Memory maker Kioxia sees $8.2 billion Q1 profit on AI boom
TOKYO, May 15 (Reuters) – Japanese memory chipmaker Kioxia said on Friday it expected operating profit for the…
Thrive Capital Bets $100 Million on Shopify’s AI Future
Joshua Kushner’s Thrive Capital has invested about $100 million in Shopify, betting that artificial intelligence could enhance commerce,…
Possible Samsung strike puts even more pressure on memory pricing
Systems Korean Won in front of a calculator As a senior policymaker ponders whether all South Koreans should…
Cisco CEO predicts AI will force multi-billion dollar infrastructure reset
Cisco Systems (CSCO) climbed 25% in the past week as investors woke up to a simple shift. AI…
xAI Cofounder Igor Babuschkin In Talks To Raise Up To $1 Billion For A New AI Startup
xAI cofounder Igor Babuschkin is in talks to raise up to $1 billion for his new startup, River…
KOSPI hits another historic landmark of 8,000 on AI rally
Officials celebrate KOSPI breaching the unprecedented 8,000 points mark at a dealing room in Hana Bank, Seoul, Friday.…
OpenAI Considers Legal Action Against Apple in Strained Relationship
As OpenAI nears the end of a trial to decide a multibillion-dollar lawsuit filed against it by Elon…
PwC is deploying Claude to build technology, execute deals, and reinvent enterprise functions for clients \ Anthropic
Anthropic and PwC today announced an expansion of their strategic alliance, deepening how PwC uses Claude to build…
Can Nu Holdings (NU) Turn AI-Driven Credit Expansion Into a Durable Global Banking Advantage?
Nu Holdings has already reported its first-quarter 2026 results, highlighting strong customer expansion to over 135 million users…
Will Nvidia Stock Keep Surging on China Optimism Or is the Cerebras IPO a New Risk?
Nvidia NVDA) has spent the last three years dominating the artificial intelligence boom, becoming the undisputed king of…
The Real Losers of the Musk v. Altman Trial
Attorneys delivered closing arguments in the Musk v. Altman trial on Thursday in a final attempt to convince…
We Asked AI to Predict XRP Price By the End of Q3
Quick Read ChatGPT predicts XRP reaches $2.50 to $3.00 by August 2026, Grok forecast $2.50 to $2.80 in…