Keywords: AI
Microsoft ended the first quarter of 2026 with its stock down roughly 25%, marking its steepest quarterly decline since the fourth quarter of 2008, when shares fell 27% during the global financial crisis. Although the stock rebounded on Tuesday, the final trading day of the quarter, the recovery did......
Starcloud, a startup developing orbital computing infrastructure, has raised $170 million, bringing its valuation to $1.1 billion as interest in space-based AI systems accelerates. The funding round, led by Benchmark and EQT Ventures, highlights growing investor demand for off-planet data solutions to......
Google, a subsidiary of Alphabet, unveiled TurboQuant on Tuesday, March 24, an algorithm that compresses key‑value cache memory in large language models by a factor of six—and within hours memory and storage stocks were tumbling worldwide. The announcement reignited fears that advances in AI......
An increasing number of technology executives are using artificial intelligence as a justification for sweeping job cuts, even as their companies report record revenues. In recent weeks, leaders at Google, Amazon, Meta, Pinterest, and Atlassian have announced or signaled workforce reductions, framing......
A talking banana named Bananito became the unlikely star of social media's latest viral obsession. "Fruit Love Island," a micro-drama series entirely generated by AI featuring anthropomorphic fruit characters caught in soap opera-style love triangles, amassed around 300 million views and......
The first quarter of 2026 has proven punishing for the technology sector as investors revolt against the scale of artificial intelligence infrastructure spending. Alphabet, Microsoft, Meta, Amazon and Oracle have all seen their shares fall sharply, with the collective capital expenditure plans of the......
Sony Japan announced Friday it is temporarily suspending orders for nearly its entire lineup of SD and CFexpress memory cards, citing a worldwide semiconductor memory shortage that has been pressuring consumer electronics for months. The move makes Sony the first major photography industry company to......
Micron Technology shares plunged more than 20% over six straight sessions, entering bear market territory. Investors fear Google's new AI memory compression algorithm could weaken demand for chips fueling the artificial intelligence surge. The stock fell 7% Thursday to close at $355.46, down 23%......
Cybersecurity stocks plunged Friday following a data leak that exposed Anthropic's testing of its most powerful AI model to date, Claude Mythos, which the company warns poses unprecedented cybersecurity risks. CrowdStrike fell 7 percent, Palo Alto Networks dropped 6 percent, Zscaler slid 4.5 percent,......
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