Physical infrastructure AI firm Foxglove, headed by Kiwi Adrian Macneil, raises US$40m
Customers include Nvidia, Amazon, Tesla, robotaxi firm Waymo, and Wayve, a British multibillion-dollar maker of AI tech for…
Google Rolls Out Apple-Like Message Summaries for Pixel Phones
Alphabet Inc.’s Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are comparable to…
Microsoft to Invest $10 Billion in AI Data Hub in Portugal
Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast, marking one…
China Allows Bigger Private Stakes in Huge State-Driven Projects
China will allow private investors to hold stakes of more than 10% in some railway and energy projects…
Some soothing news for the RBNZ ahead of OCR decision – inflation expectations muted
For once, in a topsy turvy year, it was the good news the Reserve Bank (RBNZ) was looking…
Meta plans $600 billion US spend as AI data centers expand
(Reuters) -Meta Platforms (META) on Friday said it will invest $600 billion in U.S. infrastructure and jobs over…
Microsoft Eyes Longest Selloff Since 2011 as AI Trade Weakens
Microsoft Corp. is on track for its longest streak of daily losses in more than a decade as…
AI Chip Boom Fuels Taiwan’s Fastest Export Gain in 15 Years
Taiwan’s exports surged at the fastest pace since 2010 as the economy cashes in on bottomless global demand…
China’s AI Boom Fuels Rally in Power Stocks as Next Winner
Chinese power stocks are headed for their best week in years as investors bet on the surging energy…
Ex-Banker Brothers Worth $850 Million After Microsoft AI Deal
For a few years, Daniel and Will Roberts’ Bitcoin-mining venture was a wild ride. The former Macquarie Group…
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…