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US AI DEVELOPMENT
How China gets the Nvidia chips it needs to develop AINvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessin...- Tech investor SoftBank Group logs $7 bn quarterly net lossThe company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio o...
- Is AI selloff a window to buy? Morgan Stanley sees multiple buying opportunities on Wall StreetMorgan Stanley sees the recent AI stock selloff as an overreaction and recommends selectively buying the dip across hyperscalers, semicondu...
- AI demand unlikely to be derailed by Nvidia CEO controversy: Taiwan supply chain executivesGlobal demand for artificial intelligence (AI) is expected to remain strong despite the controversy surrounding Nvidia Chief Executive Offi...
- From streaming to software, microdrama startups rewrite their growth pitchPeak XV Partners-backed Dashverse has discontinued its consumer platform DashReels and is looking to raise $30-40 million, largely for Fram...
- Disney, Adobe to co-develop custom AI models tailored for media giantThe move, announced Monday, will start with speeding up project development timelines at Disney's Experiences division, home to its global ...
- Enterprise data intelligence platform SplashBI opens GCC in Hyderabad, to invest over $100 millionThe company plans to invest over $100 million over the next five to seven years in infrastructure, technology and talent to scale the Hyder...
- Alice in Nvidia CEO's secret world: Jensen Huang's personal affair matters far beyond than what meets the eyeConcerns about national security have emerged regarding Nvidia CEO Jensen Huang and a Chinese businesswoman, Alice Huang. US intelligence s...
- AI a boon, but its misuse can cause serious distress: NCW chiefVijaya Rahatkar, the Chairperson of the National Commission for Women, warns about the dangers of artificial intelligence, especially conce...
- UBS CEO says AI investors had been pricing for 'perfection' until sector's sharp correctionUBS Chief Executive Sergio Ermotti commented on the recent downturn in AI stocks, attributing it to unrealistic expectations. He expressed ...
- Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosionAnthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing...
- Singapore confirms a probe into Megaspeed but denies investigating Alice Huang over spy claims; how is Nvidia CEO Jensen Huang linked to the controversy?US media reports have alleged that Nvidia CEO Jensen Huang developed a 'close relationship' with an alleged Chinese spy. US intelligence be...
- Donald Trump was reportedly briefed a year ago that a suspected Chinese spy was close to Nvidia's CEO, but why was Jensen Huang never told?According to media reports, US intelligence believes Alice Huang was recruited by China's Ministry of State Security (MSS). Alice had devel...
- From TV journalist to private banker to AI chip executive: The unusual career of Alice Huang, the alleged spy linked to Nvidia CEO Jensen HuangAlice Huang, also known as Huang Le, is a Chinese citizen whose reported career spans TV journalism, banking, investment management and AI ...
- AI investment cycle may have peaked, Jefferies warns; raises India allocation to 14%According to a recent Jefferies report, global investment in artificial intelligence appears to be facing a mid-cycle correction. Although ...
- Google acquires Wyoming data center site from AI infrastructure firm CrusoeGoogle has acquired Crusoe's data center site in southeast Wyoming, the AI infrastructure developer said on Friday, a day after the Alphabe...
- Why did US stocks crash? Trump blames Democrats as AI regulation fears rattle marketsDonald Trump blamed the Democrats' midterm election gains for Wall Street's sharp selloff, as concerns over potential curbs on AI investmen...
- SoftBank credit default swaps hit 4-year high as AI profitability concerns mountSoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profit...
- SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
- Sam Altman on why India is optimistic about AI, while the US is scepticalSam Altman, CEO of OpenAI, recently praised India's swift embrace of AI, identifying it as ChatGPT's largest market. He observed that India...
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