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US stocks today: S&P 500, Nasdaq rises as chip stocks' gains offset Middle East jittersWall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron ...
Meta to put AI chip into production in September as it looks to double computing capacity, memo showsMeta Platforms plans to manufacture its own artificial intelligence chip starting September. This initiative aims to significantly increase...
Meta's new Muse AI image generator sparks privacy, image-scraping concernsMeta's Muse Image AI generator draws criticism for its data privacy features. Users can create images from public Instagram photos without ...
WhatsApp brings AI-powered Business Agent to India, expands enterprise tools for customer supportWhatsApp has introduced the Meta Business Agent in India, an AI-powered assistant that helps businesses automate customer interactions, rec...
What is Meta's Muse Image? How to use Meta's new AI image generator, what it can do, where it's available and is it free?Meta muse image: Meta has launched Muse Image, an advanced AI model for image creation. This new tool allows users to generate and edit vis...
Meta says aggressively working to combat child exploitation on appsMeta detailed its AI-powered efforts to fight child exploitation across its platforms. The company stated it is investing more resources to...
Meta expands generative AI tools with Muse Image rolloutThe company said Muse Image, which is integrated into its Meta AI chatbot, can interpret complex prompts, use photos as inputs and let us...
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
AI investors may pivot to hyperscalers from chipmakers, Morgan Stanley saysMorgan Stanley suggests market gains are broadening beyond semiconductors. Investors may shift focus to AI hyperscalers and other sectors. ...
AI investors may pivot to hyperscalers from chipmakers, Morgan Stanley saysMorgan Stanley has recommended a strategic pivot in market investments, directing attention from semiconductor stocks to AI-based giants su...
Anthropic in talks with Samsung to develop custom AI chipAI giant Anthropic is reportedly exploring the creation of its own custom AI chips, holding talks with Samsung for a potential partnership....
US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rallyChip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck S...
Meta introduces token-based pricing for WhatsApp BusinessMeta's shift to token-based pricing signals a new phase in enterprise messaging, with businesses paying for AI usage instead of message vol...
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressureThe Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trill...
SK Hynix to spend $64 billion on chip plants under broader AI-driven investment planSK Hynix is investing a massive 100 trillion won ($64.38 billion) to build new chip plants, including a NAND flash memory facility, in Cheo...
Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
US stocks | Micron overtakes Meta, Tesla in market value amid relentless AI infrastructure demandMemory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge...
Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...