Key Points: World Labs secured $1 billion to develop "spatial intelligence" technology. Major investors include chip giants AMD and Nvidia, plus Autodesk. The startup is reportedly valued at approximately $5 billion. Fei-Fei Li aims to move AI beyond 2D text...
Key Points: Microsoft matched 100% of its electricity usage with renewable energy last year. The company contracted 40 gigawatts of green power across 26 countries. Executives plan to invest $50 billion by 2030 to expand AI in the Global South. Nuclear energy deals will help the company remain carbon-negative in the future. Microsoft announced on Wednesday that it successfully matched all its electricity needs with...
Key Points: The ECB designed the digital euro to keep banks central. New currency aims to compete with non-European tech giants. Fee caps will undercut expensive international card networks. Pricing structure protects local schemes like Bancomat and Bizum. A senior official from the European Central Bank (ECB) assured bankers on Wednesday that the upcoming digital euro will not put them out of business. Instead, the...
Key Points: Meta will use millions of Nvidia chips to power its AI data centers. The deal includes the first large-scale use of Nvidia's standalone Grace CPUs. Meta plans to deploy next-generation Vera Rubin systems starting in 2027. Nvidia and Meta stocks rose, while competitor AMD's stock dropped 4%. Meta and Nvidia announced a massive expansion of their partnership on Tuesday, solidifying a deal that...
Key Points: The U.S. Supreme Court is deploying new software to detect conflicts of interest. The system compares case details...
Key Points: SoftBank Group dissolved its stake in Nvidia during the fourth quarter. Nvidia shares dropped 1.6% following the disclosure....
Key Points: Ormat signed a deal to provide 150 MW of geothermal power. The energy will support Google’s data center...
Key Points: Ireland's Data Protection Commission is investigating X's chatbot, Grok. The probe focuses on the creation of sexualized AI...
Key Points: SpaceX and xAI have joined a secret military competition. The contest aims to build voice-controlled drone swarms. The...
Key Points: Invest International is loaning Nexperia $60 million for global upgrades. The funds will modernize production lines and boost...
Key Points: Investors are moving from AI hype to practical concerns. Software stocks have dropped double digits due to replacement...
Key Points: Anthropic's revenue rate in India doubled in just four months. India is now the second-largest market for Claude...
Key Points: Keir Starmer wants new powers to change internet laws quickly. The government is considering banning social media for...
Key Points: Experts predict Chinese cars will enter the US market within a decade. High tariffs mean companies must build...
Key Points: Big Tech firms are borrowing heavily to fund expensive AI projects. Investors are buying credit derivatives to protect...
Key Points: The US military reportedly used the AI model Claude during the Maduro raid. Access to the AI came...
Key Points: OpenAI is partnering with defense firms for a military contest. The technology translates voice commands for drone swarms....
Key Points: The Dow Jones and S&P 500 rose slightly, but the NASDAQ fell. Nike and UnitedHealth led the Dow,...
Key Points: SpaceX is planning a massive IPO for later this year. The company may use a dual-class share structure...
Key Points: China says fixing the chip supply chain is the top priority. The Commerce Ministry responded to a Dutch...
Key Points: YouTube released a dedicated app after a two-year delay. The app supports 8K playback on newer M5 chip...
Key Points: Global electric vehicle registrations fell by 3% in January. Sales in China dropped 20% due to new purchase...
Key Points: Apple won a major defense verdict in a Texas federal court. Optis previously won verdicts of $506 million...
Key Points: Anthropic raised $30 billion, pushing its valuation to $380 billion. New investors include D. E. Shaw Ventures, ICONIQ,...
Key Points: Tax police searched Amazon's Milan offices and managers' homes. Investigators suspect the company evaded taxes between 2019 and...
Key Points: SoftBank’s Vision Fund posted a $2.4 billion gain last quarter. Rising value in OpenAI offset losses from TikTok...
Key Points: Prices for 64GB DDR5 RAM kits have soared past the $1,000 mark. The same amount of RAM cost...
Key Points: Meta has started construction on a new data center in Indiana. The project represents a massive $10 billion...
Key Points: Apptronik raised $520 million from investors like Google and Mercedes-Benz. The new deal values the Texas-based robot maker...
Key Points: A Dutch court ordered an investigation into mismanagement at chipmaker Nexperia. Former CEO Zhang Xuezheng remains suspended to...
Key Points: Montour County commissioners rejected a rezoning request for a data center. Residents feared the project would raise power...
Key Points: Ford posted a massive $11.1 billion net loss for the fourth quarter. The company does not expect its...
Key Points: The DOE found no malicious technology in Chinese-made inverters. Investigators inspected 30 devices following reports of hidden hardware....
Key Points: CEO Shishir Mehrotra views AI as a "job expander," not a job killer. Grammarly acquired Superhuman and Coda...
Key Points: European publishers filed a formal antitrust complaint against Google. The dispute focuses on "AI Overviews" that summarize news...
Key Points: Rising memory chip prices are hurting electronics and car manufacturers. Chipmakers like Samsung and SK Hynix are seeing...
