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AMD Soars on the Wave of AI Chip Demand
AMD delivered impressive guidance, emerging as a growth leader among technology giants amid growing demand for artificial intelligence.
IREN invests $2.1 billion with Nvidia to develop AI clouds
Cloud provider IREN announced a strategic partnership with Nvidia worth up to $2.1 billion to accelerate the development of AI infrastructure.
Moonshot AI Restructures Ahead of Hong Kong IPO
Chinese AI company Moonshot AI will undergo restructuring to secure approval for an IPO in Hong Kong and comply with Beijing's tightened requirements for the corporate structures of overseas debuts.
Fujikura shares plummeted 17% on disappointing AI demand forecast
Shares of Japanese company Fujikura Ltd. lost 17% of their value following the publication of a three-year forecast that fell short of market expectations for AI demand for high-density optical…
JPMorgan: the era of AI hype is over, real-world adoption begins
JPMorgan Chase says AI is no longer a buzzword but a working tool: companies are moving from big promises to concrete business results.
Standard Chartered cuts thousands of jobs for AI transformation
Standard Chartered, one of the world's largest international banks with a network of offices in 170 countries, has announced plans to cut thousands of support roles over four years.
YMTC launches IPO on wave of demand for AI chips
Yangtze Memory Technologies (YMTC) — leading Chinese NAND memory manufacturer — has officially begun the long-awaited process of preparing for its initial public offering.
USA integrates into Asian supply chains for AI industry sovereignty
Despite the Beijing summit and diplomatic attempts by the USA and China to find common ground, the American administration is not freezing the race for AI dominance.
Meta Invests 200 Billion in Louisiana Data Center: Investors Demand Proof
Meta is betting on the future. The company is investing $200 billion in building a giant data center in rural Louisiana to provide computing power for its AI models.
How robots will save China from demographic catastrophe: Barclays forecast
Investment bank Barclays has published an analysis according to which the deployment of humanoid robots and automation systems could compensate for up to 60% of the expected reduction in China's…
Baidu beat forecasts and reaffirmed its bet on AI agents
Baidu reported quarterly results above analysts' expectations, reaffirming its strategic shift toward developing AI agents. The company is catching up in the race with Alibaba.
USA and Philippines Accelerate Development of 4000-Acre AI Hub in Asia
The USA and Philippines are deploying an unprecedented project to build a major AI and manufacturing hub on 4000 acres of land in Southeast Asia.
Dell wins 1,000 new enterprise AI server customers
Dell Technologies added 1,000 customers to its AI server lineup over the past quarter, demonstrating the success of its strategy to capture the enterprise AI infrastructure market.
AI Demands Light: NextEra Buys Dominion in Largest Utility Deal
NextEra Energy has announced the acquisition of Dominion Energy for $67 billion — the largest utility merger in U.S. history.
Huang sees China more open to American chips
Nvidia CEO Jensen Huang visited China alongside President Trump and American business leaders, sharing an optimistic outlook on the development of commercial relations between the countries.
AI in drug development: will the technology justify Big Pharma’s investments?
Pharmaceutical companies are investing billions in AI-driven drug development, but the technology’s effectiveness remains unclear and there have been no concrete successes so far.
Ecarx from Li Shufu's portfolio will deliver robotaxis to an American startup for $750 million
Ecarx, a company in the portfolio of Chinese billionaire Li Shufu, has signed a contract to supply robotaxis to American startup May Mobility.
Anthropic Restricted Stock Sales Sparked Panic in the Private Investment Market
Anthropic, one of the world's most valuable private AI startups, unexpectedly expanded restrictions on popular methods of purchasing its shares.
Court dismisses Musk's lawsuit against OpenAI to revert to nonprofit status
San Francisco court rejected Elon Musk's lawsuit against OpenAI and its CEO Sam Altman. Musk demanded that the company reorient itself back to a charitable mission and return to its non-profit status.
Why India Is Lagging in the Global AI Race: Ruchir Sharma's View
Investors see India on the wrong side of the AI trade: capital is flowing into chips and compute, IT outsourcing is under threat, but Ruchir Sharma sees a chance to catch up later.
CoreWeave on a record rally: investors demand proof it can deliver on its plans
Shares of cloud infrastructure company CoreWeave are surging in 2026, but investors want proof it can execute on its ambitious growth plans.
BCE beat forecasts thanks to investments in AI infrastructure and cloud
Canadian telecom BCE beat analysts’ forecasts in the first quarter thanks to investments in AI infrastructure, cloud services, and data centers.
DeepL cuts a quarter of its staff amid the AI revolution in translation
German machine translation service DeepL announced a 25% staff reduction, citing structural changes in the industry caused by the development of AI.
AMD surges on $11.2 billion forecast amid AI chip boom
AMD, Nvidia's main competitor in the artificial intelligence chip segment, soared to record levels after publishing its second-quarter revenue forecast.
Trillion-Dollar AI Investments Drive Profits but Threaten Employment
Hyperscalers' trillion-dollar AI investments drive corporate profits but threaten the labor market
Anthropic is building AI agents for traders, but they are not ready to replace traders
Anthropic has developed AI agents for financial markets, but experiments showed that LLMs are still not able to work reliably in place of professional traders.
Demand for Arm processors surged on the AI wave — order volume doubled to $2 billion
Arm CEO Rene Haas described an “explosion in demand” for the company’s processors, driven by AI computing in data centers. In five weeks, the company received $2 billion in orders — twice the usual amount.
MNTN: television remains the most powerful advertising platform despite the rise of streaming
MNTN CEO Mark Douglas is convinced that television is not dying. Streaming is expanding access to TV advertising for new companies, while AI tools are reducing video production costs.
Former KPMG adviser launches AI consultancy for wealthy families
Tony Cowell, who spent 30 years advising investment funds in the Cayman Islands, has created an AI platform for financial planning and wealth management for wealthy clients.
Waymo vs Tesla: two strategies for mastering autonomous cars
Waymo and Tesla have chosen opposite paths to autonomy: one is building full control through simulators and safety-critique, the other learns on real roads through millions of sensors.