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) […]
President Donald Trump warned on Friday that he may launch a trade investigation under Section 301 in response to what he called “discriminatory” penalties imposed by the European Union on American tech giants like Google and Apple. “We cannot allow this to happen to American innovation. If it continues, I will be forced to initiate […]
It’s been a blockbuster week for tech investors, with courtroom rulings and boardroom deals fueling massive gains across the industry’s biggest players. A favorable antitrust ruling for Google sent shares of Alphabet and Apple soaring, while Broadcom rallied on news of a $10 billion AI chip contract. Meanwhile, Tesla rebounded as investors weighed in on […]
President Donald Trump is set to host an exclusive gathering of two dozen top tech and business leaders on Thursday evening in the newly renovated White House Rose Garden. Among the high-profile invitees are Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft co-founder Bill Gates, and OpenAI’s Sam Altman, according to a White House […]
At a White House dinner with top tech leaders, President Donald Trump congratulated Google CEO Sundar Pichai and co-founder Sergey Brin following Alphabet’s favorable outcome in a major antitrust case. “Well, you had a very good day yesterday,” Trump said as he called on Pichai during the dinner. “Google had a very good day yesterday. […]
Eric Trump on Friday voiced strong confidence that Bitcoin will eventually reach a $1 million valuation, speaking at the Bitcoin Asia 2025 conference in Hong Kong — the first stop in a series of Asian crypto events featuring the Trump family. Sharing insights on his deep involvement in digital assets, Eric Trump said, “I truly […]
Microsoft has struck a landmark agreement with the U.S. General Services Administration (GSA), offering over $6 billion in cost savings on cloud services over the next three years. The deal provides government agencies with access to discounted pricing on Microsoft’s cloud platforms and productivity tools through September 2026. As part of the initiative, federal agencies […]
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 […]
Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]
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 […]