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Axon Shifts to AI: President Explains Company's New Strategy
Axon President Josh Isner shared how the company is evolving from a Taser manufacturer into a leader in AI solutions for public safety and enterprise.
Anthropic Closes $30 Billion Round and Overtakes OpenAI in Valuation
Anthropic closed a financing round of over $30 billion with a valuation exceeding $900 billion, surpassing OpenAI and becoming the most expensive AI startup in the world.
Honeywell to Split Into Three Companies: CEO on the Future of Automation and AI
Honeywell's chief announced a plan to divide the industrial giant into three independent companies. In an interview, the CEO discussed how AI and automation are fundamentally transforming the industry and corporate strat
DeepSeek Makes 75% Discount on V4-Pro Model Permanent for Developers
DeepSeek announced a permanent 75% discount on its flagship V4-Pro model — developers will pay one-quarter of the original price.
Cathie Wood predicts a robotaxi boom — the largest market for embodied AI
Investor Cathie Wood believes the transportation revolution is the biggest revenue opportunity for embodied AI, with Tesla and robotaxis now poised for takeoff.
China's biotech leap: AI, clinical trials, and rising investment
China's biotech sector is growing thanks to AI for drug design and a more efficient drug approval system, making the country a leader in clinical trials and prompting a reassessment of investment valuations.
Nvidia Disappoints Investors with Weak Guidance Amid Rising Competition in AI Chips
Nvidia, the world's most valuable public company, has disappointed investors with weak sales guidance amid rising competition in the AI chip sector.
Anthropic to spend $45 billion on SpaceX compute to develop Claude
Anthropic has agreed to pay SpaceX $45 billion over three years for access to the computing resources needed to develop its AI assistant Claude.
AustralianSuper Hires First AI Chief: Pension Funds Prepare for Transformation
Australia's largest pension fund has hired its first artificial intelligence chief. The pension industry is rushing to adapt to new technologies that could transform pension financing.
OpenAI invests $234 million in new AI lab in Singapore
OpenAI will open an AI lab in Singapore through a multiyear partnership with the government, investing $234 million to expand research and support the city-state's artificial intelligence ambitions.
Alibaba Introduces Its Own AI Chip for Neural Network Training and Inference
The Chinese tech giant unveiled its own processor, strengthening vertical integration in AI development and reducing dependence on Nvidia.
Tony Minella: demand for AI data centers is not going away
The president of Eldridge Industries is convinced that demand for AI data centers will remain strong and that the technology itself will become a tool that transforms the economy.
Court dismisses Musk's lawsuit against Altman over OpenAI mission violation
Federal jury rejected Musk's lawsuit against OpenAI and Altman, ruling that Tesla's founder waited too long to pursue legal action.
Blackstone and KKR are in talks with Google about access to AI models
Blackstone and KKR — two of the world's largest investment funds — are in negotiations with Google to provide portfolio companies with access to Alphabet's advanced AI models.
Memory shortage became the primary bottleneck in AI infrastructure — Huang
At the Dell World conference in Las Vegas, Nvidia CEO Jensen Huang raised a critical problem affecting the entire AI industry: a shortage of high-speed memory.
G42 expands in the USA: AI data center in Minneapolis
G42, a UAE-based company under the control of Abu Dhabi's Emir Sheikh Tahnun bin Zayed al-Nahyan, has signed a lease agreement for a new data center in downtown Minneapolis.
Nvidia expects opening of Chinese market for American AI chips
Nvidia CEO Jensen Huang expressed optimism that China will eventually permit imports of American AI chips.
Apple will present iOS 27 with a private AI assistant at WWDC
Apple is preparing a major update to its Siri voice assistant, which will debut in iOS 27. The company will present the new AI assistant at the WWDC conference with a focus on features designed to…
Recursive valued at $4.65 billion for self-improving AI with safety controls
Startup Recursive has emerged from stealth with a $4.65 billion valuation. The company is developing a revolutionary approach to artificial intelligence: instead of humans training models, the system…
Jensen Huang and Michael Dell on the AI-agents revolution and memory
At Dell World conference in Las Vegas, NVIDIA CEO Jensen Huang and Dell Technologies head Michael Dell discussed the future of AI agents, the critical demand for memory, and how this transitional era…
Pentagon signs $500 million contract with Meta-backed Scale AI
The Pentagon has selected Meta-backed Scale AI to analyze data and support decision-making in the armed forces under a $500 million contract. *Meta is designated an extremist organization and banned in Russia.
Huang sees China more open to American chips
Nvidia CEO Jensen Huang visited China alongside President Trump and American business leaders, sharing an optimistic outlook on the development of commercial relations between the countries.
AMD Soars on the Wave of AI Chip Demand
AMD delivered impressive guidance, emerging as a growth leader among technology giants amid growing demand for artificial intelligence.
IREN invests $2.1 billion with Nvidia to develop AI clouds
Cloud provider IREN announced a strategic partnership with Nvidia worth up to $2.1 billion to accelerate the development of AI infrastructure.
Linkerbot prepares for a Hong Kong IPO: rise of the Chinese robot-arm maker
Startup Linkerbot, which develops high-precision robotic arms for industry and logistics, is considering a listing on the Hong Kong stock exchange, insiders say.
Moonshot AI Restructures Ahead of Hong Kong IPO
Chinese AI company Moonshot AI will undergo restructuring to secure approval for an IPO in Hong Kong and comply with Beijing's tightened requirements for the corporate structures of overseas debuts.
Fujikura shares plummeted 17% on disappointing AI demand forecast
Shares of Japanese company Fujikura Ltd. lost 17% of their value following the publication of a three-year forecast that fell short of market expectations for AI demand for high-density optical…
JPMorgan: the era of AI hype is over, real-world adoption begins
JPMorgan Chase says AI is no longer a buzzword but a working tool: companies are moving from big promises to concrete business results.
Standard Chartered cuts thousands of jobs for AI transformation
Standard Chartered, one of the world's largest international banks with a network of offices in 170 countries, has announced plans to cut thousands of support roles over four years.
YMTC launches IPO on wave of demand for AI chips
Yangtze Memory Technologies (YMTC) — leading Chinese NAND memory manufacturer — has officially begun the long-awaited process of preparing for its initial public offering.