Breaking News
Meta and Elections Generative AI Had Limited Impact on 2024 Votes
Meta reports generative AI had limited influence on Meta and elections in 2024, with misinformation efforts on Facebook and Instagram failing to gain traction.
Open-Source Technology Drives Jeff Bezos' Investment in Tenstorrent to Challenge Nvidia
Jeff Bezos invests in Tenstorrent to challenge Nvidia with affordable, open-source technology, reshaping the AI chip market.
Chinese Chip Firms Confident They Can Overcome US Export Curbs with Localisation Efforts
Chinese chip firms, including Naura Technology and ACM Research, are confident in overcoming new US export restrictions. By speeding up supply chain localisation and leveraging stockpiled equipment, they aim to maintain production.
Powerful AI Infrastructure Boost as Nvidia Joins $700 Million Investment in Nebius Group
Nvidia joins investors in Nebius Group’s $700 million funding round to advance AI infrastructure, including GPU clusters and cloud platforms for AI developers.
Explosive Growth of Humanoid Robots: A $7 Trillion Opportunity Led by Tesla and Elon Musk
Explore the $7 trillion growth opportunity in humanoid robots led by Tesla and Elon Musk. Learn how this groundbreaking technology is transforming industries by 2050.
Ad Tech Lawsuit Canada Files Antitrust Case Against Google to Break Up Dominant Tools
Canada’s antitrust regulator has filed a lawsuit against Google for abusing its dominance in the ad tech market. The case seeks a breakup of Google’s advertising tools.
Cox Communications Faces Critical US Supreme Court Review in Copyright Case
The US Supreme Court has asked the Justice Department for input on the copyright dispute between Cox Communications and music labels, including Sony Music, Universal Music, and Warner Music. The case follows a $1 billion jury verdict against Cox Communications for failing to address piracy by users of its internet service.
Apple CEO Tim Cook Joins Exclusive CEO Summit with Chinese Premier to Tackle Trade Issues
Apple CEO Tim Cook attended a significant CEO summit in Beijing on Monday, where he joined over 20 global business leaders for a high-level discussion with Chinese Premier Li Qiang. The summit came at a crucial time when international companies are grappling with potential trade disruptions and growing economic uncertainty. This marks a pivotal meeting where Apple’s leadership, under Tim Cook, highlights the vital role of global trade partnerships, particularly with China, in the company’s strategy for growth and sustainability.
Justice Department Seeks Google Chrome Sale to Curb Monopoly
The Justice Department pushes for a Google Chrome sale to curb Alphabet Inc.’s monopoly, aiming to restore competition in the tech industry.
Exclusive Huawei Aims to Mass-Produce New Huawei AI Chip in Early 2025 Despite US Restrictions
Huawei plans to mass-produce its latest Huawei AI chip, Ascend 910C, in early 2025, despite ongoing U.S. restrictions affecting its chip production capabilities.
Global Markets Plunge Amid Nvidia Forecast and Rising Geopolitical Risks
Global markets saw a downturn as Nvidia’s forecast disappointed and geopolitical tensions in Ukraine escalated, impacting investor confidence.
Apple Investment Sparks Bold $100 Million Plant Proposal in Indonesia
Apple proposes a $100 million investment for a manufacturing plant in Indonesia to comply with local regulations following the iPhone 16 sales ban.
AI Server Demand Drives Nvidia Partner Hon Hai to Secure $1.1 Billion Loan
Taiwan’s Hon Hai Precision Industry, Nvidia's key partner, secures a $1.1 billion loan to support the booming demand for AI servers. This loan aims to fuel Hon Hai’s growth as the company focuses on AI and cloud products.
Trump May Attend SpaceX Launch in Texas Strengthening Ties with Elon Musk
President-elect Donald Trump might attend the upcoming SpaceX launch in Texas, showcasing his growing relationship with SpaceX and Elon Musk.
Samsung Shares Surge After $7 Billion Buyback Announcement
Samsung shares jumped after a $7 billion buyback announcement to stabilize stock value and address challenges in the AI market.
US Semiconductor Production Boosted by TSMC’s $6.6 Billion Subsidy
The US Commerce Department has finalized a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co. (TSMC) to enhance US semiconductor production. This major investment aims to bolster domestic chip manufacturing capabilities and bring cutting-edge semiconductor technology to the United States. The deal aligns with the Chips and Science Act, ensuring the growth of US semiconductor production and strengthening national security.
Samsung Stock Explodes to Four-Year High, Boosting Investor Confidence
Samsung stock surges 8.6% Friday, reaching a four-year high after months of losses. Investors eye valuation appeal amid trade risks and AI concerns.
AI-Driven Semiconductor Demand Drives ASML's Confident 2030 Sales Forecast
ASML reaffirms its 2030 sales forecast ranging from €44 billion to €60 billion, betting on AI-driven semiconductor demand despite recent market challenges.
NUBURU Funding of $65 Million to Support Long-Term Growth and Innovation
NUBURU Funding has led to a $65 million package, including a $15 million PIPE investment and a $50 million ELOC, designed to drive long-term growth and support NUBURU’s blue laser technology and intellectual property expansion.
NUBURU Industrial Laser Market Growth Driven by Strategic Partnerships
NUBURU industrial laser market position grows with partnerships like NASA and GE Additive, expanding blue laser applications in aerospace and manufacturing.
business trends now© 2024 All Rights Reserved