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HSBC CEO warns companies spending heavily on AI may not reap benefits soon

HSBC CEO warns companies spending heavily on AI may not reap benefits soon

HSBC CEO Georges Elhedery warned that companies are spending heavily on AI but may not reap the benefits soon.
OpenAI offers free year of ChatGPT access to attract Indian users

OpenAI offers free year of ChatGPT access to attract Indian users

OpenAI is offering a year of free ChatGPT to attract more users from India.
Intel struggles to rebound even after massive Nvidia deals and US subsidies

Intel struggles to rebound even after massive Nvidia deals and US subsidies

Intel’s manufacturing arm is still losing billions despite US government and Nvidia investments.
Sam Altman pulls Microsoft, Nvidia, Oracle, AMD, Broadcom, and SoftBank into massive AI infrastructure deals worth over $1 trillion

Sam Altman pulls Microsoft, Nvidia, Oracle, AMD, Broadcom, and SoftBank into massive AI infrastructure deals worth over $1 trillion

According to The Wall Street Journal, Sam Altman turned a quiet White House appearance into a global power play that dragged Microsoft, Apple, Nvid...
Wall Street deals with circular money machine risks as AI firms fund demand boom

Wall Street deals with circular money machine risks as AI firms fund demand boom

Wall Street is facing a strange kind of storm, where the same companies behind the AI boom are also now funding the very demand that brings them pr...