Technology
Shares of AI infrastructure company Nebius Group rose sharply in premarket trading after investment fund Situational Awareness became the company’s largest shareholder, boosting investor confidence in the fast-growing artificial intelligence sector. The announcement attracted strong attention......
American news network CNN has filed a lawsuit against AI-powered search company Perplexity, accusing the firm of unlawfully distributing copyrighted journalistic content without authorization. The legal complaint marks another chapter in the growing conflict between media organizations and artificial......
Snowflake shares surged in premarket trading after the data analytics company raised its annual product revenue forecast and announced a major long-term partnership in artificial intelligence infrastructure. The company revealed a five-year agreement with Amazon Web Services (AWS) worth approximately......
Meta has officially introduced paid subscription services for its major social media platforms, including Instagram, Facebook, and WhatsApp. The announcement marks a significant step in the company’s strategy to diversify its revenue sources and reduce its heavy dependence on advertising. The......
A U.S. federal court has rejected a request by Chinese artificial intelligence company MiniMax to dismiss a copyright lawsuit filed by major American entertainment companies, including Disney, Comcast’s Universal, and Warner Bros. Discovery. The case concerns allegations that MiniMax used copyrighted......
The cloud storage company Dropbox has announced a major leadership change as co-founder and chief executive Andrew Houston prepares to step down after a transition period. The company confirmed that senior executive Ashraf Alkarmi will first serve as co-CEO before becoming the sole chief executive officer.......
Shares of Micron Technology surged sharply after financial analysts at UBS significantly increased their target price for the company’s stock. The upgrade reflects growing optimism surrounding the global artificial intelligence industry and the rising demand for advanced memory chips. The semiconductor......
Investment firm I Squared Capital has announced the acquisition of 10 data center facilities from Cogent Fiber in a deal valued at $225 million, reinforcing growing global investment in artificial intelligence infrastructure. The company stated that the facilities will serve as the foundation for a......
The European Union is preparing to impose a record fine on Google under the Digital Markets Act, escalating Brussels’ campaign to tighten oversight of major technology platforms. The penalty is expected to reach several hundred million euros and would become the largest sanction issued under the......
Nvidia’s chief executive has warned that separating the global artificial intelligence landscape into two rival systems, one led by the United States and the other by China, would be a strategic mistake. He argued that cooperation and competition between the two largest technology markets should......
Ethereum co founder Vitalik Buterin pushed back against growing criticism directed at the Ethereum Foundation on May 24, defending the organization’s commitment to neutrality, censorship resistance and long term protocol development rather than short term market support for the ETH token. His remarks......
Huawei Technologies announced a new semiconductor scaling law and chip architecture that it claims could achieve performance equivalent to a 1.4 nanometer process node by 2031, marking one of China’s most ambitious attempts to develop an independent advanced chip ecosystem despite continuing US......
SpaceX carried out the first test flight of its upgraded Starship V3 system from its Starbase site in Texas, marking a major milestone for the company’s next-generation launch program. The mission aimed to validate the performance of the most powerful rocket design the company has developed so......
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