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...
AI
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...
Meta and Nvidia partner to expand AI
Meta and Nvidia have made a new move in the world of Artificial Intelligence. On Tuesday, the semiconductor giant that...
Investment could double by 2026 and the cloud is growing strongly: Alphabet
Alphabet, the parent company of Google, announced on Wednesday that capital spending could quadruple this year. This is another dramatic...
An Israeli audio artificial intelligence startup is acquired by Apple
The Israeli startup Q.ai, which creates artificial intelligence technology for audio, was acquired by Apple. The company did not disclose...
OpenAI seeks to increase global use of AI in everyday life
OpenAI is stepping up its efforts to convince global governments to build more data centers and encourage greater use of...
Amid the surge in AI deals, Nvidia invests $2 billion in Synopsys
Nvidia invested $2 billion in Synopsys, a semiconductor design software firm, as part of an expanded multi-year agreement to jointly...
