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Alibaba to Spend $53 Billion on AI Infrastructure Over Three Years
Technology

Alibaba to Spend $53 Billion on AI Infrastructure Over Three Years

Posted on: February 24, 2025

Alibaba Group Holding Ltd. has announced a significant investment plan of over 380 billion yuan ($53 billion) in AI infrastructure, including data centers, over the next three years. […]

Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Technology

Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?

Posted on: February 24, 2025

Shares of Palantir Technologies (PLTR) dropped significantly following Defense Secretary Pete Hegseth’s directive for the Pentagon to cut its $850 billion budget by 8%, or approximately $50 billion. […]

Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion
Technology

Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion

Posted on: February 24, 2025

In a significant development in the European tech landscape, Dutch technology investor Prosus has announced an all-cash deal to acquire Just Eat Takeaway.com for approximately 4.1 billion euros […]

Technology

US Demands EU Antitrust Chief Clarify Rules Reining in Big Tech

Posted on: February 24, 2025

U.S. House Judiciary Chair Jim Jordan has requested that EU antitrust chief Teresa Ribera clarify the enforcement of European Union rules aimed at regulating Big Tech, expressing concerns […]

3 Artificial Intelligence Stocks to Buy Like There’s No Tomorrow
Technology

3 Artificial Intelligence Stocks to Buy Like There’s No Tomorrow

Posted on: February 24, 2025

Artificial Intelligence (AI) continues to show potential as a transformative technology shaping the modern world. It also represents one of the most promising investment opportunities in the long […]

US Agency Reportedly Plans to Shut Down 8,000 EV Chargers, Offload EVs
Technology

US Agency Reportedly Plans to Shut Down 8,000 EV Chargers, Offload EVs

Posted on: February 24, 2025

The General Services Administration (GSA), responsible for managing federal government buildings, is reportedly planning to shut down all 8,000 of its electric vehicle (EV) chargers. The agency will […]

US demands EU antitrust chief clarify rules reining in Big Tech
Technology

US demands EU antitrust chief clarify rules reining in Big Tech

Posted on: February 24, 2025

U.S. House Judiciary Chair Jim Jordan has requested EU antitrust chief Teresa Ribera to clarify the enforcement of the European Union’s regulations targeting Big Tech, suggesting these rules […]

Every Palantir Investor Should Keep an Eye on This Number
Technology

Every Palantir Investor Should Keep an Eye on This Number

Posted on: February 24, 2025

Palantir Technologies (NASDAQ: PLTR) has emerged as a significant beneficiary of the artificial intelligence (AI) boom. The company, specializing in data mining and AI, has seen its stock […]

Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’
Technology

Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’

Posted on: February 23, 2025

The cryptocurrency exchange Bybit has called on the “brightest minds” in cybersecurity to help recover $1.5 billion (£1.2 billion) stolen by hackers, marking what is believed to be […]

Analysts Predict Significant Downside for Two Popular AI Stocks
Technology

Analysts Predict Significant Downside for Two Popular AI Stocks

Posted on: February 23, 2025

Palantir Technologies (PLTR) and Super Micro Computer (SMCI) face bearish forecasts from certain Wall Street analysts. RBC Capital’s Rishi Jaluria and Jefferies’ Brent Thill recommend selling Palantir, with […]

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