artificial general intelligence

In a bid to expedite the launch of new products and features, Meta Platforms Inc. (NASDAQ:META) is reportedly reorganizing its AI teams. What Happened: The restructuring, announced in an internal memo by Chief Product Officer Chris Cox on Tuesday, will see the division split into two...

Meta Platforms Inc. (NASDAQ:META) has projected that its generative AI products could potentially rake in revenue ranging from $460 billion to $1.4 trillion by the year 2035. This information was gleaned from court documents that were recently unsealed. What Happened: These projections were found...

The ongoing dispute in Louisiana over who should bear the cost of new power plants required for Meta Platforms Inc. (NASDAQ:META) $10 billion data center is heating up. What Happened: The Louisiana Public Service Commission received new testimony on April 11 from consumer advocates and...

Former Google chief executive Eric Schmidt sketched an aggressive road map for artificial intelligence progress, warning that machines will match — and soon eclipse — elite human talent across most creative and technical fields. What Happened: Speaking at the AI + Biotechnology...

Meta Platforms Inc. (NASDAQ:META) has reportedly been discovered to be profiting from its Llama AI models through revenue-sharing agreements with host businesses. What Happened: An unredacted court filing submitted by attorneys for the plaintiffs in the copyright lawsuit Kadrey v. Meta reveals that...

Nvidia’s (NASDAQ:NVDA) CEO, Jensen Huang, has projected the widespread deployment of humanoid robots in manufacturing units in the next five years. This prediction was made public during a keynote speech at Nvidia’s annual developer conference in San Jose, California on...

In a move to tap into the growing artificial intelligence (AI) industry in the U.K., Oracle Corp. (NYSE:ORCL) has pledged to invest $5 billion in the country over the next five years. What Happened: On Monday, Oracle announced that the investment aims to expand the Oracle...

As the need for power in AI data centers escalates, Microsoft Corporation (NASDAQ:MSFT) is considering the possibility of utilizing natural gas. What Happened: Microsoft’s Vice President of Energy, Bobby Hollis, told CNBC that the tech giant is considering the use of natural gas...

Shares of Broadcom Inc. (NASDAQ:AVGO) climbed 12.7% during the pre-market trading session on Friday following the company’s first quarter earnings and revenue beat. What Happened: Broadcom, a leading semiconductor company, reported first quarter revenue of $14.92 billion, surpassing the...

The U.S. Department of Labor has reportedly launched a probe into Scale AI, a startup backed by Nvidia (NASDAQ:NVDA), Amazon (NASDAQ:AMZN), and Meta Platforms Inc. (NASDAQ:META), to assess its compliance with the Fair Labor Standards Act. What Happened: The investigation into Scale AI’s...

Super Micro Computer Inc. (NASDAQ:SMCI) rose 3.45% during the pre-market trading on Wednesday, a day after it became the top gainer on the S&P 500. What Happened: Last week, Super Micro submitted its delayed financial statements to the U.S. Securities and Exchange Commission (SEC). This move...

AI Detection firm, Copyleaks has found that the text generated by DeepSeek-R1 and OpenAI’s ChatGPT has “Stylistic overlaps” in 74.2% of instances. What Happened: A study conducted by Copyleaks showed that Chinese start-up firm, DeepSeek-R1’s text generation closely mirrored...

Microsoft Corporation (NASDAQ:MSFT) has cautioned the Trump administration that the Biden-era “AI Diffusion Rule,” might inadvertently strengthen China’s rapidly expanding AI sector. What Happened: In a company blog, Brad Smith, the Vice Chair & President of Microsoft...

Shares of Alibaba Group Holding Ltd. (NYSE: BABA) climbed 4.2% during the pre-market trading session on Wednesday following the launch of its video-generation software today. The stock also climbed on a positive analyst call. Shares of Alibaba Group Holding Ltd. (NYSE:BABA) climbed 4.3%...

Super Micro Computer Inc. (NASDAQ:SMCI) rose 3.9% during the pre-market session on Tuesday ahead of today’s reporting deadline for the company’s delayed financial filings. What Happened: SMCI is scheduled to file its delayed annual report for the year ended June, and quarterly report...