Business

Oracle Bets on AMD with 50,000 AI Chips in 2026, Challenging Nvidia’s Market Grip

October 14, 2025

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Oracle Cloud Infrastructure announced plans on Tuesday to deploy 50,000 Advanced Micro Devices (AMD) graphics processors starting in the second half of 2026, signaling a major shift in the cloud AI race. Following the news, AMD shares rose about 2%, while Oracle fell 4% and Nvidia slipped more than 3%, reflecting investor reactions to growing […]

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Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

Musk’s xAI Takes Apple & OpenAI to Court Over Alleged Monopoly in AI & App Store

August 26, 2025

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Elon Musk’s AI company, xAI, has filed a lawsuit against Apple and OpenAI, accusing the two tech giants of engaging in an anticompetitive partnership that unfairly harms emerging artificial intelligence players. The case, filed in the U.S. District Court for the Northern District of Texas, claims that Apple has been suppressing competitors like xAI’s chatbot […]

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Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves

October 14, 2025

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The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]

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Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

IBM Shares Slide as Software Revenue Falls Short Despite Strong Earnings and Cloud Growth

July 24, 2025

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IBM’s stock dropped by up to 6% in after-hours trading on Wednesday, following the release of its second-quarter earnings report. While the tech giant exceeded analysts’ expectations for both earnings and total revenue, a shortfall in software sales led to investor concern. The company reported adjusted earnings of $2.80 per share, outperforming the expected $2.64. […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

From Underdog to Space Dominator: How SpaceX Took Over America’s Space Industry

August 25, 2025

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Today SpaceX stands as a $400 billion giant, central to U.S. space operations — but its journey to dominance was far from smooth. Founded in 2002 by Elon Musk with funds from the sale of PayPal, the company set out to disrupt an industry long controlled by legacy players. Its first rocket, Falcon 1, was […]

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Starlink Faces Second Outage in Two Weeks as SpaceX Expands Satellite Fleet

Abu Dhabi Unveils K2 Think: A Low-Cost AI Model to Rival OpenAI and DeepSeek

September 10, 2025

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A new player has stepped into the global AI race — and it’s coming from the United Arab Emirates. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) announced the launch of K2 Think, a cost-efficient reasoning model designed to compete with OpenAI and DeepSeek. Unlike massive systems such as DeepSeek’s R1 (671 billion parameters) […]

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OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation

Defense Tech Startup Govini Surges Past $100M ARR, Secures $150M Investment to Challenge Palantir

October 14, 2025

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Govini, a defense technology software startup competing with Palantir, has surpassed $100 million in annual recurring revenue (ARR), marking a major milestone in its rapid growth. “We’ve been scaling at a compound annual growth rate above 100% over the past three years, and we expect to continue on that trajectory,” said CEO Tara Murphy Dougherty. […]

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Nvidia Spends $900 Million to Bring Enfabrica CEO on Board and License AI Startup’s Breakthrough Tech

Snowflake to buy database startup Crunchy Data

June 5, 2025

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Snowflake’s acquisition of Crunchy Data for approximately $250 million marks a strategic move to enhance its AI Data Cloud platform with enterprise-grade PostgreSQL capabilities. This acquisition underscores the growing importance of robust database solutions in the development and deployment of AI applications. Why Snowflake Acquired Crunchy Data Snowflake aims to bolster its offerings for customers […]

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Is Starlink Coming to Pakistan?

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech

July 23, 2025

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Amazon is set to acquire Bee AI, a San Francisco-based startup known for its AI-powered wearable device, marking another strategic move by the tech giant to deepen its investments in generative artificial intelligence. Bee AI’s flagship product is a $49.99 wristband that resembles a smartwatch and comes equipped with built-in microphones and AI capabilities. The […]

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How Huawei Rose from Telecom Player to China’s AI Powerhouse

Showdown Looms: YouTube TV Warns Fox Channels Could Vanish Without Deal

August 26, 2025

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YouTube TV, Google’s live-streaming service, announced Monday that it may drop several Fox networks — including Fox Broadcast, Fox News, and Fox Sports — if a new carriage agreement with Fox Corporation is not finalized this week. The current deal expires Wednesday, and despite ongoing negotiations, both sides remain at an impasse. In a blog […]

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Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China