artificial general intelligence

Microsoft Corp. (NASDAQ:MSFT) has reportedly begun to cancel leases for a significant portion of its AI data center capacity in the United States, as per a recent report by TD Cowen. What Happened: TD Cowen disclosed on Friday that Microsoft has nullified leases equivalent to “a couple...

Alibaba Group Holding Ltd. (NYSE:BABA) has announced an investment of 380 billion yuan (nearly $53 billion) for its cloud computing and AI infrastructure, making it the largest private computing project to date. What Happened: on Monday, Alibaba announced its plans to invest an amount...

President Donald Trump issued written orders to the Committee on Foreign Investment in the United States (CFIUS) to curb Chinese investments in strategic sectors, marking a significant escalation in the administration’s economic measures against China. What Happened: The White House...

AI startup DeepSeek announced plans to open-source five of its code repositories, a move aimed at fostering transparency and community-driven innovation. What Happened: On Friday, Meta Platforms Inc (NASDAQ:META) and Google (NASDAQ:GOOG) (NASDAQ:GOOGL) DeepMind AI rival revealed on X that...

Jensen Huang, CEO of Nvidia Corporation (NASDAQ:NVDA), addressed investor concerns regarding the necessity of massive AI infrastructure spending during a virtual event uploaded on Thursday. What Happened: Huang addressed the DeepSeek-led sell-off of the Nvidia shares and said, that...

Nvidia Corporation (NASDAQ:NVDA) remains strong, with shares recovering double digits a month after the DeepSeek-led selloff. What Happened: Renowned investor Michael Del Monte is optimistic about Nvidia’s growth trajectory. He stated that no hyperscaler has reduced its capital outlay for ...

Noted short seller Jim Chanos raised the alarm about potential unpredictable risks and excessive speculation in the U.S. markets, citing the recent DeepSeek debacle that wiped out nearly $1 trillion in market value. What Happened: In a conversation with Bloomberg TV on Wednesday, Chanos highlighted...

New Street Research analyst Pierre Ferragu predicts 2025 will mark the beginning of a new artificial intelligence era, citing breakthrough developments in Tesla Inc.‘s (NASDAQ:TSLA) Full Self-Driving technology and OpenAI’s latest O3 model. What Happened: In a detailed research note,...

Masayoshi Son, CEO of SoftBank Group (OTC:SFTBF) (OTC:SFTBY), has forecasted the advent of artificial superintelligence within the next ten years. This revelation was shared during the SoftBank World 2024 conference. What Happened: Son, Japan’s second wealthiest individual, commended OpenAI...

Jeremie Harris and Edouard Harris from Gladstone AI recently highlighted a major ethical dispute in AI development — a debate that has garnered much attention since Google’s Larry Page called Elon Musk “speciesist” last year for prioritizing human interests in AI advancements....

OpenAI CEO Sam Altman praised his team’s talent and dedication after the impressive launch of the video generator Sora AI model. He also invited others interested in contributing to the development of artificial general intelligence (AGI). What Happened: Altman took to X, formerly Twitter, on...

Arm Holdings PLC (NASDAQ: ARM), known for its CPUs that Nvidia Corp.'s (NASDAQ: NVDA) GPUs rely on for artificial intelligence, took center stage Thursday with its IPO at a valuation of $54.5 billion, setting the record for 2023. The company shares are now trading at the $60 level, with...

Soft silicone skin with sensors that respond to the human touch. A perfect body with industrial-grade musculature that can run nimbly over rugged terrain, hurl a cinder block halfway across a basketball court or pick the right wine glass off the top shelf. Add an artificial brain that can beat the...