SK hynix Taps AI Frenzy With $26.5 Billion Nasdaq Listing
SK hynix priced a $26.5 billion U.S. offering of American depositary shares at $149 apiece, in one of the largest...
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Meta stock dips as soaring AI capex eclipses gains on in-house chip rollout
Meta shares fell after the company laid out aggressive plans to double computing capacity and begin producing an in-house AI...
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Warren presses Pentagon and tech giants to reveal AI contract details
Sen. Elizabeth Warren called on the Pentagon and seven major tech firms to disclose contracts enabling artificial-intelligence tools on classified...
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Meta’s new AI can turn public Instagram photos into deepfakes—without consent
Meta rolled out an image-generation tool, Muse AI, that can produce realistic depictions of people using public Instagram photos as...
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Trump Rolls Out AI Strategy, Vows ‘America Will Win’
President Donald Trump unveiled “Winning the Race: America’s AI Action Plan,” a blueprint with more than 90 measures to speed...
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Nvidia’s $1 Trillion Rout Pushes Its Valuation Back to Pre-AI Frenzy Levels
Nvidia has shed about $1 trillion in market value in under two months, leaving the chip maker trading at roughly...
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SambaNova nabs $1 billion at an $11 billion valuation, just five months after its previous mega funding round
SambaNova Systems raised $1 billion at an $11 billion valuation in a first close of its Series F round led...
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AI startups are hitting revenue milestones at an increasingly rapid clip
A wave of AI-focused companies is reporting sharply accelerating revenue, with several hitting milestones in progressively shorter intervals. Mercor said...
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China flags potential “security backdoor” in Anthropic’s Claude Code tool
China’s National Vulnerability Database, a cybersecurity platform affiliated with the Ministry of Industry and Information Technology, warned that some versions...
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Alphabet’s AI Spending Binge Looks Like a Windfall for Nvidia
Alphabet’s $80 billion equity raise to bankroll artificial-intelligence infrastructure is poised to bolster Nvidia, whose GPUs remain central to large-scale...
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