Memory stocks slid after CXMT Corp. (CXMT) cited “key progress” on a new 4F square cell architecture. Micron (MU) fell 3.88% ...
Ron Baron says SpaceX (NASDAQ: SPCX) could be worth $20 trillion to $50 trillion in 10 years, up from a current $2.2 trillion ...
Crypto.com’s Kris Marszalek has acquired the AI.com domain for $70 million – the largest disclosed domain sale on record – paying entirely in cryptocurrency as part of a strategic bet on AI’s ...
BYD Co. (1211.HK), the leading Chinese electric vehicle manufacturer, has been flagged for potentially masking its true level of debt through intricate supply chain financing, according to a report by ...
Perplexity is poised to raise $500 million at a $14 billion valuation, a 50% increase from its $9 billion valuation in November 2024, led by Accel, highlighting investor enthusiasm for AI search ...
Paul Krugman is in puzzlement, having observed that Red States get more welfare funding, while Republican voters oppose the welfare state. He portrays Republicans as “Moochers” who are either ...
IonQ’s (IONQ) new research shows quantum computing can improve AI by enhancing large language models (LLMs) and generating synthetic images for rare events, aiding tasks like materials development. A ...
Huawei Technologies is set to test its Ascend 910D AI processor, aiming to outperform Nvidia’s H100, with samples expected by late May, as reported by the Wall Street Journal. Facing U.S. sanctions ...
Oracle (ORCL), Nvidia (NVDA), Cisco Systems (CSCO), OpenAI, and G42 are collaborating to build the 10-square-mile Stargate UAE AI campus in Abu Dhabi with a 5-gigawatt capacity. The project, part of a ...
Shares of Super Micro Computer (SMCI) surged nearly 13% to $43.92 in early trading Wednesday, hitting an intraday high of $46.57. The rally followed a 16% gain on Tuesday, fueled by a major ...
Microsoft Corp. (MSFT) cut approximately 6,000 jobs globally, with over 40% of the 2,000 layoffs in Washington state targeting software engineers. AI-driven automation, generating up to 30% of code in ...
Nvidia CEO Jensen Huang has positioned the company to capture a $200 billion CPU market that includes China, leveraging the Vera central processors to expand beyond GPUs amid rising demand for agentic ...