Speed

Tencent Unveils Turbo AI Model Outpacing DeepSeek With Superior Speed and Efficiency

6 days ago

In a major development for the artificial intelligence sector, Chinese tech giant Tencent has announced the launch of its latest AI model, dubbed **Turbo**. The model is being heralded as a groundbreaking advancement, claiming to be significantly faster and more efficient than existing language models, including the renowned DeepSeek. This competitive edge positions Turbo as a formidable contender in the rapidly evolving landscape of AI technology.

Thailand Takes Action: Short Selling and High-Speed Trading to Be Restricted Amid Market Selloff

14 days ago

In response to significant volatility in the financial markets, the Thai government has announced measures to limit short selling and high-frequency trading. This decision comes as the stock market grapples with a notable selloff, prompting regulatory bodies to intervene to stabilize the economic situation.

Lightspeed's Major Stock Plunge: A Decisive Choice to Remain Public and Buy Back Shares

27 days ago

Lightspeed Commerce Inc., a well-known player in the e-commerce and retail technology sectors, has recently experienced a significant drop in its stock price. This unexpected shift comes on the heels of the company’s announcement regarding its intention to forgo a sale and instead focus on repurchasing its own stock. These developments have prompted a wave of reactions from analysts and investors alike, leading to concerns about the company’s future direction and market confidence.

Charter Communications Faces Challenging Times with Declining Broadband Subscribers Amid Cable TV Struggles

1 month ago

In a recent financial disclosure, Charter Communications, one of the leading players in the cable television and broadband industry, reported a significant drop in its broadband subscribers. This situation is exacerbating the company’s ongoing struggles in the face of a rapidly changing media landscape and increasing competition from various streaming services and new-age telecommunications providers.

Lightspeed Ventures Makes Strategic Moves in AI: Betting Big on Anthropic, X.AI, and Mistral

1 month ago

In a bold move signaling a strong confidence in the future of artificial intelligence, Lightspeed Venture Partners has made substantial investments in three prominent AI firms: Anthropic, X.AI, and Mistral. This development, reported on January 24, 2025, highlights the growing trend of venture capitalists doubling down on innovations within the AI space, particularly in the realm of generative technologies.

Lightspeed Champions Croatian Startup Innovating Drone Technology Without Chinese Components

3 months ago

In a significant move reflective of the growing interest in independent tech solutions, Lightspeed Venture Partners has announced its investment in a Croatian startup dedicated to developing drones free from Chinese components. This strategic backing is poised to elevate the company's potential within the drone manufacturing sector, especially amid rising geopolitical tensions and a global push for supply chain resilience.