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The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
US military reaches deals with 7 tech companies to use their AI on classified systemsThe Pentagon is boosting its warfighting capabilities by integrating artificial intelligence into classified computer networks. Seven leadi...
Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
Google AI strategy: Why is the tech giant betting up to $40 billion on AI competitor AnthropicGoogle Anthropic investment explained: Google's parent company, Alphabet, is significantly boosting its AI presence by committing up to $40...
US software stocks slide as IBM, ServiceNow results reignite AI disruption fearsUS software stocks fell in premarket trading on Thursday, following quarterly results from IBM and ServiceNow that reignited fears about AI...
In the AI era, Apple's strengths may become its constraintsApple's success was built on tight control. Now, with John Ternus taking over, the company faces a challenge. The AI era thrives on opennes...
US lawmakers scale back bill targeting Chinese chipmakingA US bill to limit China's access to advanced chipmaking equipment has been modified. The legislation still aims to restrict ASML's deep ul...
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
Anthropic ropes in Microsoft executive Eric Boyd to lead infrastructureAnthropic has hired former Microsoft executive Eric Boyd to lead its infrastructure team as demand for its AI tools grows. The company’s re...
US targets Chinese chipmaking with proposed export restrictions on ASML and othersThe draft MATCH Act announced late on Thursday is aimed at protecting the US lead in artificial intelligence by preventing Chinese companie...
Chipmaking tool provider KLA unveils additional $7 billion share buyback and dividend increaseKLA Corp is boosting shareholder returns with a new $7 billion stock buyback and a 21% dividend hike. The chipmaking tool provider also rea...
Intel has tested chipmaking tools from firm with sanctioned China unit, sources sayChipmaker Intel, has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted ...
ASML launches technical academy in Phoenix to train in-demand engineersLocated within a few minutes of the Phoenix airport, the facility is designed to train more than 1,000 engineers a year to repair and servi...
Why maintaining ASML equipment is the new front in US-China chip warASML dominates the market for lithography tools - huge expensive, complex machines that perform one step in the chipmaking process, helping...
US urges allies to bar firms from servicing key chipmaking tools for ChinaThe Biden administration announced new restrictions on shipments of American-made chipmaking tools to advanced Chinese chip factories in 20...