UAE’s MGX raises $49 billion fund to back AI companies
Abu Dhabi’s sovereign wealth fund MGX on Wednesday announced it has closed a $49 billion fund to back…
Employers who laid off workers for AI are reversing their decisions
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on…
Micron CEO: Customers driving hard bargain on price contributed to memory shortage
Micron CEO Sanjay Mehrotra said Tuesday that memory chipmakers aren’t the only ones to blame for the current…
AI chip rally in Q2 adds $2 trillion in value to Micron, Intel, AMD
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New…
Anthropic launches AI drug discovery program, Claude Science
CEO of Anthropic Dario Amodei attends a working lunch with G7 leaders, G7 outreach partners and global tech…
AWS puts $1 billion into new AI unit to embed engineers with customers
Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3,…
White House AI crackdown opens door Chinese model makers to close gap
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India,…
Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World…
Samsung, SK Hynix: reported $1.3 reported trillion spending plans
Close-up of logo for Samsung on research building in the Silicon Valley, Mountain View, California, October 28, 2018.…
Google limits Meta’s use of its Gemini AI models, FT reports
INDIA – 2025/05/13: In this photo illustration, a Meta logo is seen displayed on a smartphone with a…
The AI trade cooled and oil sank. A closer look at Wall Street’s volatile week
Wall Street spent the week debating who the biggest winners and losers of the artificial intelligence boom will…
How GE Vernova builds the turbines powering the AI data center boom
An exclusive look inside GE Vernova‘s largest gas turbine plant in Greenville, South Carolina, offers fresh evidence that…