Micron (MU) stock rose early on Wednesday after the chipmaker reported fiscal fourth quarter earnings that surpassed Wall Street’s expectations. The results after the bell on Tuesday are seen as a positive signal for the AI trade and for investors hoping the chipmaker’s stock can sustain its recent upswing. The stock briefly climbed around 2% […]
The energy demand from data centers is expected to double by 2028, according to the Lawrence Berkeley National Laboratory. But the US power grid, full of aging infrastructure, years-long connection queues, and decades of stagnant industrial development, is largely unequipped to handle that demand today. Much of the answer may lie in “off-grid” power, in […]
Nvidia (NVDA) stock jumped roughly 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement that the partnership will allow OpenAI to deploy “at least 10 gigawatts” of compute capacity from the chipmaker’s AI systems to train and […]
Artificial intelligence companies like OpenAI (OPAI.PVT) have been quick to unveil plans for spending hundreds of billions of dollars on data centers, but they have been slower to show how they will pull in revenue to cover all those expenses. Now, the consulting firm Bain & Co. is estimating the shortfall could be far larger […]
(Reuters) -Tesla (TSLA) CEO Elon Musk tantalized investors in July with a robotaxi update: After a small-scale test in Austin, Texas, Tesla would rapidly expand driverless cabs to markets including the San Francisco Bay Area, where it was “getting the regulatory permission to launch.” Musk posted on X earlier that month that Tesla would deploy […]
ALEXANDRIA, Virginia (Reuters) -Alphabet’s Google (GOOG) will seek to avoid a forced sale of part of its online advertising business in its latest face-off with U.S. antitrust enforcers at a trial starting on Monday in Alexandria, Virginia. The trial is the government’s next best shot at curbing what a judge has ruled is Google’s monopoly […]
Roblox (NYSE: RBLX) is a gaming platform that many investors know well. It has 112 million daily active users (DAUs) and one of the most engaged audiences in digital media. Players don’t just log in casually; they spend hours building, playing, and socializing in Roblox’s virtual worlds. But there’s a problem. Engagement hasn’t translated into […]
Mark Zuckerberg’s much-anticipated demo of Meta’s new AI glasses tanked Wednesday at the Connect 2025 keynote, with glitches playing out in front of a packed audience. The device, called Meta Ray-Ban Display is priced at $799 and has been pitched as a breakthrough in wearable “agentic AI” with digital assistants that act on behalf of […]
Xerox Holdings recently introduced the Xerox IJP900 Inkjet Press, marking its return to the mid-volume inkjet market with this high-speed, cost-effective color press designed for print service providers and in-plant operators seeking operational efficiency and new application opportunities. A unique feature of the IJP900 is its integration of AI-assisted workflows, advanced automation, and broad media […]
Sprout Social recently announced the launch of a new integration with Canva, allowing users to send finalized visual content directly from Canva to Sprout’s publishing platform as draft posts complete with captions, tags, and schedules. This collaboration is being embraced by major brands, such as FedEx, for its ability to streamline creative workflows and reduce […]
Every now and then, researchers at the biggest tech companies drop a bombshell. There was the time Google said its latest quantum chip indicated multiple universes exist. Or when Anthropic gave its AI agent Claudius a snack vending machine to run and it went amok, calling security on people and insisting it was human. This […]
SoftBank Group (SFTBY) will lay off nearly 20% of its Vision Fund team globally as it shifts resources to founder Masayoshi Son’s large-scale artificial intelligence bets in the United States, according to a memo seen by Reuters and a source familiar with the plan. The cuts mark the third round of layoffs at the Japanese […]
