Key Points: Alibaba Cloud led a 2 billion yuan ($290 million) funding round for artificial intelligence startup ShengShu. Technology companies are shifting focus from text-heavy language models to video-based world models. ShengShu plans to use the money to build systems...
Key Points: Apple will shut down its Towson, Maryland location, the company's first unionized retail store. More than 100 workers at this exact location voted to join a labor union in 2022. The technology giant blames poor mall conditions and departing retailers for the unexpected closure. Labor leaders accuse Apple of union-busting and plan to...
Key Points: Anthropic is looking into designing its own AI chips to beat industry hardware shortages. The company hit a $30 billion revenue run rate in 2026, tripling its 2025 revenue. Anthropic recently committed $50 billion to build up U.S. computing infrastructure. Designing a new AI chip costs businesses around $500 million to cover engineers...
Key Points: xAI filed a federal lawsuit to stop Colorado from enforcing Senate Bill 24-205 when it takes effect on June 30. The company argues the law violates the First Amendment by forcing the Grok software model to adopt state views on diversity. The recent merger between xAI and SpaceX created a massive company willing...
Key Points: Google is committed to using multiple generations of Intel Xeon 6 processors for its artificial intelligence data centers....
Key Points: The S&P 500 rose 0.64%, and the Dow Jones gained 0.66% after Israel announced direct negotiations with Lebanon....
Key Points: Starlink and US Mobile teamed up to offer a brand new bundle that combines home satellite internet with...
Key Points: West Texas Intermediate crude hit $101 before settling near $98 a barrel amid ongoing Middle East tensions. The...
Key Points: Gen Z investors currently account for 34.0% of all new IRA contributions this year, beating millennials at 20.0%....
Key Points: Florida Attorney General James Uthmeier officially opened an investigation into OpenAI and its popular ChatGPT platform. The state...
Key Points: Walt Disney plans to eliminate up to 1,000 jobs in the coming weeks, primarily targeting its marketing department....
Key Points: A new government-backed report reveals that repetitive financial risk warnings actively scare British citizens away from investing in...
Key Points: A federal appeals court in Washington refused to temporarily stop the Department of Defense from blacklisting Anthropic. The...
Key Points: The Federal Communications Commission will vote on April 30 to stop all Chinese laboratories from testing electronic devices...
Key Points: A 2-week ceasefire in Iran started on Wednesday, but the Trump administration and Iranian officials immediately clashed over...
Key Points: LG Innotek is moving from just supplying parts to offering complete solutions. Physical AI, like robotics and self-driving...
Key Points: United States stock markets experienced massive gains, while oil prices dropped by over 12.0% following news of a...
Key Points: Cybercriminals successfully stole 7.7 terabytes of sensitive internal data from the Los Angeles Police Department. The leaked information...
Key Points: Meta officially launched Muse Spark, the first artificial intelligence model created by its highly funded superintelligence team. The...
Key Points: Global spending on semiconductors will reach a staggering $1.3 trillion in 2026, marking a 64.0% increase from the...
Key Points: Sigenergy Technology Co aims to raise HK$4.40 billion in its upcoming public stock offering. The company will price...
Key Points: The Standard & Poor's 500 index lost 4.6% in the first quarter, marking its worst quarterly performance since...
Key Points: Federal Reserve Vice Chair Philip Jefferson believes current short-term borrowing costs sit at the exact right level to...
Key Points: Super Micro initiated an independent investigation after the United States Justice Department indicted three individuals linked to the...
Key Points: Pacific Investment Management Company and Bank of America are negotiating a $14 billion debt deal to fund a...
Key Points: Amazon Web Services CEO Matt Garman confirmed that recent military drone strikes severely damaged company data centers in...
Key Points: US Trade Representative Jamieson Greer wants to maintain stable relations with China while ensuring access to vital rare...
Key Points: Democratic senators demand answers from Treasury Secretary Scott Bessent over massive liquefied natural gas tankers claiming a tax...
Key Points: Apple encountered unexpected engineering problems during the early test production phase of its highly anticipated foldable smartphone. Sources...
Key Points: Intel announced a massive partnership with Elon Musk’s Terafab project, joining Tesla, SpaceX, and xAI. The collaboration will...
Key Points: LG Group Chairman Koo Kwang-mo visited Silicon Valley last week to meet with leaders of top artificial intelligence...
Key Points: Global currency markets remain jittery as traders await a final 8:00 p.m. ET deadline for Iran to reopen...
Key Points: United States crude prices jumped 1.1% to $113.67 a barrel as President Donald Trump threatened immediate action against...
Key Points: OpenAI formally asked attorneys general in California and Delaware to investigate Elon Musk for anti-competitive behavior. Musk currently...
Key Points: Samsung expects a record-breaking first-quarter operating profit of $37.92 billion, completely crushing Wall Street expectations. The massive profit...
Key Points: Amazon signed a new contract to keep roughly 80.0% of its current delivery volume with the United States...
