Big Tech cannot afford to be cheap on AI spending
Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC’s Jim Cramer argued Wednesday.…
A sanctioned Chinese firm says cheaper models can still win
China’s artificial intelligence race has no finish line. DeepSeek, Moonshot AI, Alibaba and even consumer electronics firm Xiaomi…
Samsung hits $1 trillion valuation as AI rally lifts shares over 10%
Shares of Samsung Electronics surged more than 10% Wednesday, pushing the chip giant’s market capitalization past the $1…
Andy Jassy says Amazon investors will be rewarded by its AI spending
Andy Jassy said Amazon’s massive spending on artificial intelligence isn’t something investors should fear — it’s exactly why…
Bret Taylor’s Sierra raises nearly $1B in latest AI capital push
Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round, CNBC has learned,…
Denmark faces data center reckoning amid power grid strains
COPENHAGEN, Denmark — The Nordics, long seen as a magnet for data center investment thanks to their stable…
Chip stocks surge in ‘historic’ month
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. After…
China’s EV price war turns into AI arms race beyond cheaper cars
AI signage at the Robert Bosch booth at the Beijing Auto Show in Beijing, China, on Saturday, April…
Reddit’s CEO calls his company ‘the fuel’ for artificial intelligence
Reddit CEO Steve Huffman said his company may be one of the most underappreciated winners of the artificial…
SoftBank eyes listing new AI and robotics firm Roze in the U.S., FT reports
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a…
Nvidia backs European AI legal tech at $5.6 billion valuation
AI legal tech Legora advert featuring Jude Law. Credit: Legora Nvidia’s venture arm, NVentures, has invested in Swedish…
Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South…