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Nebius lands $3B Meta AI contract, posts 355% revenue surge

Nebius lands $3B Meta AI contract, posts 355% revenue surge

Amsterdam-based Nebius Group (NBIS) has signed a $3 billion agreement with Meta Platforms to provide AI infrastructure over the next five years, un...
SoftBank offloads entire $5.83 billion Nvidia stakes to raise cash for new AI investments

SoftBank offloads entire $5.83 billion Nvidia stakes to raise cash for new AI investments

SoftBank sold its entire holding in Nvidia for $5.83 billion in October, according to the earnings announcement shared Tuesday. The sale included 3...
Why analysts are flagging these two big AI winners as ‘Sell’: here’s what to know

Why analysts are flagging these two big AI winners as ‘Sell’: here’s what to know

Wall Street’s most bullish AI darlings are facing a sudden credibility crisis. Despite stellar earnings and record growth, analysts at major broker...
China’s economy is in trouble as deflation worries grow

China’s economy is in trouble as deflation worries grow

China’s economy is seeing an interesting mix of growth while prices are shrinking. Policy-driven overinvestment has created so much supply that dom...
Intel’s top AI executive jumps to OpenAI after just half a year

Intel’s top AI executive jumps to OpenAI after just half a year

Sachin Katti, who was handed the job of chief technology officer and head of AI at Intel only six months ago, just walked away from the role to joi...
Honda is losing its market to Chinese automakers

Honda is losing its market to Chinese automakers

Honda is losing its market to Chinese automakers.
Asia markets open: Stocks rally as Kospi soars 1.94%; India’s Sensex opens lower

Asia markets open: Stocks rally as Kospi soars 1.94%; India’s Sensex opens lower

Asian markets broadly advanced on Tuesday, tracking a strong rally on Wall Street that was fueled by renewed optimism in the artificial intelligenc...
Former Taiwan President says the semiconductor industry is vital for both global prosperity and Taiwan’s defense

Former Taiwan President says the semiconductor industry is vital for both global prosperity and Taiwan’s defense

Former President Tsai Ing-wen has credited Taiwan’s semiconductor industry for strengthening the island’s resilience and defense. Taiwan’s semicond...
Revealing the AI Bubble: Why Infrastructure Timelines Threaten Trillion-Dollar Bets

Revealing the AI Bubble: Why Infrastructure Timelines Threaten Trillion-Dollar Bets

BitcoinWorld Revealing the AI Bubble: Why Infrastructure Timelines Threaten Trillion-Dollar Bets Is the AI bubble about to burst, or are we witness...
Nobel laureate John M. Martinis has formed the Quantum Scaling Alliance with HPE, Applied Materials, Synopsys, and others

Nobel laureate John M. Martinis has formed the Quantum Scaling Alliance with HPE, Applied Materials, Synopsys, and others

One of this year’s Nobel Prize winners, John M. Martinis, has announced a partnership with Applied Materials, Synopsys, HPE, and others.  The major...