Nvidia’s Jensen Huang Says Markets ‘Got It Wrong’ on AI Threat to Software Companies
Nvidia CEO Jensen Huang believes investors have misunderstood the impact of artificial intelligence on the software industry. “I think the
Xiaomi Launches 17 and 17 Ultra as Memory Chip Prices Surge
Chinese tech giant Xiaomi has unveiled its latest flagship smartphones, the Xiaomi 17 and Xiaomi 17 Ultra, as it intensifies
Anthropic Draws a Line: CEO Refuses to Let Pentagon Use AI for “All Lawful” Military Purposes
The artificial intelligence arms race just hit a moral speed bump. On Thursday, Dario Amodei, CEO of Anthropic, said the
Salesforce Shares Fall on Mixed Guidance Despite $50 Billion Buyback Plan
Shares of cloud software giant Salesforce declined after the company delivered mixed forward guidance, even as it committed to a
Anthropic Warns of ‘Industrial-Scale’ AI Distillation by Chinese Firms
U.S.-based artificial intelligence company Anthropic has accused three Chinese AI firms of carrying out coordinated “distillation attack” campaigns aimed at
Wayve Reaches $8.6 Billion Valuation in $1.2 Billion Series D Round
Autonomous driving company Wayve has reached an $8.6 billion valuation after raising $1.2 billion in a Series D funding round.
IBM Shares Tumble 13% as Anthropic’s AI Targets COBOL Modernization
IBM became the latest major tech company to feel the heat from accelerating AI innovation, with its shares plunging nearly
Cybersecurity Stocks Fall for Second Day as AI Disruption Fears Grow
Cybersecurity stocks extended their losses for a second straight session as investor anxiety mounted over the disruptive potential of new
Chaos, Confusion and $200 Billion Dreams: What I Saw at India’s AI Summit
India set out to showcase its ambition of becoming a global artificial intelligence powerhouse this week. Instead, what unfolded at
OpenAI Slashes Infrastructure Ambitions, Targets $280B Revenue by 2030
OpenAI has significantly reset investor expectations around its long-term infrastructure spending. After previously highlighting infrastructure commitments totaling as much as