AI investment

deepseek’s-rise-challenges-u.s.-ai-dominance

Tech

7 months ago

DeepSeek’s Rise Challenges U.S. AI Dominance

The emergence of Chinese AI app DeepSeek has sent shockwaves through financial markets and the global tech industry. Even U.S. President Donald Trump weighed in, calling it “a wake-up call” for American

meta-surges-on-ai-spending,-but-analysts-eye-valuation

Tech

3 months ago

Meta Surges on AI Spending, But Analysts Eye Valuation

Meta Platforms Inc. continues its aggressive push into artificial intelligence, drawing investor support despite the growing size of its AI-related spending. The stock has soared nearly 45% from its April lows, buoyed

microsoft-cuts-9,000-jobs,-trims-xbox-and-sales-teams

Business

2 months ago

Microsoft Cuts 9,000 Jobs, Trims Xbox and Sales Teams

Layoffs target gaming and global divisions as AI investments climb Microsoft is laying off approximately 9,000 employees, marking its largest round of job cuts in over two years. The move, which affects

Amazon Stock Falls Despite Strong Q2 Earnings

AI investments soar, but cloud growth lags rivals Amazon posted solid second-quarter results that exceeded Wall Street expectations on revenue and profit, but its stock dropped 7% on Friday after a weaker-than-expected

1 month ago

Investing

SoftBank’s $40B OpenAI Bet Breaks Startup Records

Massive investment eclipses all previous private funding rounds SoftBank has committed up to $40 billion in financing to OpenAI, marking the largest startup investment in history. The figure dwarfs all previous venture

5 months ago

Business

SoftBank to Acquire Ampere Computing for $6.5 Billion

Deal Expands AI and Semiconductor Investments SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a semiconductor startup specializing in Arm-based server chips, for $6.5 billion. The Japanese conglomerate expects

6 months ago

Business

US Stocks Mixed as Tech Slips Ahead of Nvidia Earnings

US stocks were mixed on Monday as tech stocks faltered, with investors weighing the prospects for AI ahead of Nvidia’s (NVDA) earnings report later this week. The Dow Jones Industrial Average (^DJI)

7 months ago

Markets

Alibaba’s Revenue Soars Amid AI Investment Boom

Chinese e-commerce giant Alibaba Group Holding posted its fastest revenue growth in over a year, surpassing analyst expectations as it capitalizes on China’s artificial intelligence boom. Strong Financial Performance For the quarter

7 months ago

Investing

China’s AI Breakthrough Fuels Hong Kong Stock Surge

China’s recent advancements in artificial intelligence and improved relations with tech giants have driven a major rally in Hong Kong stocks and internet companies. However, analysts warn that investor enthusiasm remains volatile,

7 months ago

Markets

European Stocks Rally Despite Trump’s Tariff Escalation

European Markets Defy Tariff Fears Despite mounting concerns over a potential US-EU trade war, European stocks continue to surge, with both the Euro Stoxx 600 and Germany’s DAX hitting record highs. While

7 months ago

Markets

GM Stock Falls as Tariff Concerns Cloud Strong Outlook

General Motors (GM) saw its stock drop 8% today despite issuing higher-than-expected profit guidance for 2025. The decline comes as investors react to the automaker’s acknowledgment that its outlook excludes the potential

7 months ago

Investing

Big Tech Races to Lead AI With Massive Investments

Big-Tech’s-AI-Spending-Surges-as-Firms-Race-for-Market-Dominance Big Tech companies are making massive investments in artificial intelligence (AI), with Meta (META) planning to spend up to $65 billion on AI infrastructure in 2025. As the competition heats up,

7 months ago

Investing

Amazon Doubles Down on Anthropic with $4 Billion AI Investment

Amazon has announced a significant new investment of $4 billion in Anthropic, a leading artificial intelligence (AI) startup founded by former OpenAI executives. This move cements Amazon’s role in the rapidly evolving

10 months ago

Business

AI investment

DeepSeek’s Rise Challenges U.S. AI Dominance

Meta Surges on AI Spending, But Analysts Eye Valuation

SoftBank’s $40B OpenAI Bet Breaks Startup Records

US Stocks Mixed as Tech Slips Ahead of Nvidia Earnings

China’s AI Breakthrough Fuels Hong Kong Stock Surge

European Stocks Rally Despite Trump’s Tariff Escalation

GM Stock Falls as Tariff Concerns Cloud Strong Outlook

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