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Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...- Amazon may face penalties from potential FTC ad suit, Bloomberg News reportsThe FTC has a possible complaint against Amazon as part of an ongoing probe, Bloomberg reported, citing people familiar with the matter. ...
- Elon Musk's net worth crosses $980 billion as blockbuster SpaceX IPO price set at $135SpaceX's IPO has been priced at $135 per share, valuing the company at around $1.8 trillion and adding an estimated $188 billion to Elon Mu...
- Who was Sequoyah? The Cherokee genius once accused of witchcraft who created a written language and changed historySequoyah, a Cherokee innovator, developed a unique writing system for his people. This invention transformed the Cherokee into one of North...
- US stocks: S&P 500, Nasdaq end up as tech, chipmakers reboundU.S. stocks largely rose Monday, with the Nasdaq and chipmakers leading the gains as investors sought bargains after Friday's selloff. Reli...
- US stocks | Alphabet taps Intel to make three million in-house chips: ReportNvidia has not placed an order with Intel yet, but has been evaluating whether the company's technology can be used to make a processor tha...
- SpaceX IPO is said to be well oversubscribed, orders close WednesdaySpaceX's initial public offering is significantly oversubscribed, with demand building for a potentially record-setting debut. Banks are cl...
- From Australia to Europe, countries move to curb children's social media accessNations worldwide are enacting strict rules for social media access by children. Australia has banned platforms for those under 16. Britain...
- Alphabet taps Intel to make three million in-house chips: ReportGoogle has placed a significant order with Intel for over three million tensor processing units to be manufactured in 2028. This move signa...
- China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
- Paramount to face legal challenge from states on Warner dealTop lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...
- 'It's time to wake up': Udak Kotak's big warning to Indian businesses as even cash-surplus Google seeks $80 billionVeteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 bill...
- US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jittersUS stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and ...
- What is US stock market prediction for Monday? Wall street ends at record highs as AI stocks and Dell lead market rallyWhat is US stock market prediction for Monday? US stock market prediction for Monday remains linked to momentum from Wall Street's latest r...
- Anthropic eclipses OpenAI with valuation of $965 billionAnthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Ca...
- AI coding startup Cognition raises $1 billion at $26 billion valueAI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion...
- The ‘Inevitables’: Warren Buffett's framework for finding companies that will dominate for decadesWarren Buffett divided the investment universe into Inevitables, Highly Probables, and Impostors. The Inevitables are companies whose domin...
- Google DeepMind hires staff from Contextual AI in licensing deal, source saysGoogle DeepMind is reportedly acquiring over 20 researchers and licensing technology from AI startup Contextual AI for $80 million to $90 m...
- Meta begins 8,000 global job cuts in Asian hub of SingaporeMeta Platforms is laying off approximately 8,000 employees globally as part of a restructuring to boost efficiency and reduce costs, while ...
- US judge considers Anthropic's $1.5 billion settlement of authors' lawsuitA federal judge is seeking more details on Anthropic's $1.5 billion AI settlement with authors, delaying final approval. The case, the larg...
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