Investors are rotating out of Nvidia and into Chinese and Korean chip stocks, with SK Hynix raising nearly $29 billion in a Nasdaq ADR listing and Chinese memory maker CXMT preparing a $4.3 billion IP…
Google Cloud has partnered with SandboxAQ to distribute the company's specialist AI models for drug discovery, materials science, and cybersecurity through its infrastructure and marketplace. The deal…
Cloudflare's engineering team grew 45% to 1,894 after cutting 1,100 jobs in May, as CEO Matthew Prince says AI eliminates "measurer" roles while builders and sellers thrive. The pattern, confirmed by …
Cloudflare cut 20% of its workforce earlier this year but increased engineering headcount by 45%, from 1,308 to 1,894 engineers, according to BNP Paribas data. CEO Matthew Prince said AI is shifting v…
BNP Paribas blocked employee access to Anthropic's Claude AI models for staff in Asia, joining Goldman Sachs and other banks tightening controls on third-party generative AI tools in the region. The m…
Indian IT shares fell for a seventh consecutive session, with the Nifty IT index closing at its lowest level since May 15 after dropping 1.6%, as investor concern over Anthropic's new Claude Fable 5 A…
South Korea's government pledged to lower barriers for foreign investors by launching a 24-hour foreign exchange market and enhancing market attractiveness, Second Vice Finance Minister Huh Chang told…
GitHub Copilot's switch to token-based billing on June 1 causes developer costs to spike from $29 to $750 per month, signaling the end of AI subscription subsidies. Mistral AI launches Vibe, a full-st…
Mistral AI hosted its first summit in Paris on Thursday, drawing executives from SAP, BNP Paribas, Accenture, and Airbus to Le Carrousel du Louvre, where the French startup positioned itself as Europe…
Mistral AI announced at its AI Now Summit in Paris that it is transitioning from a model company to a full-stack AI provider, owning its own data centers and focusing on efficient, open, and customiza…
BNP Paribas, Europe's largest bank, announced an expanded partnership with French AI startup Mistral AI on May 26 to deploy large language models for cybersecurity against AI-powered threats. The mult…
Anthropic released its Mythos AI model to the public, eliminating the distinction between classified military-grade and commercial frontier AI. DeepMind CEO Demis Hassabis advanced his AGI timeline to…