Keywords: AI
OpenAI and Anthropic launched competing promotions for their artificial intelligence coding platforms on May 13, intensifying the battle for enterprise developers as demand for agentic software engineering tools accelerates across the technology sector. OpenAI moved first by offering eligible enterprise......
The U.S. semiconductor company Cerebras Systems is preparing for its stock market debut on the Nasdaq, as investor enthusiasm for artificial intelligence continues to drive strong demand for technology-related shares. The company’s initial public offering (IPO) is among the largest of the year,......
Apple’s supply chain stocks rallied after the company reportedly increased its iPhone production targets for the first three quarters of fiscal year 2026 to 163 million units, reflecting growing confidence in demand for the iPhone 17 lineup and renewed momentum across the premium smartphone market. The......
Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......
Alibaba reported fourth-quarter revenue of 243.38 billion yuan for fiscal year 2026, marking a 3 percent year-on-year increase but falling short of market expectations of around 246.5 billion yuan. The result highlights continued pressure from heavy investment in artificial intelligence infrastructure......
Panasonic Holdings announced a three year investment program worth 500 billion yen aimed at accelerating its expansion into artificial intelligence infrastructure, even as the Japanese conglomerate reported a sharp decline in annual earnings driven by restructuring costs and weaker electric vehicle demand.......
Sam Altman testified Tuesday in federal court in Oakland, California, rejecting accusations from Elon Musk that he abandoned OpenAI’s original nonprofit mission. Altman told jurors that Musk himself pushed for long term control over the artificial intelligence company and supported turning the......
Investors are urging Donald Trump and Xi Jinping to avoid escalating technology and trade tensions during this week’s summit in Beijing, as global markets continue to rally around artificial intelligence. The two leaders are expected to meet on May 14 and 15 in what marks Trump’s first official......
Employees at Amazon have reportedly used internal artificial intelligence tools to automate unnecessary tasks in order to artificially increase their token consumption metrics, reflecting a broader Silicon Valley trend known as “tokenmaxxing.” The practice has emerged as companies intensify......
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