NVIDIA is a semiconductor company best known for its GPUs, which are the primary compute hardware for training and running AI models. Its H100 and A100 chips power the majority of AI data centers worldwide.
Qualcomm closed its all-stock acquisition of Modular Inc. on July 29, 2026, issuing up to 19.2 million shares valued at approximately $3.9 billion, gaining Modular's CUDA-independent AI software stack…
In the last two weeks, AI capabilities have surged while economic and political support has weakened, with Alphabet's free cash flow turning negative for the first time, Meta's stock plunging nearly 1…
Xiaomi has opened pre-orders for the N90 Max extended-range SUV at RMB299,900, with formal release scheduled for September. The vehicle integrates Xiaomi's HAD assisted-driving system and XLA cognitiv…
Nvidia's $750 billion AI infrastructure spending wave faces a potential bubble due to revenue concentration among a few cloud providers, but real demand from AI tools like Claude Code suggests a 'mess…
AI News Digest for July 31 covers 30 stories, including OpenAI's 80% price cut for GPT-5.6 Luna, Meta's AI spending reducing free cash flow by 91%, and Nvidia's $750B AI investment. The digest also re…
Mark Zuckerberg's net worth fell by $17.8 billion to $183.3 billion on Thursday as Meta Platforms Inc. shares plunged 9%, extending an 11-day losing streak amid Wall Street concerns over the company's…
Xscape Photonics, a startup with offices in Fort Lee, New Jersey, and Santa Clara, California, raised $37 million in new funding on March 11, 2026, bringing its Series A total to $81 million, with par…
Singapore chip stocks AEM and UMS Integration led a tech surge on Friday (Jul 31) as confidence returned to the artificial intelligence trade, with AEM rising as much as 12.5% to S$8.52 and UMS adding…
Meta CEO Mark Zuckerberg is pushing an 'AI optimism' message through advertisements and a Wall Street Journal op-ed, but the company's AI strategy remains scattered after failed products like AI-gener…
PlayStation VR2 is on sale for $300 in the US, down from $400, through August 10, according to Sony. The headset, which launched at $550 in 2023, is immune to AI-driven memory chip price increases due…
Citadel acquired the entire public-equities portfolio of Leopold Aschenbrenner's hedge fund Situational Awareness after leveraged AI bets suffered steep losses, according to multiple reports. The July…
AI token processing demand is surging far beyond forecasts, with Google seeing a 330X increase from May 2024 to May 2026, and Nvidia's upcoming Vera Rubin systems are designed to deliver up to 10X mor…
Microsoft added nearly US$450 billion in market value on Jul 30, the largest one-day gain on record for a company, after forecasting stronger-than-expected cloud growth and signaling continued cash ge…
IDC raised its AI infrastructure spending forecast for 2026 and beyond, reporting that global spending on AI servers and storage reached $89.7 billion in Q1 2026, up 33.1% from Q1 2025. Arm-based AI s…
Microsoft, Micron, and Nvidia each gained over $100 billion in market cap today, driven by strong demand in AI and semiconductor industries. Microsoft's market cap surged by nearly $450 billion follow…
Wall Street ended sharply higher on Thursday, with the S&P 500 climbing 1.66% to 7,437.63, the Nasdaq gaining 2.78% to 25,122.18, and the Dow Jones rising 1.19% to 52,208.06, as Microsoft surged over …
The European Commission has opened a call for tenders for up to seven AI 'gigafactories' across the bloc, a €30bn push to reduce Europe's dependence on US and Chinese computing power. Up to €10bn will…
TheCUBE will provide on-the-ground coverage of Black Hat USA from Las Vegas on Aug. 5-6, focusing on how AI is reshaping cybersecurity amid rising autonomous attacks. The launch of the Open Secure AI …
More than 1,000 employees at OpenAI, Anthropic, and other AI labs signed a petition urging the US to find a way to pace the AI race, with both companies supporting the letter. The petition follows an …
Chinese AI startup Deepseek plans to build a 1-gigawatt AI data center in Ulanqab, Mongolia, about 350 kilometers northwest of Beijing, according to sources. The company aims to bring at least part of…