Lloyds Bank to cut £2bn in costs as part of AI-powered strategy | Lloyds Banking Group
Lloyds Banking Group will cut another £2bn of costs as part of a four-year plan under which its…
Microsoft’s $41 billion AI bet just cleared a major test: Chart of the Day
Microsoft (MSFT) poured another record sum into AI infrastructure. Its Azure cloud business is finally growing faster, too.…
Alexandr Wang: Startups Are Now in a ‘Goliath Versus Goliath’ Fight
It’s never been easier to take on the big guys, says Alexandr Wang. At a talk at a…
Meta tanks 9%, Microsoft jumps 8% as the AI trade splits Big Tech
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella. Getty Images | Reuters Microsoft shares jumped in…
Samsung profit jumps 1,814% as South Korean tech giants benefit from global AI boom
South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of ₩89.5 trillion (€54 billion)…
Mark Zuckerberg Says Can’t Rely on Open Source AI Models Right Now: ‘We Think That There’s Some Risk…’
Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg said the company will continue building its own frontier AI models…
Trade deficits for Japan, Philippines widen amid AI boom and Iran war
Trade Rising oil prices pressure trade balances and currencies across Asia Statistics show that there is a divide in…
Two Israeli universities rank among top 30 global producers of AI talent, startups
Two Israeli institutions — Haifa’s Technion-Israel Institute of Technology and Tel Aviv University — have earned spots among…
Sam Altman meets lawmakers on back of OpenAI agents hacking companies | Business and Economy News
OpenAI CEO Sam Altman has met with US senators to discuss his company’s upcoming models, as President Donald…
Screentime on Instagram Is Growing, Thanks to Meta’s AI Push
If you can’t seem to get off your Instagram scroll, it is not an accident. During Meta’s second-quarter…
Microsoft Will Soon Release an AI Super App
Microsoft is preparing to launch a super app for its AI assistant Copilot. “Copilot is evolving rapidly from…
Jensen Huang’s Bullish Call on the AI Market Can Make Nvidia a $5 Trillion Company Again
Nvidia (NASDAQ: NVDA) recently gave up its seat as the world’s most valuable company. That title now belongs…