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Latest Technology News

Elon Musk Rebrands xAI and Commits to Massive Nvidia Chip Orders

Key Points: Elon Musk announced that SpaceX AI and Tesla will continue to order Nvidia chips at scale. This marks the very first time Musk has referred to the combined xAI entity as SpaceX AI. Tesla is actively designing its fifth-generation AI5 chip for autonomous driving. A massive update to Tesla's Full Self-Driving software is coming in a few weeks. Elon Musk dropped several massive...

Alibaba Cloud Raises Prices Due to Soaring AI Hardware Costs

Key Points: Alibaba Cloud is raising service prices, some up to 34%. The primary reason is the soaring cost of hardware due to global AI demand. GPU-powered services will see the largest price increases. Other cloud providers like AWS and Microsoft have also increased prices. Alibaba Cloud is increasing prices for many of its services, with some jumping as much as 34%. The Chinese cloud...

Micron Soars as AI Boom Fuels Memory Shortage

Key Points: Micron's stock surged due to high demand for memory in AI chips. The AI boom causes a severe shortage of memory chips. Nvidia's new GPUs require significantly more memory, boosting Micron's sales. Memory shortages will likely continue for several years. Micron's stock has seen incredible growth, tripling in 2025 and rising almost 62% so far in 2026. This surge comes from the massive...