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China surpasses the U.S. in global open-source AI model downloads

The global landscape for open-source artificial intelligence (AI) models is undergoing a significant transformation as Chinese-developed AI models have outpaced their American counterparts in total downloads for the first time. According to a study conducted by the Massachusetts Institute of Technology......

AMD stock falls sharply amid competition fears and rising costs despite strong earnings

Advanced Micro Devices (AMD) shares plunged nearly 23% in November, marking the worst monthly decline since 2022. This sharp selloff occurred despite the chipmaker reporting record third-quarter revenue of $9.25 billion, up 36% year-over-year, and issuing optimistic guidance for the fourth quarter. The......

Black Forest Labs unveils FLUX.2, an advanced AI image generation model

Black Forest Labs unveiled FLUX.2, a new family of advanced AI image generation models designed for professional and creative production workflows. Optimized for consumer-grade NVIDIA RTX graphics cards through FP8 quantization, FLUX.2 achieves a 40% reduction in video memory requirements and a 40% increase......

Dell Pro Max 18 Plus: A mobile powerhouse for demanding professionals

The Dell Pro Max 18 Plus establishes itself as a formidable mobile workstation designed for 3D creators, engineers, and professionals who require extreme computing power on the go. Featuring an expansive 18-inch QHD+ IPS display with 500 nits brightness and nearly complete DCI-P3 color coverage, it offers......

Alibaba cloud and AI fuel revenue growth despite profit decline

Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven......

TSMC to boost Taiwan’s semiconductor leadership with three new 2-nanometer fabs

Taiwan Semiconductor Manufacturing Company (TSMC) is set to significantly expand its 2-nanometer chip manufacturing capacity by constructing three additional fabs in Taiwan’s Southern Science Park. This ambitious expansion will increase TSMC’s total 2nm fab count in Taiwan from seven to ten,......

TSMC accelerates production and expands capacity to meet unprecedented AI chip demand

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, is intensifying its production to meet soaring demand for artificial intelligence (AI) chips. Operating around the clock, TSMC is rapidly scaling its advanced technology offerings, including the 2-nanometer (nm) process......

Tejas fighter jet crash at Dubai Airshow clouds India’s export ambitions

The crash of India’s homegrown HAL Tejas fighter jet during the Dubai Airshow has dealt a significant blow to the country’s hopes of promoting the aircraft on the global stage. The incident, which occurred during an aerial demonstration in front of international arms buyers, marks a setback......

Alphabet overtakes Microsoft to become world’s third-largest company driven by cloud and AI growth

Alphabet has surged past Microsoft to claim the position of the world’s third-largest company by market capitalization, reaching approximately $3.58 trillion compared to Microsoft’s $3.52 trillion. This milestone marks a significant shift in the tech landscape as Alphabet’s shares have......

Nvidia's remarkable quarter challenged by investor skepticism amid AI bubble fears

Nvidia  CEO Jensen Huang expressed frustration over the lukewarm market reaction to the company’s record-breaking third-quarter earnings, which reported $57 billion in revenue, up 62% from the previous year. Despite surpassing Wall Street expectations, including a forecasted $65 billion......

Cloud mining thrives as Bitcoin plunges: PEPPER Mining sets new benchmarks

As Bitcoin's price dives below the $90,000 mark, panic sweeps the trading market with sharp surges in selling pressure and liquidations. However, the mining sector defies the trend, exhibiting resilience and quiet growth. PEPPER Mining, a leading global cloud mining platform, stands out as a key......

Elon Musk's xAI secures $15 billion, targets rapid AI infrastructure expansion

Elon Musk’s artificial intelligence company, xAI, is on the verge of securing $15 billion in new equity financing, valuing the firm at approximately $230 billion. This move would more than double its valuation since March, when it stood at $113 billion following its merger with Musk’s social......

Meta wins court battle and won’t be forced to sell Instagram or WhatsApp

Meta achieved a major legal victory on Tuesday after a U.S. federal judge ruled that the company does not hold an unlawful monopoly in the social media sector, rejecting the Federal Trade Commission’s attempt to force the tech giant to divest Instagram and WhatsApp, acquired in 2012 and 2014. The......

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