Key Points: Intel stock jumps over 20% after strong Q1 earnings report. Q1 revenue and EPS beat analyst expectations, Q2 guidance also positive. Data Center and AI business revenue significantly exceeds forecasts. Intel sees growing demand for CPUs due to...
Key Points: DeepSeek previews V4, a major upgrade to its AI model. New V4 model will come in "pro" and "flash" versions. V4 succeeds the V3 model, launched in December 2024. The announcement was made via the company's WeChat channel. Chinese AI startup DeepSeek began showing off a significant upgrade to its popular artificial intelligence model on Friday. This new version, called V4, aims to...
Key Points: Tencent upgrades its foundational AI model, Hy3. Hy3 offers big advances in reasoning and coding, available on Tencent products. New Chief AI Scientist, Yao Shunyu (ex-OpenAI), leads the effort. Tencent is focusing on "agentic AI" and plans $5 billion in investments. Tencent Holdings Ltd. has revealed a big upgrade to its core AI model, marking a significant moment for China’s most valuable company....
Key Points: Oil prices rise for the fifth straight day, longest streak since January. US-Iran talks stalled, threatening Persian Gulf oil flows. Trump's social media posts and blockade hinder negotiations. Strait of Hormuz remains largely frozen, impacting supply. Oil prices rose for a fifth consecutive day, marking their longest streak of gains since January. This increase comes as uncertainty around talks between the U.S. and...
Key Points: A major collaboration led by the Gladstone Institutes introduced a powerful DNA-editing system into 14 new bacterial species....
Key Points: Cisco Systems revealed a new switching chip designed to connect different types of quantum computers. The company wants...
Key Points: LG Innotek is moving from just supplying parts to offering complete solutions. Physical AI, like robotics and self-driving...
Key Points: Elon Musk's SpaceX secured a $20 billion bridge loan to refinance existing debt ahead of its upcoming IPO....
Key Points: British authorities banned the leasing of "Global Titles" to stop criminals from exploiting the international telecommunications system. Global...
Key Points: Meta announced it will lay off roughly 8,000 workers, which equals about 10% of its total workforce. The...
Key Points: Intel forecast second-quarter revenue between $13.8 billion and $14.8 billion, easily beating Wall Street expectations. Shares of the...
Key Points: Recent advancements in cryogenic storage technology have enabled the enhanced preservation of biological samples, offering improved reliability and...
Key Points: Brazil's antitrust watchdog CADE voted to deepen its investigation into how Google uses journalistic content. The agency will...
Key Points: American Airlines CEO Robert Isom flatly rejected the idea of merging with United Airlines, calling it anti-competitive. Isom...
Key Points: NextEra Energy expects to finalize massive agreements within three months to build natural gas-fired power projects in the...
Key Points: Amazon will strip traditional job titles from hundreds of employees at its Ring and Blink home security units....
Key Points: Artificial photosynthesis replicates natural plant processes to convert sunlight and carbon dioxide into clean fuels. Recent advancements focus...
Key Points: SpaceX plans "controlled company status" after its IPO. Elon Musk will retain significant control over the board. This...
Key Points: Netflix board authorizes additional $25 billion share buyback. New program adds to a previously approved buyback. Shares rose...
Key Points: Microsoft plans $17.9 billion AI and computing investment in Australia. Investment reflects growing AI demand and positions Australia...
Key Points: Alibaba's Qwen AI now directly books China Eastern flights. Users can book flights using natural language commands. Qwen...
Key Points: Oil prices rise for the fourth consecutive day. US and Iran remain in a stalemate over the Strait...
Key Points: NASA aims to launch the Nancy Grace Roman Space Telescope as early as September 2026, beating the original...
Key Points: SoftBank Group is reportedly seeking a massive $10 billion loan from global financial markets. The Japanese conglomerate plans...
Key Points: CRISPR-Cas9 technology enables precise gene editing for targeted gene therapies, revolutionizing treatment options for genetic disorders. Genetic engineering...
Key Points: Tesla plans to convert old assembly lines at its Fremont plant to build up to 1 million Optimus...
Key Points: Samsung unions expect roughly 37,000 workers to attend a rally at the Pyeongtaek chip factory. Union membership recently...
Key Points: IBM shares dropped 6% in after-hours trading following a noticeable slowdown in first-quarter revenue growth. Total revenue increased...
Key Points: TSMC plans to open a massive new chip packaging plant in Arizona by 2029. The company needs to...
Key Points Terabyte-level internet speeds promise a thousandfold increase in data transmission, redefining global digital connectivity and interaction. Advancements in...
Key Points: The United States and Iran are using opposing naval blockades to gain leverage after peace talks stalled. President...
Key Points: VAST Data reached a massive $30 billion valuation after completing its latest Series F funding round on Wednesday....
Key Points: Spirit Aviation's stock skyrocketed more than 500% after reports surfaced about a potential government bailout. The Trump administration...
Key Points: The European Union plans to overhaul its merger rules for the first time in more than two decades....
Key Points: Significant progress in neuroenhancement drugs is poised to improve cognitive functions such as memory, creativity, and concentration. The...
Key Points: LG Display plans $745 million investment in OLED infrastructure. Investment aims to boost technological competitiveness. The project will...
