China’s DeepSeek AI Model Wreaks Havoc on Tech Stocks
The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.
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Texas Instruments Gives Dour Q1 Profit Forecast
Texas Instruments has published a profit forecast for the first quarter of the current year, which turned out to be lower than analysts’ preliminary expectations regarding the dynamic of the corresponding indicator.
Meta Plans to Spend as Much as $65 Billion on AI Efforts in 2025
Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
SK Hynix Reports Earnings
South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.
OpenAI Introduces Operator
OpenAI takes the functionality of its chatbot ChatGPT to a new level.
Netflix Shares Hit Record
On Wednesday, January 22, the value of Netflix shares increased by 13%, reaching an all-time high after the streaming giant, betting heavily on sports, was able to add 18.9 million subscribers in the holiday quarter, reinforcing the already significant advantages of the brand over other industry players.
Goldman Sachs Launches Internal Gen AI Assistant
Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.
Truecaller Expands on iOS
Truecaller brings its real-time caller ID and automated spam call blocking to iOS for the first time in a major update.
SoftBank, OpenAI, Oracle Launch $500B AI Infrastructure Project
Stargate Project, a new company supported by SoftBank, OpenAI, Oracle, and MGX, aims to invest $500 billion over the next four years to build robust AI infrastructure in the United States.
Oracle Launches AI Agents for Sales Professionals
Oracle on Tuesday, January 21, released a new set of artificial intelligence agents designed to help salespeople solve several tasks related to customer dealing.
Donald Trump Announces $500 Billion AI Infrastructure Investment
OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.
How AI Transforms Climate Risk Management
The recent tragedy of the LA fires once again highlighted the importance of effective climate risk management on many levels. Two heads might be better than one in designing such global and critical solutions, and perhaps human capabilities in CRM might be significantly enhanced by artificial intelligence (AI).
Spain to Grant $155 Million to Help Companies Develop AI
The Spanish government intends to support the development of artificial intelligence, which is another example of the importance of AI as an advanced technology of modernity.
TSMC Expects Its Chips Act Funding to Continue Under Donald Trump
In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.
Barclays Estimates AI Could Triple US Data-Centre Usage by 2030
Barclays’ recent report projects that data-centre usage will likely triple due to the rapid AI growth by 2030. The firm’s estimates are notably higher than the current sustainable consensus, raising questions about the potential implications of AI development for global efforts to reduce greenhouse gas emissions.
Is TikTok Actually Getting Banned in US?
TikTok users in the US have witnessed their favourite social media in and out of service this Sunday, with no certainty about the future of the short video app in the country.
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