Fund managers across Asia are pulling back from blind faith in artificial intelligence, choosing instead to back firms that can ride the AI wave without getting swept away by it. That was the clear message on Thursday at the Reuters…
Samsung just posted one of the best quarters in its history — and Wall Street shrugged. Nasdaq futures slid on Tuesday as chip stocks took a beating, proof that even record numbers can’t quiet doubts about how much further the…
New Delhi brought together tech’s biggest names this week. OpenAI CEO Sam Altman, Google’s Sundar Pichai, and a lineup of global executives arrived for what India is calling a watershed moment. The India AI Impact Summit started Monday. First time…
Ashley St. Clair, who shares one of Elon Musk’s children, filed a lawsuit Thursday in New York state court against the tech billionaire and his AI company xAI, claiming their chatbot Grok produced sexualized images of her without permission. The…
A coalition of women’s groups, tech watchdogs, and progressive activists is calling on Google and Apple to remove X and its related chatbot, Grok from their app stores. The push comes after the Elon Musk-owned apps began generating illegal content…
JPMorgan Chase delivered profit that exceeded analysts’ estimates for the fourth quarter ended December 31, driven by traders who cashed in on volatile markets, though the largest U.S. bank absorbed a $2.2 billion provision tied to its credit card partnership…
Companies are announcing layoffs linked to artificial intelligence every week now, and they’re calling it progress. They say AI tools bring efficiency gains, so downsizing makes sense. Computer science majors who used to walk into good jobs are struggling to…
Ethiopian Airlines broke ground Saturday on a $12.5 billion airport in Bishoftu. Officials call it Africa’s biggest airport. When it opens in 2030, the facility will dwarf anything else on the continent—and that’s exactly what Ethiopia needs right now. The…
TSMC soars past expectations with fourth-quarter revenue of T$1.046 trillion ($33.11 billion) posted Friday. That’s a 20.45% rise from the T$868.46 billion the world’s largest contract chipmaker made in the same period last year. Analysts didn’t see it coming at…
Sanofi will buy Dynavax Technologies for around $2.2 billion, the French drugmaker announced Wednesday. The deal hands Sanofi an approved hepatitis B vaccine in the U.S. and a promising experimental shingles shot that could shake up the market. It’s been…
Oil prices crept higher Tuesday. Not by much, but enough to keep traders guessing about where things go from here. Brent crude added 22 cents to reach $62.29 a barrel by early afternoon ET (1813 GMT). West Texas Intermediate climbed…
Norwegian biathlete Sivert Guttorm Bakken has died at 27. The International Biathlon Union confirmed this Tuesday. Bakken was found dead in his hotel room in Lavaze, Italian Alps. He was attending a training camp there. Local media reported the death…
Russian strike launched a deadly assault on Ukraine early Tuesday, firing drones and missiles at energy infrastructure across multiple regions. Two people were killed. Thousands lost power as temperatures dropped near freezing. Emergency power outages hit several areas after the…
Two senior Democratic lawmakers pressed the U.S. Commerce Department on Monday to reveal details about any approvals for selling Nvidia’s second-most powerful AI chips to Chinese firms. Senator Elizabeth Warren and Representative Gregory Meeks want answers fast—within 48 hours of…
Nvidia has told Chinese clients it aims to start shipping its second-most powerful AI chips to China before the Lunar New Year holiday in mid-February, three people familiar with the matter told media. The U.S. chipmaker plans to fulfil initial…
