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United States
Meta Plans $600 Billion US Spend as AI Data Centers Expand
Meta Platforms (META.O) announced on Friday that it plans to invest $600 billion in U.S. infrastructure and job creation over the next three years, with a major…
Australia
Google Planning Powerful AI Data Centre on Tiny Australian Indian Ocean Outpost
Google plans to build a large artificial intelligence data centre on Australia’s remote Christmas Island in the Indian Ocean, according to documents revie…
Saudi Arabia
Nokia, CST & Stc Complete Middle East’s First 7 Ghz 6G Spectrum Trial
Nokia, the Communications, Space and Technology Commission (CST), and stc have announced the successful completion of the Middle East and Africa’s first 7…
India
Nvidia Joins India Deep Tech Alliance as Group Adds New Members, $850 Million Pledge
Nvidia on Wednesday joined Indian and U.S. investors in backing India’s deep-tech startups as the India Deep Tech Alliance expanded its membership and sec…
United States
Amazon’s $38 Billion OpenAI Deal Shows It Is No Longer an AI Laggard
Amazon’s $38 billion cloud agreement with OpenAI marks a major milestone for the company’s cloud computing division, Amazon Web Services (AWS), following rece…
United States
SLB Launches New AI Product as It Focuses on Digital Sales Growth
Energy technology company SLB (SLB.N) announced on Monday the launch of a new artificial intelligence tool called Tela, designed to automate processes and workf…
South Korea
NVIDIA, SK Group Strengthen Strategic Alliance to Build Korea’s Largest AI Factory
NVIDIA has announced a major collaboration with South Korea’s SK Group to build an AI factory aimed at advancing semiconductor research, development, and …
United States
Apple Shares Rise as iPhone Holiday Sales Forecast Soothes Supply Woes
Apple’s shares rose about 2% in premarket trading on Friday after the company issued an optimistic forecast for the holiday quarter, indicating that strong dem…
United States
Amazon Shares Soar as Cloud Growth Beats Expectations
Amazon (AMZN.O) reported its fastest cloud revenue growth in nearly three years, lifting the company’s shares by 14% in after-hours trading and prompting …
United States
OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation
OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the…
United States
Nvidia’s Stock Market Value Nears Record $5 Trillion
Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…
United States
Meta Appoints Insider Vishal Shah to Key AI Role
Meta Platforms (META.O) has named Vishal Shah, an internal executive, to lead product management for its artificial intelligence offerings, the company announce…
India
IPhone Boom Powers India’s Electronics Exports to Record Highs, Set to Overtake Petroleum
India’s electronics exports are rapidly increasing and could soon replace petroleum products as the country’s second-largest export category, following engine…
Electric Vehicles
US Agency Asks Tesla About ‘Mad Max’ Driver Assistance Mode
The U.S. National Highway Traffic Safety Administration (NHTSA) announced on Friday that it is seeking information from Tesla about a new driver assistance mode…
United States
IBM Says Conventional AMD Chips Can Run Quantum Computing Error Correction Algorithm
IBM announced that it has successfully run a key quantum computing error correction algorithm on commercially available chips made by Advanced Micro Devices (AM…
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