Nvidia (NVDA) CEO Jensen Huang is getting fans of artificial general intelligence excited. Speaking on Lex Fridman’s podcast Monday, Huang bypassed years of speculation with one comment. “I think we’ve achieved AGI,” he said. The claim surfaced after Fridman asked Huang how long it would take AI to innovate, find customers, and manage a team […]
SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, citing a person with direct knowledge of the plans. Advisers involved in the preparation predict the company could try to raise more than $75 billion in the IPO, the report said. The […]
Asset management giant BlackRock’s CEO Larry Fink warned on Monday the artificial intelligence boom risks widening the wealth gap unless more individuals share in market gains. The rapid rise of AI has sparked debate over whether its gains will be broadly shared across sectors or increase the divide between big tech firms and smaller companies […]
Alibaba has pushed further into the global race for agentic artificial intelligence, with its international commerce division launching Accio Work, a plug‑and‑play “AI taskforce” it says can autonomously run complex business operations for small and medium-sized enterprises. The launch comes amid a boom in China around agentic AI triggered by OpenClaw, which has consumers ranging […]
OpenAI (OPAI.PVT)will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters. The move was first reported by The Information. OpenAI has recently integrated Criteo, an advertising technology firm that provides an interface […]
BMW (BMW.DE) officially unveiled its new i3 EV on Wednesday, a sedan loaded with the automaker’s sport-oriented DNA and a Tesla-fighting 440 miles of estimated range. The new i3, the second model built on BMW’s next-gen Neue Klasse platform, is longer, wider, and taller than the outgoing 3 Series and previews the design of the […]
Palantir (PLTR)’s Maven artificial intelligence system will become an official program of record, Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders, a move that locks in long-term use of Palantir’s weapons-targeting technology across the U.S. military. In the March 9 letter to senior Pentagon leaders and U.S. military commanders, Feinberg […]
A jury has found Elon Musk liable for defrauding investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil trial […]
Alibaba Group Holding Ltd. aims to quintuple cloud and AI revenue to $100 billion annually in five years, setting a high bar for its artificial intelligence endeavors to offset the plateauing of a once pre-eminent e-commerce empire. Chief Executive Officer Eddie Wu proclaimed that goal after his company reported a 67% plunge in quarterly earnings […]
A co-founder of Super Micro Computer Inc. was charged in New York with conspiring to illegally divert billions of dollars in artificial intelligence technology to China. US prosecutors charged Yih-Shyan “Wally” Liaw in a scheme to send high-performance computer servers assembled in the US with sophisticated AI capabilities to China in violation of US export […]
Xiaomi Corp. shares rallied Thursday after the company released its latest artificial intelligence models and as it prepared to launch a refreshed version of its SU7 electric vehicle. The Hong Kong-listed stock jumped as much as 5.8%, making it the best performer on the Hang Seng Tech Index — which itself fell more than 2% […]
Micron (MU) reported its second quarter earnings after the closing bell on Wednesday, beating expectations on the top and bottom lines and providing Q3 guidance well above estimates as the AI market continues to drive massive demand for memory chips around the world. For the quarter, Micron reported earnings per share (EPS) of $12.20 on […]
