Technology
Nvidia Stock Drops 3% Amid Antitrust Probe in China
Nvidia (NVDA), the global leader in graphics processing units (GPUs) and artificial intelligence (AI) hardware, witnessed its stock dip nearly 3% during mid-day trading on Monday. The decline follows an announcement by China's State Administration for Market …
BigBear.ai Stock Is Skyrocketing—Is It the Next Palantir?
BigBear.ai (NYSE: BBAI) has captured the spotlight in the stock market, with its shares skyrocketing amid heightened meme stock momentum. On Thursday, the stock surged by as much as 22.6% during the trading session, marking another extraordinary day for the …
SoundHound AI Surges to a New 1-Year High: Here’s Why
SoundHound AI (NASDAQ:SOUN) has taken a significant leap, hitting a new 52-week high, which signals a growing wave of investor interest and confidence. On Thursday, the stock reached an impressive $10.72, marking its highest point in a year. This surge comes …
Nuclear Energy Meets AI: Meta’s 4 GW Ambition
Meta, the parent company of Facebook, Instagram, and WhatsApp, is taking a significant leap forward in its energy strategy. The tech giant has announced plans to secure up to 4 gigawatts (GW) of nuclear capacity in the United States by the early 2030s. This …
140 Chinese Firms Blacklisted: What It Means for Global Tech
The U.S. Commerce Department has intensified its efforts to curb China's access to advanced technologies. On December 2, 2024, it announced a sweeping expansion of its "entity list," targeting 140 Chinese technology companies. This move is a direct strike at …
Intel CEO Pat Gelsinger Forced Out Amid Struggles to Close the AI Gap.
Intel's CEO Pat Gelsinger has been ousted following increasing dissatisfaction among board members regarding the company’s progress in regaining market dominance and narrowing the technological gap with competitors like Nvidia Corp. The announcement marks a …
Jeff Bezos, Samsung, and LG Invest in AI Chipmaker Tenstorrent
Artificial intelligence is reshaping industries, and the chips that power AI are at the heart of this transformation. In a bold move signaling the intensifying competition in AI hardware, Jeff Bezos has joined forces with Samsung and LG in a $700 million …
Nokia’s CEO Envisions a 5G Revolution in Military Communications
Nokia CEO Pekka Lundmark is not just navigating the Finnish telecom giant through its challenges but redefining its role in a volatile, tech-driven world. After losing a significant $14 billion contract with AT&T to rival Ericsson, Nokia is turning adversity …
A Greener Coffee Future: NEXE and EKOCUPS Lead the Way
NEXE Innovations Inc. (TSX.V: NEXE, Frankfurt: NX5, OTC: NEXNF), a trailblazer in sustainable materials, has taken a decisive step forward by announcing its partnership with EKOCUPS, a prominent online retailer and Amazon seller in the U.S. coffee market. This …
Zoom’s Next Chapter: AI Takes Center Stage
Zoom Communications has rebranded itself for a new era. The company, once a pandemic darling synonymous with video conferencing, has dropped “Video” from its name and is now positioning itself as an AI-first work platform for human connection. The move signals …