AI dominates the unicorn landscape, with over half of newly minted unicorns in Q3 emerging from the generative AI sector. Notable new unicorns include World Labs, specializing in 3D content creation, Codeium, focused on AI-powered coding, and Harvey, an AI assistant designed to support legal professionals.
AI dominates the unicorn landscape, with over half of newly minted unicorns in Q3 emerging from the generative AI sector. Notable new unicorns include World Labs, specializing in 3D content creation, Codeium, focused on AI-powered coding, and Harvey, an AI assistant designed to support legal professionals.
Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. After fleeing Russia, the brothers founded Telegram as a way to communicate outside the Kremlin's orbit. They now run it from Dubai, and Pavel Durov says it has more than 500 million monthly active users. Ukrainian President Volodymyr Zelensky said in a video message on Tuesday that Ukrainian forces "destroy the invaders wherever we can."
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