China finally built an American AI model
Moonshot, a Chinese AI company, has released Kimi K3, an AI model that the company claims matches the performance of leading American models, marking a significant step in China's AI development. The …
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.
Moonshot, a Chinese AI company, has released Kimi K3, an AI model that the company claims matches the performance of leading American models, marking a significant step in China's AI development. The …
Apple overtook Nvidia on Friday to become the world's most valuable company, with a market valuation of $4.88tn compared to Nvidia's $4.86tn after a 3.5% decline. The shift reflects investors broadeni…
Nvidia shares dropped 2.2-2.4% over July 16-17 after briefly hitting a $4 trillion market cap, driven by concerns that hyperscale cloud providers may slow AI infrastructure spending and by rising comp…
Apple has regained the title of the world's most valuable company with a $4.88 trillion valuation, overtaking Nvidia which fell to $4.86 trillion after a 3.5 percent market value decline. The shift re…
Tesla and Intel report Q2 2026 earnings this week, with potential ripple effects on crypto markets. Tesla, a major corporate Bitcoin holder, releases results on July 22 after market close, while Intel…
Tech stocks plunged on Friday amid growing investor concern that the artificial intelligence rally may be unsustainable, with the S&P 500 falling 0.58% and the Nasdaq Composite losing 1.25%. The sell-…
The Philadelphia Semiconductor Index has fallen more than 20% from its late June high, entering bear market territory as the AI rally unravels. The index dropped 11% in a single week, its worst since …
Hyperscalers including Alphabet, Meta, Amazon, and Oracle have issued over $300 billion in bonds since the start of 2025 to fund AI infrastructure, but investor demand is plunging as cover ratios for …
Bank of America says the US dollar is set for a strong second half of 2026, driven by conflict in the Middle East, the AI boom, and a higher-for-longer interest rate outlook. The greenback has already…
The Philadelphia SE Semiconductor Index fell 11% this week, heading for its steepest weekly decline in over a year and down 24% from its late June high, as investors rotated out of AI-exposed stocks a…
Apple overtook Nvidia on Friday to become the world's most valuable company, with a market valuation of $4.88 trillion versus Nvidia's $4.86 trillion after a 3.5% decline in Nvidia's shares. The shift…
Apple briefly surpassed Nvidia as the world's most valuable company on Friday, with a $4.89 trillion market cap edging out Nvidia's $4.85 trillion, despite Apple's lagging AI efforts. Analysts attribu…
Berkshire Hathaway disclosed a $4.3 billion stake in Alphabet during the third quarter of 2025, signaling a pivot toward artificial intelligence under incoming CEO Greg Abel. The move, which arrived s…
Elorian, a Palo Alto-based startup building visual-reasoning AI, has raised $55 million in seed funding at a $300 million post-money valuation before shipping a product. The round was co-led by Strike…
Moonshot AI's new Kimi K3 model costs $3 per million input tokens and $15 per million output tokens, three to four times the price of its predecessor Kimi K2.6, signaling an end to the era of cheap Ch…
NetApp is acquiring DataPelago, a startup that emerged from stealth in October 2024 with a Nucleus Universal Data Processing Engine (UDPE) that accelerates heterogeneous compute for data analytics and…
Amazon has dropped the price of the Cooler Master NR2 Pro Mini gaming PC to $3,034.99, featuring an AMD Ryzen 7 9800X3D processor and an Nvidia RTX 5080 graphics card in a compact Mini-ITX case with a…
SK Hynix's American Depositary Receipts fell below their $149 listing price for the first time on July 13, erasing the entirety of their debut rally in less than a week of trading. The South Korean me…
Apple has overtaken Nvidia to become the world's most valuable publicly traded company, ending a reign Nvidia built on demand for AI chips. Apple shares jumped nearly 5% on July 3, 2026, after reports…
The semiconductor sector lost over $1 trillion in market value in under two months, with the VanEck Semiconductor ETF dropping 5% in a single session, even as demand data from hyperscalers and chipmak…