Apple announced on Monday a commitment to invest $500 billion in expanding U.S. facilities over the next four years, a move that could help mitigate the impact of […]
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Grok blocked results saying Musk and Trump ‘spread misinformation’
Grok, Elon Musk’s ChatGPT competitor, temporarily refused to respond with “sources that mention Elon Musk/Donald Trump spread misinformation,” according to Igor Babuschkin, head of engineering at xAI. After […]
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Analyst says Microsoft is cutting AI data center spending, which may have led to market sell-off
An analyst report from TD Cowen on data centers and Microsoft raised concerns about the sustainability of the artificial intelligence trade, potentially contributing to Friday’s significant market sell-off. […]
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Nvidia’s Earnings to Test AI Chip Demand Amid DeepSeek Concerns
Feb 24 (Reuters) – Nvidia’s earnings report is anticipated to shed light on the demand for its high-cost AI chips. Investors are questioning the necessity of Nvidia’s chips […]
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Bybit stolen funds likely headed to crypto mixers next: Elliptic
Following the $1.4 billion hack of the Bybit crypto exchange, the stolen crypto assets are likely to be laundered through mixers as hackers attempt to obscure the transaction […]
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Alibaba to Spend $53 Billion on AI Infrastructure Over Three Years
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. […]
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Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
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. […]
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Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion
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 […]
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US Demands EU Antitrust Chief Clarify Rules Reining in Big Tech
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 […]
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3 Artificial Intelligence Stocks to Buy Like There’s No Tomorrow
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 […]