Technology

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

August 18, 2025

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OpenAI is reportedly preparing a secondary share sale worth around $6 billion that could value the artificial intelligence giant at nearly $500 billion. The offering would allow current and former employees to cash out shares, with major investors such as SoftBank, Dragoneer Investment Group, and Thrive Capital said to be in talks to participate. Thrive […]

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Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China

August 18, 2025

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A group of six Senate Democrats has called on President Donald Trump to reverse his decision allowing U.S. chipmakers Nvidia and Advanced Micro Devices (AMD) to sell advanced AI semiconductors to China in exchange for 15% of revenue from those sales. The lawmakers — including Chuck Schumer, Mark Warner, Jack Reed, Jeanne Shaheen, Christopher Coons, […]

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

TeraWulf Soars Over 10% as Google Expands Stake in Bitcoin Miner and AI Datacenter Project

August 18, 2025

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Shares of TeraWulf surged more than 10% after Google boosted its investment in the bitcoin mining and datacenter operator, backing the expansion of its Lake Mariner facility in New York. The deal adds up to $1.4 billion in fresh backstop funding, raising Google’s total commitment to about $3.2 billion and increasing its ownership stake from […]

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Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf

Bitcoin Retreats to $115000 as Inflation Jitters Spark $500M Crypto Sell-Off

August 18, 2025

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The cryptocurrency market kicked off the week on a volatile note, with more than half a billion dollars in leveraged positions wiped out amid renewed macroeconomic worries. Bitcoin slipped 2% to $115,255 after briefly plunging to $114,706, just days after setting a new all-time high of $124,496. Ether also pulled back 4% to $4,283, retreating […]

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

Citi Predicts Brent Crude Could Slide to Low-$60s by Year-End Amid Market Softening

August 12, 2025

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Analysts at Citibank expect Brent crude prices to drift toward the low $60 per barrel range before the year closes, pointing to signs of a cooling market. As of Wednesday afternoon, Brent futures traded at $66.53 per barrel, down 36 cents, while U.S. West Texas Intermediate (WTI) slipped 38 cents to $63.97.The bank noted that […]

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Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

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

August 12, 2025

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U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]

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Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Apple Stock Soars to 5-Year High After White House Push for U.S. Manufacturing

August 12, 2025

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Apple shares surged 13% this week, marking their strongest weekly rally in over five years, following CEO Tim Cook’s appearance at the White House alongside President Donald Trump on Wednesday. The stock closed Friday at $229.35, up 4% for the day, adding more than $400 billion to Apple’s market capitalization, which now stands at $3.4 […]

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Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over

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

August 12, 2025

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OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]

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Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

August 12, 2025

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Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has increased the size of its upcoming initial public offering. The company now plans to raise approximately $990 million by offering 30 million shares priced between $32 and $33 each, valuing the firm at about $4.8 billion, according to a recent filing with the U.S. […]

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

Musk Threatens Swift Legal Action Against Apple Over Alleged AI App Store Bias

August 12, 2025

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Elon Musk has warned of taking immediate legal steps against Apple, accusing the tech giant of antitrust violations in how it ranks AI chatbot apps on its App Store. Musk claims Apple’s practices make it “impossible” for any AI company other than OpenAI to secure the top position. He criticized Apple for excluding his social […]

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Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging