Technology
Oracle has reduced its global workforce by approximately 21,000 employees over the past fiscal year as part of a major restructuring driven by artificial intelligence adoption and the expansion of cloud infrastructure operations. According to the company’s annual report, the U.S.-based software......
In the United States, an ongoing policy debate is emerging over how to ensure that the economic benefits generated by artificial intelligence are more broadly shared among citizens, amid growing concerns that wealth from the sector is becoming concentrated in the hands of a small number of major technology......
A recent academic study has raised concerns about the security of artificial intelligence applications available on Apple's App Store, warning that hundreds of AI-powered iOS apps may expose sensitive user information. Researchers from Wake Forest University examined 444 iOS applications that incorporate......
Energy giant Chevron and technology leader Microsoft have entered into a long-term agreement aimed at powering large-scale artificial intelligence data infrastructure using electricity generated from natural gas, highlighting the growing energy demands of the digital economy. Under the agreement, Chevron......
The rapid adoption of artificial intelligence across industries is beginning to reshape the US labor market, but fears of widespread job destruction and declining wages have not materialized on a broad scale, according to a new study published by the European Central Bank. The research suggests that......
A group of early investors in artificial intelligence startup Manus is reportedly exploring a plan to repurchase the company from Meta in a transaction valued at approximately $2 billion. The development highlights the intense competition and strategic maneuvering currently shaping the global AI industry. According......
U.S.-based startup Architect Labs has secured $24 million in seed funding as it seeks to transform the way custom semiconductors are designed using artificial intelligence. The company aims to simplify and accelerate chip development, positioning itself in a market currently dominated by established......
Waymo, the autonomous driving company owned by Alphabet, has announced a recall of 3,871 robotaxis in the United States following the identification of a software issue that could cause vehicles to enter closed highway construction zones. According to the U.S. National Highway Traffic Safety Administration......
A US federal judge has ruled that admissions made by Huawei’s Chief Financial Officer Meng Wanzhou can be used as evidence in the company’s upcoming criminal trial, marking a significant development in a long-running legal dispute involving the Chinese technology giant. The ruling, issued......
The rapid growth of artificial intelligence and cloud computing is driving an unprecedented surge in energy demand, leading to the fast-tracking of new power plants across the United States. Many of these facilities are being built specifically to supply large data centers, often with limited public......
SpaceX shares continued their upward momentum in pre-market trading on Monday, extending gains following a historic stock market debut that placed the company among the most valuable corporations in the world. The aerospace and technology company saw its valuation surpass $2 trillion after its initial......
Elon Musk has expressed confidence in the future growth of SpaceX, stating that the aerospace company could generate more than $1 trillion in annual revenue by the beginning of the next decade. The prediction comes shortly after the company’s highly anticipated stock market debut, which valued......
The suspension of two advanced artificial intelligence models developed by Anthropic has sparked a nationwide debate in the United States over how governments should regulate rapidly evolving AI technologies. The controversy began when the U.S. Department of Commerce ordered the San Francisco-based......
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