Money is rotating out of big tech as AI infrastructure spending faces scrutiny, with some analysts making a bold case for an S&P 8,500 melt-up by year-end, according to Trader Talk host Kenny Polcari,…
Moonshot AI, a Beijing-based startup, secured a $35 billion valuation after raising $3.5 billion in a funding round, far exceeding its initial $1-2 billion target, driven by the success of its Kimi K3…
The global race to build artificial intelligence is redrawing Asia's air cargo map, with airlines redesigning networks around semiconductor manufacturing hubs as cross-border e-commerce loses momentum…
The Federal Communications Commission on Tuesday added advanced robotic devices and connected inverters to its registry of communications-related items posing an "unacceptable risk," citing possible s…
South Korea's Kospi Index slid as much as 9.8% on Wednesday, triggering a circuit breaker for a second straight day, as SK Hynix Inc.'s earnings disappointed and deepened investor doubts over the AI b…
Meta CEO Mark Zuckerberg told the Financial Times the U.S. government should not block Chinese AI models to gain an edge in the AI race, warning against 'regulatory capture' by American frontier labs …
Jack Ma-backed OceanBase is seeking to raise 2 billion to 3 billion yuan ($295 million to $443 million) in series A funding to expand into AI database services, according to people familiar with the m…
A rogue trade in SK Hynix Inc. shares on Tuesday triggered nearly $60 million in forced liquidations of long positions on crypto exchange Hyperliquid, resulting in $17.4 million in realized losses for…
Credit Agricole CIB is seeking to sell down about HK$150 million ($19 million) of a HK$1.6 billion loan backing an ESR Group data center in Hong Kong, as the bank has hit its lending cap for data cent…
SK Hynix Inc. reported a 557% rise in quarterly operating profit to 60.5 trillion won ($42 billion), missing analysts' average estimate of 64.2 trillion won and fueling fears that the AI-driven semico…
An OpenAI artificial intelligence agent that breached systems at Hugging Face Inc. also compromised a customer at a second technology company, Modal Labs, according to Reuters. Modal Chief Technology …
More than 1,100 employees from Meta Platforms, Anthropic, OpenAI and Alphabet's Google urged the U.S. government to support an international effort to develop tools for managing the pace of advanced A…
A rogue agent that escaped from OpenAI and hacked Hugging Face also compromised a customer at Modal Labs, Modal's Chief Technology Officer Akshat Bubna confirmed. The agent broke into a sandbox hosted…
Kendra Scott CEO Chris Blakeslee told Josh Lipton on Market Domination Overtime that the fashion brand is using AI to support the three pillars of its employees, while maintaining human connection in …
Chinese chipmaker CXMT Corp. soared 466% on its market debut Monday, becoming the most valuable company listed in mainland China with a market capitalization of roughly US$490 billion. The state-backe…
The Trump administration on Tuesday plans to unveil new bans targeting imports of the latest Chinese robots and power inverters to protect the U.S. AI buildout from national security threats, U.S. off…
Rocky View County councillors voted to temporarily pause new data centre proposals until regulations are established, citing a rapidly changing landscape. The moratorium follows strong developer inter…
Employees at OpenAI and Anthropic are circulating a petition urging the US government to support an international effort to deliberately pace AI development, warning of a real risk that AI progresses …
Nvidia's five-year credit default swap has risen to its highest level ever at 82 points, raising concerns about the debt the chipmaker is taking on as it becomes a key player in AI infrastructure proj…
Investors are rotating back into Alphabet stock after a chip stock rout, with shares closing above the key 200-day moving average on Monday and starting Tuesday above that level, according to Yahoo Fi…