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Japan to increase visa fees for foreign visitors from July 1Japan is set to significantly hike visa fees for foreigners starting July 1, the first change in 48 years. Single-entry visas will jump fro...
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessThe company plans to target chip companies to help accelerate the design process but also software companies that could use custom chips t...
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...
AI cuts tech project times from years to months, says Deutsche Bank execDeutsche Bank is experiencing a remarkable transformation through artificial intelligence. What used to take two years can now be accomplis...
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessArchitect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the de...
We cannot let AI frontier models fall into hands of authoritarian regimes: French President Emmanuel MacronArtificial intelligence frontier models must not be allowed to fall into the hands of authoritarian regimes, but democracies must co-ope...
G7 leaders vow closer ties on AI as they hash out 'trusted partners' schemeG7 leaders are coordinating on advanced AI risks and opportunities. They are discussing a "trusted partners" scheme to grant non-US nations...
Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEOAllbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cl...
Europe frets about US AI as tech world flocks to France for G7, VivaTechEuropean leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about Ame...
Microsoft launches AI agent with pay-as-you-go pricingMicrosoft is changing how it charges for its software for the first time in two decades, moving to bill customers with a pay-as-you-go mode...
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
You've probably used his code today, but the man behind YouTube, Netflix and TikTok isn't a billionaireFabrice Bellard, a quiet French engineer, has profoundly shaped the modern internet without seeking fame. His creation, FFmpeg, is a corner...
Business lesson from Amazon CEO Jeff Bezos: "Make employees think like owners" What business owners can learn from billionaire's success mindsetAmazon founder Jeff Bezos emphasized fostering an ownership mindset among employees to drive success. By aligning employee interests with l...
In most aggressive phase of India expansion; here for long-term market wins: Amazon India headAmazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already commi...
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
Google Cloud outage in India after third-party data centre fire triggers shutdownThe cloud-computing unit said the fire led to an emergency power shutdown at the facility, isolating a local point of presence in Delhi a...