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Nvidia customers notified about AI-related price hikes above 15%: BloombergThe price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin...- Anthropic hires Google chip veteran Amir Salek as part of push into hardwareAI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own...
- Memory stocks face headwinds as 'smart money' walks outMemory stocks showed initial promise but are now faltering, weighed down by anxiety surrounding the artificial intelligence market. Sandisk...
- What if Meta loses trial? Penalties may top $1.4 trillion, matching its market capMeta, which owns Facebook and Instagram, is being sued by a bipartisan coalition of states on allegations of deceiving the public and desig...
- Powerful Friday Motivation Quote: ‘If you don’t fail, you’re not…’ - Sundar Pichai’s inspiring lesson on why failure is the key to ambition and successSundar Pichai's words highlight that ambition involves taking risks and accepting potential failures. Failure is presented not as a setback...
- Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
- Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
- Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
- Meta, 29 states head to court in biggest test yet of youth social media litigationThe trial in Oakland, expected to last seven weeks, will test Colorado, Kentucky, California and New Jersey's allegations that Meta designe...
- US court rules Meta, other tech firms must face thousands of lawsuits over social media addictionThe San Francisco-based 9th U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling re...
- US appeals court allows thousands of lawsuits against social media companies over user addiction claims to proceedAn appeals court permitted thousands of lawsuits against social media firms to advance. These suits allege companies designed products to a...
- Indian diaspora could be UPI’s ticket to the global payments mapNPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could...
- YouTube’s creator middle class is pulling up a seat at the investment tableInvestment firms are recognizing YouTubers as a growing, underserved market. These firms offer capital and tools to help creators scale the...
- Berkshire Hathaway spends down cash pile under CEO Greg AbelBerkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks an...
- OpenAI’s new device will be hockey puck-sized and cost over $300The product — essentially a smart speaker without a display — will be shaped like a doughnut that’s roughly the size of a hockey puck, said...
- AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...
- AI isn’t a catch-all trade for stocks in this earnings seasonInvestors are becoming more selective about AI-linked stocks, rewarding companies such as Microsoft and Amazon for showing clear returns fr...
- Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
- Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
- Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
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