EchoStar Takes $16.5 Billion Charge, Sells More Spectrum
EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s…
Altman Says OpenAI Doesn’t Want a Government Bailout For AI
OpenAI Chief Executive Officer Sam Altman pushed back at the idea that the company would seek federal guarantees…
Qualcomm CEO Says the World Is Underestimating How Big AI Will Get
The promise of artificial intelligence has already upended the economy and added trillions of dollars in market value…
Pony AI, WeRide Fall in HK After Dueling Robotaxi Listings
Pony AI Inc. and WeRide Inc. fell on their trading debuts in Hong Kong after the pair of…
Arm Gives Bullish Forecast, Pointing Toward AI Demand Surge
Arm Holdings Plc, which provides the most widely used technology in computing processors, gave a bullish revenue forecast,…
Apple Plans to Use 1.2 Trillion Parameter Google Gemini Model to Power New Siri
Apple Inc. is planning to use a 1.2 trillion parameter artificial intelligence model developed by Alphabet Inc.’s Google…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
AMD’s Outlook Fails to Wow Investors After AI-Fueled Rally
Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to…
Space Startup Beams More Laser Energy to Panels Than Ever Before
Aerospace startup Star Catcher Industries Inc., which is developing technology to beam solar power to orbiting satellites, said…
CEOs Express Optimism Over China Retail as Economic Downturn Nears End
Top executives at Western brands that do business in China are showing cautious optimism that consumer spending in…
Morgan Stanley CEO Says Asset Managers Want China Exposure
China remains a top draw for global asset managers as confidence returns, with investors acknowledging that the world’s…
Amazon Inks $38 Billion Deal With OpenAI to Supply Nvidia Chips (AMZN, NVDA) – Bloomberg.com
Amazon Inks $38 Billion Deal With OpenAI to Supply Nvidia Chips (AMZN, NVDA) Bloomberg.comOpenAI signs $38 billion compute deal…