Latest news
Ambarella stock rips 20% higher after earnings as AI demand boosts guidance
Ambarella CEO Fermi Wang singled out strength in "portable video, robotic aerial drones and edge infrastructure."
Alibaba is developing a new AI chip — here's what we know so far
Chinese technology firms have focused on developing homegrown chips over the last few years amid rising geopolitical tensions between the U.S. and China.
Alibaba shares jump 10% as AI drives cloud unit acceleration
Alibaba posted a a revenue miss in the June quarter even as it showed an acceleration at its cloud computing unit.
India's Reliance ties up with Google and Meta to drive AI push
Indian conglomerate Reliance Industries announced new partnerships with Google and Meta to accelerate the company's push into artificial intelligence.
The Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong Kong
Eric Trump appeared as a speaker at a crypto conference in Hong Kong, marking the first of a series of Asian crypto events that will feature the Trump family.
Affirm's stock soars 15% on earnings, revenue beat
Affirm's earnings per share of 20 cents for the quarter was almost double what Wall Street expected.
Tesla FSD turns off more U.S. consumers than its attracts, survey finds
Despite Elon Musk's exhaustive promotion of Tesla's FSD technology, U.S. consumers don't seem to want it.
Nvidia's top two mystery customers made up 39% of the chipmaker's Q2 revenue
Nvidia's top two customers making up 39% of its total revenue is renewing concern about the risk of the chipmakers clientele concentration.
Intel gets $5.7 billion from Trump deal as White House says details are 'being ironed out'
White House press secretary Karoline Leavitt said the Intel deal is still "being ironed out by the Department of Commerce."
Nvidia earnings takeaways: A 'full steam' AI spend, but China uncertainty remains
CEO Jensen Huang said the company was in talks with the Trump administration about China chip sales.
AI adoption linked to 13% decline in jobs for young U.S. workers, Stanford study reveals
A Standford study has found evidence that the widespread adoption of generative AI is impacting the job prospects of early career workers.
Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.
Microsoft fires two employees over breaking into its president’s office
The protesters, affiliated with the group No Azure for Apartheid, gained entry into Smith's office and had demanded that Microsoft end its direct and indirect support to Israel.
Nvidia CEO Huang says bringing Blackwell AI chip to China 'is a real possibility'
Huang predicted the artificial intelligence market in the world's second-biggest economy will grow 50% next year.
Founder of IRL social media app charged with defrauding investors
Abraham Shafi, the founder and CEO of Get Together, parent company of the social media app IRL, faces charges of wire fraud, securities fraud and obstruction.
YouTube-Fox standoff has high stakes as college football, NFL seasons kick off
Google's YouTube and Fox are in a standoff over a new distribution deal, and the clock is ticking with football season starting.
Google has eliminated 35% of managers overseeing small teams in past year, exec says
In Google's continuing effort to run more efficiently, the company has been getting rid of managers who oversee fewer than three people.
Nvidia reports second-quarter earnings after the bell
There are two big questions about the future of Nvidia's data center business that analysts are looking at.
Saudi AI firm Humain is pouring billions into data. Will it pay off?
Saudi AI 'champion' Humain, owned by the kingdom's massive Public Investment Fund, has partnerships with Nvidia, AMD and Groq.
Gusto agrees to buy retirement plan provider Guideline
Gusto, which offers payroll and human resources software, has agreed to acquire Guideline, a startup that provides 401(k) plans to small businesses.
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