California imposes new limitations on children’s use of social media
Governor Gavin Newsom of California signed new regulations into law that forbid tech companies from selling products with AI-powered companion...
AI
Amazon and Qualcomm Agree to Develop Custom Chips for $4 billion
As part of a partnership to create specialized processors for artificial intelligence data centers. Qualcomm revealed on Tuesday that it...
Nvidia predicts a 70% increase in sales the following year, suggesting that the spike in AI expenditures will continue
Nvidia announced Wednesday that it expects a 70% increase in revenue for the next fiscal year, highlighting strong demand for...
CEOs receive record pay for Musk-inspired remuneration plans
Elon Musk's unprecedented corporate compensation packages have made it possible for CEOs at other S&P 500 businesses to get enormous...
Databricks reaches $190 billion valuation after raising $5 billion in financing
Databricks announced Thursday that it had raised $5 billion at a valuation of $190 billion, as the data and artificial...
Nvidia Teams Up with Wall Street Giants to Raise $500 Billion
Nvidia announced that it has partnered with six major financial institutions to launch computing financing platforms. With the goal of...
Alphabet aims to raise up to 25,000 billions in its latest bond offering
A person familiar with the situation stated on Thursday that Alphabet is looking to raise between $20,000 and $25,000 billion...
Apple briefly surpasses $5 trillion market value, joining Nvidia
Shortly after starting for business, Apple shares increased by as much as 1.8% to $342.89. Raising the company's market capitalization...
CXMT that works with Apple makes a strong stock market debut; it was briefly China’s most valuable company
CXMT—whose memory chips have been ordered by Apple—made a spectacular trading debut on Monday and briefly became the most valuable...
Google establishes a new transatlantic cable between the EU and Portugal
At a time when demand for cloud computing and artificial intelligence services is skyrocketing. Alphabet's Google announced on Tuesday that...
