SAP Commits €20 Billion to Europe’s Sovereign Cloud to Accelerate AI Innovation

September 2, 2025

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Business

German enterprise software leader SAP announced on Tuesday a landmark plan to invest more than €20 billion ($23.3 billion) over the next decade to strengthen its sovereign cloud infrastructure in Europe. The investment will expand SAP’s sovereign cloud portfolio by introducing a new infrastructure-as-a-service (IaaS) platform, giving European businesses secure access to advanced computing services […]

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

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

September 1, 2025

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Business

Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]

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

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

August 26, 2025

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Business

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Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

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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Business

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

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

August 12, 2025

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Business

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

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

August 12, 2025

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Business

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

AI Turbocharges Big Tech’s Ad Revenue, While Smaller Players Struggle to Keep Pace

August 12, 2025

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Artificial intelligence has become a major catalyst for digital advertising growth, propelling industry giants like Meta and Alphabet to deliver quarterly sales and earnings that exceeded market forecasts. Meta CEO Mark Zuckerberg credited AI for driving “greater efficiency and gains across our ad system,” helping push second-quarter revenue up 22% year-over-year to $47.52 billion. Meta […]

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

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

August 12, 2025

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Business

Masayoshi Son is placing what may be the most ambitious wager of his career — transforming SoftBank into a global leader at the heart of the artificial intelligence revolution. Son predicts that artificial superintelligence (ASI) — technology 10,000 times more intelligent than humans — could arrive within the next decade. Known for high-stakes moves, such […]

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