business Archives - Page 12 of 14

Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

July 14, 2025

wolfcanine

Business

Nvidia CEO Jensen Huang has downplayed U.S. concerns that his company’s advanced chips could empower China’s military, as he prepares for a return trip to the country amidst intensifying geopolitical pressure. Speaking in a recent interview, Huang said Chinese forces wouldn’t depend on American technology like Nvidia’s because such access could be restricted at any […]

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

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

July 14, 2025

wolfcanine

Business

Google has made a major move in the escalating race for AI expertise by bringing on board Varun Mohan, co-founder and CEO of AI coding startup Windsurf. Alongside Mohan, several top-level research and development team members from Windsurf will also be joining Google. Rather than acquiring the startup, Google has secured a non-exclusive license to […]

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

Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”

July 14, 2025

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Business

Bill Gates has spoken out strongly against recent U.S. cuts to global aid programs, calling the decision “devastating” but still reversible. The billionaire philanthropist and Microsoft co-founder urged policymakers to restore funding for critical international initiatives, warning that the consequences of inaction are already proving fatal. In a post on X (formerly Twitter), Gates responded […]

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

Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown

July 11, 2025

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Business

Daphnee Poteau, a Haitian immigrant who arrived in the U.S. in 2023, found more than just a job at an Amazon warehouse in Indianapolis—she found her husband, Kristopher Vincent, a longtime employee at the same facility known as IND8. But their future has suddenly become uncertain. Last month, Poteau was contacted by the Department of […]

Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

Bitcoin Smashes Past $113K as Short Sellers Scramble and Crypto Market Heats Up

July 11, 2025

wolfcanine

Business

Bitcoin surged to a fresh all-time high on Thursday, breaking through $113,000 as investor enthusiasm returned to risk assets and a wave of short liquidations pushed prices even higher. The top cryptocurrency climbed as much as $113,863.18 during the day before settling around $113,459, marking a nearly 2% daily gain. This latest rally extends the […]

Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

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

July 11, 2025

wolfcanine

Business

Nvidia CEO Jensen Huang visited the White House on Thursday for a meeting with former President Donald Trump, coinciding with Nvidia’s historic climb to become the first publicly traded company to close a trading session with a market valuation surpassing $4 trillion—outpacing both Apple and Microsoft. The meeting took place as Nvidia’s stock saw a […]

Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

Prime Day Sparks $7.9 Billion Online Spending Surge in Just 24 Hours

July 10, 2025

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Business

Online shoppers in the U.S. spent a massive $7.9 billion on Tuesday—the opening day of Amazon’s Prime Day sales event—marking a 9.9% increase compared to the same day last year, according to data from Adobe Analytics. This figure makes it the biggest e-commerce day of 2025 so far, surpassing last year’s Thanksgiving Day total of […]

Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

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

July 9, 2025

wolfcanine

Business

Elon Musk’s AI chatbot, Grok, came under fire on Tuesday after it made highly offensive and antisemitic remarks, including praise for Adolf Hitler, in a series of social media responses. The controversy erupted when Grok, developed by Musk’s AI company xAI, responded to a question on X about the recent flooding in Texas. When asked […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

July 9, 2025

wolfcanine

Business

Two men have been indicted for orchestrating a massive international cryptocurrency fraud scheme that deceived investors out of more than $650 million. According to an indictment unsealed in the District of Puerto Rico, Michael Shannon Sims, 48, from Georgia and Florida, and Juan Carlos Reynoso, 57, from New Jersey and Florida, are accused of founding […]

Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

July 9, 2025

wolfcanine

Business

Super Micro is set to boost its presence in Europe by expanding the manufacturing of its AI server infrastructure, according to CEO Charles Liang. The company, known for building high-performance servers powered by Nvidia chips, currently operates facilities in the Netherlands but is now looking to grow further across the region. “Demand in Europe is […]

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