AI and chipmakers spearhead a deepening global tech rout
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Oracle to eliminate 21,000 roles as it pivots to AI
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Nvidia will supply up to 260,000 AI chips to South Korean corporations and the government, a move that underscores the...
Read moreDetailsIntel is in preliminary talks to acquire AI chip startup SambaNova, according to Bloomberg, in a move that could bolster...
Read moreDetailsNvidia Chief Executive Jensen Huang said artificial intelligence has entered a “virtuous cycle” in which rapid improvements in models spur...
Read moreDetailsFederal Reserve Chair Jerome Powell said the current artificial-intelligence boom differs markedly from the dot-com era, citing profitable leaders and...
Read moreDetailsAs artificial intelligence spreads across the economy, exposure isn’t uniform. Citing the World Economic Forum, the piece argues data-rich fields...
Read moreDetailsMicrosoft’s AI bet is getting more expensive—and bigger. The software giant said capital spending jumped 74% in the September quarter...
Read moreDetailsNvidia became the first company to surpass a $5 trillion market capitalization, closing up more than 3% at roughly $5.03...
Read moreDetailsBridgewater Associates founder Ray Dalio cautioned that an AI-fueled rally in megacap technology shares bears classic bubble traits, but argued...
Read moreDetailsAmazon said it will eliminate 14,000 corporate jobs as it accelerates investment in artificial intelligence, part of a broader push...
Read moreDetailsCharacter.ai will prohibit users under 18 from chatting with its AI bots starting Nov. 25, limiting minors to creating content...
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