Montage Technology Co. reported a record first-quarter profit of 847.4 million yuan ($124 million), up 61% from the previous year and surpassing analyst estimates of 706.3 million yuan. This growth…
Google has reportedly signed a deal with the US Department of Defense to provide AI models for classified work, following similar agreements made by OpenAI and xAI. This partnership will…
Helios, located in West Texas, has transformed from a bitcoin mining site into an operational AI data center, with its first data hall now delivered to CoreWeave. This move is…
Nvidia’s venture arm, NVentures, has invested in the Swedish AI legal tech startup Legora, boosting its funding to a total of $600 million at a valuation of $5.6 billion. This…
OpenAI recently fell short of its targets for new users and revenue, having aimed for 1 billion weekly active users by the end of 2025. Concerns within the company have…
In the ongoing lawsuit Musk v. Altman, Elon Musk is facing cross-examination regarding his timeline and motives against OpenAI, a case that poses significant risks for the company. As OpenAI…
Huawei’s sales of AI chips have experienced a significant surge as Nvidia faces a complete halt in shipments to China due to a customs ban on its H200 AI chips.…
In the latest earnings reports from major tech companies, Google, Meta, and Microsoft all indicated a significant increase in AI-related capital spending for 2026. Google Cloud achieved its strongest quarter…
Samsung Electronics Co.’s semiconductor division reported a remarkable 48-fold increase in profit during the March quarter, driven by substantial orders from AI data centers, resulting in an operating income of…
LlamaIndex CEO Jerry Liu announced a significant shift in his company’s direction, declaring that traditional frameworks are becoming obsolete and pivoting the organization to focus on the importance of context…
