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 […]
Federal Trade Commission (FTC) Commissioner Rebecca Slaughter voiced concern on Friday over the unresolved status of a complaint against Snap’s My AI chatbot, which the agency had referred to the Department of Justice (DOJ) earlier this year. In January, the FTC confirmed it would transfer a non-public complaint citing potential “risks and harms to minors” […]
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 […]
Huawei has officially launched the second generation of its trifold smartphone, the Mate XTs, as part of its push to solidify dominance in China and expand its footprint overseas. The Mate XTs, priced from 17,999 yuan ($2,520) to 21,999 yuan, features two hinges that allow the device to fold at multiple points, transforming it into […]
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 […]