After Samsung and Micron’s AI chip explosion, SK Hynix joins the trillion-dollar club
Thanks to the AI-driven boom, SK Hynix's market value crossed $1 trillion for the first time on Wednesday. Joining rivals...
AI
Elon Musk’s lawsuit against OpenAI is dismissed
In Elon Musk's case against OpenAI, a U.S. jury found on Monday that the artificial intelligence firm is not accountable...
Meta will increase safety precautions for Facebook users in the US and minors in Europe
As regulators put pressure on the US tech giant to better protect youth online. Meta announced on Tuesday that it...
Microsoft and OpenAI amend their agreement to enable the firm to draw in Amazon and other investors
Microsoft and OpenAI have renegotiated an agreement that gives Microsoft the only right to sell the AI models created by...
Nvidia’s $5.3 trillion valuation sets a record
With shares ending close to their session highs and marginally increasing in after-hours trading, Nvidia's market value hit $5.26 trillion...
China prevents Meta from acquiring Manus, a Chinese-founded AI business
China has moved to block Meta’s $2 billion acquisition of Chinese-founded artificial intelligence startup Manus. A decision that reflects Beijing’s...
Foxconn’s first-quarter revenue soars, but the company warns of geopolitical risks
Due to the robust demand for artificial intelligence goods, Foxconn, the largest Taiwanese contract electronics manufacturer in the world, reported...
Nvidia invests $2 billion in Marvell as rivalry is fueled by the expanding use of AI
In an attempt to facilitate customers' adoption of the custom AI chips that the smaller firm creates using Nvidia's networking...
Following a significant fundraising round, OpenAI is now valued at $852 billion
The artificial intelligence behemoth revealed on Tuesday that OpenAI had raised $122 billion in its most recent funding round, increasing...
Nvidia’s record data center revenue earnings surpass forecasts
Despite investor apprehension in recent weeks over the quick rate of development and growing spending on AI, Nvidia reported $68.1...
