Key Points: SK Hynix is buying an advanced extreme ultraviolet (EUV) scanner. The machine costs a massive 11.95 trillion won ($7.97 billion). The purchase is from ASML Korea, a top supplier of chip-making equipment. This move prepares SK Hynix for...
Key Points: A Los Angeles jury told the judge they cannot agree on a verdict for one of the defendants. The high-profile trial targets tech giants Google and Meta over social media addiction. The plaintiff is a young woman who claims she became addicted to YouTube and Instagram. If the jury fails to reach a unanimous decision, the entire case will require a retrial. A...
Key Points: Major European broadcasters want smart TVs and virtual assistants treated as tech "gatekeepers." The companies targeted include major brands such as Google, Amazon, Apple, and Samsung. Broadcasters fear that these tech giants control too much of the audience and content distribution. The industry group specifically warned about the growing power of AI assistants like Alexa and Siri. A massive fight is brewing between...
Key Points: JPMorgan Chase created a new financial product to bet against the debt of 5 major tech companies. The basket includes credit default swaps for Alphabet, Amazon, Meta, Microsoft, and Oracle. Trades happen in $25 million chunks, splitting $5 million evenly across each of the 5 companies. Investors are buying these swaps as insurance because tech giants are borrowing heavily to fund AI projects....
Key Points: Google executive Ruth Porat warned that the US is not scaling electricity fast enough. Artificial intelligence data centers...
Key Points: LG Innotek is moving from just supplying parts to offering complete solutions. Physical AI, like robotics and self-driving...
Key Points: Italy's competition watchdog fined Trustpilot €4 million for fake reviews. The platform failed to properly check if reviews...
Key Points: Samsung SDS launched Korea's first Nvidia B300-based GPU-as-a-Service (GPUaaS). The new B300 GPU offers huge jumps in memory...
Key Points: Activist investor Elliott Management built a multibillion-dollar stake in Synopsys. The firm wants Synopsys to generate more profit...
Key Points: OpenAI will start displaying ads to free and Go-tier ChatGPT users in the United States. The artificial intelligence...
Key Points: Nvidia CEO Jensen Huang unveiled the new Groq 3 chip and server racks during a 2.5-hour keynote at...
Key Points: A San Francisco jury found Elon Musk liable for misleading Twitter investors with 2 tweets before he bought...
Key Points: SoftBank Group wants to build a 10-gigawatt AI data center on a former US uranium enrichment site in...
Key Points: The Trump administration introduced a 6-part framework for a single national artificial intelligence policy. The White House aims...
Key Points: Amazon founder Jeff Bezos is talking with investors to raise a massive $100 billion fund. The new fund...
Key Points: OpenAI is acquiring Astral to enhance its AI coding assistant, Codex. Astral's team will join OpenAI, bringing their...
Key Points: Nvidia is shifting its AI strategy towards inferencing and AI agents. The company introduced the Groq 3 chip...
Key Points: Xiaomi's stock rose due to new AI model releases and an updated EV launch. The company is investing...
Key Points: Elon Musk announced that SpaceX AI and Tesla will continue to order Nvidia chips at scale. This marks...
Key Points: Alibaba Cloud is raising service prices, some up to 34%. The primary reason is the soaring cost of...
Key Points: Micron's stock surged due to high demand for memory in AI chips. The AI boom causes a severe...
Key Points: LG Group is investing heavily in AI data centers and energy storage. The "One LG" strategy combines all...
Key Points: Manus's AI agent, previously cloud-exclusive, now operates directly on desktops. The "My Computer" feature allows the agent to...
Key Points: OpenClaw is an open-source autonomous AI agent platform. It allows AI agents to perform tasks and make decisions...
Key Points: The Trump administration claims its decision to blacklist Anthropic is completely legal and justified. Defense Secretary Pete Hegseth...
Key Points: Nvidia CEO Jensen Huang predicts the company will surpass $1 trillion in total sales. The original $1 trillion...
Key Points: Okta CEO Todd McKinnon warns companies must adapt rapidly to AI or risk failure. "SaaS-pocalypse" refers to stock...
Key Points: Citigroup cut Bitcoin and Ethereum 12-month price forecasts. Slow US crypto legislation progress is the main reason for...
Key Points: Three plaintiffs from Tennessee filed a federal lawsuit against Elon Musk's xAI. The lawsuit claims the Grok image...
Key Points: Global chip wafer shortages will likely continue until at least 2030. Artificial intelligence requires massive amounts of high-bandwidth...
Key Points: The largest Samsung union plans an 18-day strike starting May 21 if its demands are not met. Workers...
key Points: Britannica and Merriam-Webster are suing OpenAI for using their content to train ChatGPT. They claim OpenAI copied nearly...
Key Points: Anthropic challenged the Trump administration's "supply-chain risk" label, risking government contracts. This challenge boosted Anthropic's recruitment, brand recognition,...
Key Points: Jensen Huang will deliver the GTC 2026 keynote, detailing Nvidia's upcoming products and strategies. Nvidia's recent deal with...
Key Points: The UK government spent £377 million to fund British Steel over 9 months. The daily cost to keep...
Key Points: Syrah Resources and Tesla extended their deadline to resolve a contract dispute until June 1. This marks the...
