Massive AI buildout poses the latest inflation threat for consumers and the Fed
WASHINGTON (AP) — American consumers — and the Federal Reserve — are being hit with another high-cost headache.…
Meta Louisiana data center investment reaches $50 billion amid AI push
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta’s…
Oil prices jump more than 2% and world shares are mixed
BANGKOK (AP) — Oil prices jumped and world shares were mixed on Monday after the U.S. carried out…
Broadcom vs. Marvell: A Valuation Showdown for the Custom AI Chip Trade
Most of the attention in the AI chip boom lands on Nvidia and its graphics processing units. But…
TSMC posts record revenue in second quarter on AI demand
TAIPEI, July 13 (Reuters) – TSMC, the world’s largest contract chipmaker, reported on Monday second-quarter revenue that rose…
Elon Musk Says Tesla Robot Will Be ‘Biggest Product of All Time’ — ‘Nothing Will Even Be Close’ but China Is Toughest Rival, ‘No Two Ways About It’
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The…
Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
BANGKOK — Oil prices jumped and Asian shares were mostly lower Monday after the U.S. carried out airstrikes…
Elon Musk Unfollows Meta AI Chief On X, Alexandr Wang Replies, “Can’t We Be Friends”
Alexandr Wang, Meta’s Chief AI Officer, who now heads the company’s new Superintelligence Labs, responded after reports surfaced…
Forget GPUs. Nvidia’s Next AI Gold Mine Could Be Even Bigger.
Nvidia (NVDA) has already become the biggest winner of the artificial intelligence (AI) boom, but Wall Street believes…
Indian companies look to Chinese LLMs as AI costs bite
Indian companies are turning to Chinese artificial intelligence models amid cost pressures, raising questions about the South Asian…
Why Meta Platforms Stock Surged This Week
Shares of Meta Platforms (NASDAQ: META) climbed about 15% this past week after the social media and cloud…
DeepSeek cut prices 75%. The 100x problem remains
DeepSeek’s recent decision to drastically cut pricing on its V4-Pro model by 75% should have been unequivocally good…