Elon Musk says Tesla needs “gigantic chip fab” for its AI and robotics
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I…
Snap stock surges 13% after announcing Perplexity deal
Scott Olson | Getty Images Snap stock surged 13% on Thursday after announcing a $400 million deal with…
Family offices make fewer deals but still flock to AI startups
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York…
China’s Pony.ai shares drop 12%, WeRide down 8% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide…
The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center…
Nvidia joins $2 billion India deep tech alliance to mentor AI startups
Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Picture…
Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal
Jared Isaacman, U.S. President Donald Trump’s nominee to be administrator of the National Aeronautics and Space Administration (NASA)…
HSBC flags AI capex mismatch, others warn of ‘irrational exuberance’
HONG KONG, CHINA – 2025/03/01: In this photo illustration, Artificial intelligence (AI) apps of perplexity, DeepSeek and ChatGPT…
Fund managers reveal their bubble recipes and what to watch for as AI stocks soar
AI is tipped to transform the economy and eventually evolve into a $4.8 trillion market, but the question…
Nvidia on track to hit historic $5 trillion valuation amid AI rally
The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara,…
Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high
A man walks past a logo of SK Hynix at the lobby of the company’s Bundang office in…
Amazon laying off about 14,000 corporate workers
People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP |…