automated warehouses

Walmart’s 4,600 US stores are supported by a community of 42 regional distribution facilities. Of these 42, there’s “some stage of automation” at 15 of them, CFO John David Rainey mentioned. When a distribution middle is automated, Rainey mentioned, it sees as a lot as a fourfold effectivity leap. Walmart’s store fleet is staggeringly big, and the operation to help …

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