HSBC flags AI capex mismatch, others warn of ‘irrational exuberance’
HONG KONG, CHINA – 2025/03/01: In this photo illustration, Artificial intelligence (AI) apps of perplexity, DeepSeek and ChatGPT…
Powell says AI different from dotcom bubble, major source GDP growth
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market…
Nvidia on track to hit historic $5 trillion valuation amid AI rally
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the…
Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high
A man walks past a logo of SK Hynix at the lobby of the company’s Bundang office in…
Saudi Arabia poised to become AI data center hub: Groq CEO at FII
Saudi Arabia is primed to become a hotspot for artificial intelligence infrastructure thanks to its surplus in energy,…
Applied Materials lays off 4% of workforce
Signage outside Applied Materials headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris…
Inside a 24-hour ‘vibe coding’ hackathon–here are my biggest takeaways
CNBC correspondent Ernestine Siu attended an AI hackathon. Courtesy of Ernestine Siu I like to spend most of…
IBM Q3 2025 earnings report
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos,…
He ‘is trying to kill NASA!’
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition…
Lovable CEO touts AI for emerging markets — investors skeptical
Artificial intelligence is expected to democratize access to technology, making it a boon for would-be founders in emerging…
Alibaba says AI spending for e-commerce Taobao Tmall is breaking even
Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next…
TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge
The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters…