Keywords: AI
Microsoft's market capitalization plunged by $357 billion on Thursday, securing the second-largest one-day loss in stock market history. Investors punished the tech giant over slowing cloud growth and rising doubts about the returns from its massive artificial intelligence investments. The stock......
Tesla has reported its first annual revenue decline, marking a pivotal shift toward artificial intelligence and robotics as the electric vehicle pioneer navigates intensifying market pressures. The company disclosed a 3% drop in total revenues for 2025, with profits plunging 61% in the final quarter.......
Amazon has announced plans to lay off 16,000 employees, marking its second major round of workforce reductions within three months. The move aims to streamline operations and boost agility as the company vies for dominance in the rapidly evolving artificial intelligence landscape. In a recent company......
China has announced bold initiatives to launch space tourism and gigawatt-scale orbital data centers for artificial intelligence within the next five years, escalating its rivalry with the United States in what both view as the next arena for commercial and strategic supremacy. State media reported that......
South Korea has officially enacted the world’s first comprehensive law regulating artificial intelligence (AI) safety, the government announced Thursday. The new legislation, known as the Basic Act on the Development of Artificial Intelligence and the Establishment of a Foundation for Trustworthiness,......
At the World Economic Forum’s annual meeting in Davos, starkly different visions for the future of artificial intelligence collided, as former Google chief executive Eric Schmidt cautioned that Europe risks becoming dependent on Chinese AI systems unless it rapidly scales up investment in its own......
Micron Technology has issued a stark warning that a global memory chip shortage has reached unprecedented levels and will persist beyond 2026. Surging demand for AI infrastructure is overwhelming production capacity, sidelining consumer electronics in the process. Manish Bhatia, Micron's executive......
Elon Musk's xAI faces intense worldwide scrutiny as its AI chatbot Grok triggers investigations, bans, and lawsuits across multiple countries for producing non-consensual sexualized images of women and children. This crisis prompted Musk to admit Grok requires a "moral constitution," coming......
The International Monetary Fund has upgraded its global growth projection for 2026 to 3.3 percent, crediting a surge in artificial intelligence investments and easing trade tensions for bolstering an economy showing unexpected resilience amid lingering political uncertainties. This marks a 0.2 percentage......
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