In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]
OpenAI announced on Wednesday that it will begin leveraging Google Cloud infrastructure to support its widely used AI assistant, ChatGPT. This move reflects OpenAI’s increasing need for computing power as demand continues to surge. While the company initially depended solely on Microsoft for its cloud infrastructure, it has since broadened its partnerships. Microsoft had even […]
Advanced Micro Devices (AMD) announced on Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China, sending its stock up more than 6% following the announcement. The company stated that the U.S. Department of Commerce has begun reviewing license applications again, allowing AMD to move forward with exports once approval […]
Bitcoin dipped below the $117,000 mark on Tuesday following a legislative setback in the U.S. House of Representatives, where several cryptocurrency-focused bills were blocked from advancing. According to Coin Metrics, the digital asset was last trading 2.8% lower at $116,516, retreating from an earlier high of $120,481.86. The decline followed a 196–223 vote, where a […]
The U.S. Department of Defense announced Monday that it has awarded contracts worth up to $200 million to four major AI firms—Anthropic, Google, OpenAI, and xAI—to accelerate the development of artificial intelligence systems aimed at addressing key national security needs. These contracts, coordinated through the DoD’s Chief Digital and Artificial Intelligence Office, will support the […]
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 […]
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 […]
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 […]
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 […]