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OpenAI, valued at $852 billion, eyes a 2026 IPO as revenue soars 225% to $13 billion, presenting investment opportunities via Ark Venture Fund and...

AI Technology

OpenAI's Sam Altman proposes a new AI regulatory framework as the White House blacklists Anthropic over failed contract negotiations, signaling rising tensions.

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Tencent aims for a 20% stake in $40B AI startup DeepSeek as Alibaba joins funding talks, intensifying the competition in China's AI landscape

AI Business

AI Business

European chipmaker ASM International's shares surged 9% to an all-time high, driven by robust AI demand and optimistic sales forecasts for Q2.

AI Business

AI models could reduce the 99% false positive rate in transaction monitoring, as highlighted by banking executives at a recent webinar hosted by AML...

AI Business

Google unveils TPU 8t and 8i chips, claiming 80% better inference performance for enterprises, reshaping AI workflow economics and competition with Nvidia.

AI Business

Adobe launches a $25 billion share buyback while partnering with DICK'S Sporting Goods and Xfinity to enhance AI-driven marketing solutions.

AI Technology

AI Technology

Cape EMS Berhad launches GrandCape joint venture with New Grand Tech to enhance EV mobility and AI infrastructure through advanced interconnect solutions, reinforcing its...

AI Technology

Microsoft will invest A$25 billion in Australia by 2029 to enhance AI infrastructure, underscoring the nation's potential as a key growth market for technology.

AI Technology

Telstra unleashes an AI bot, developed with Accenture, to streamline boardroom decision-making, combating information overload amid growing data volumes.

AI Technology

Taiwan Semiconductor Manufacturing Company reports a 40.6% revenue surge, surpassing Meta and Broadcom, with strong AI chip demand driving growth.

AI Technology

SkyBiometry unveils a comprehensive AI infrastructure suite, leveraging high-performance computing to accelerate LLM and generative AI development across industries.

AI Technology

Anthropic halts the release of its advanced AI model Mythos after unauthorized access raises cybersecurity threats, prompting heightened scrutiny from major banks and regulators.

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