Keywords: Ai
Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven......
Taiwan Semiconductor Manufacturing Company (TSMC) is set to significantly expand its 2-nanometer chip manufacturing capacity by constructing three additional fabs in Taiwan’s Southern Science Park. This ambitious expansion will increase TSMC’s total 2nm fab count in Taiwan from seven to ten,......
The European Commission unveiled a new whistleblower platform on Monday under the Artificial Intelligence (AI) Act, designed to allow secure reporting of potential legal violations in AI development and deployment. The initiative aims to enhance transparency and safety in AI systems across......
Nvidia has directly confronted mounting fears of an AI bubble and questions about its financial health by distributing a detailed seven-page letter to major global shareholders. The letter, personally overseen by CEO Jensen Huang, comes in the wake of a week-long decline in Nvidia’s......
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, is intensifying its production to meet soaring demand for artificial intelligence (AI) chips. Operating around the clock, TSMC is rapidly scaling its advanced technology offerings, including the 2-nanometer (nm) process......
World equity markets surged at the start of the week as investors welcomed signals from the Federal Reserve that another interest rate cut could arrive as soon as December. Stocks in Asia-Pacific bounced back strongly on Monday after a volatile period, with South Korea’s Kospi advancing 1.13 percent......
Rapid progress in artificial intelligence and robotics is reshaping global debates about the future of work, with fears of job displacement rising across multiple sectors. While machines are increasingly able to handle repetitive and mechanical tasks—from industrial processes to everyday household......
Alphabet has surged past Microsoft to claim the position of the world’s third-largest company by market capitalization, reaching approximately $3.58 trillion compared to Microsoft’s $3.52 trillion. This milestone marks a significant shift in the tech landscape as Alphabet’s shares have......
Nvidia CEO Jensen Huang expressed frustration over the lukewarm market reaction to the company’s record-breaking third-quarter earnings, which reported $57 billion in revenue, up 62% from the previous year. Despite surpassing Wall Street expectations, including a forecasted $65 billion......
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