At least a dozen digital-asset treasury firms have pivoted to AI-related businesses amid a slump in crypto prices, but the strategy has failed to win back investors so far. K Wave Media Ltd., a former…
China's Ministry of Commerce warned it would take "all necessary measures" if the US moves to sanction Chinese AI companies over allegations of intellectual property theft through model distillation, …
Nvidia on Monday formed the Open Secure AI Alliance with Adobe, CrowdStrike, Hugging Face and Dell Technologies to develop open tools for AI safety and cybersecurity, days after a Hugging Face hack by…
Nvidia Corp. is working on AI infrastructure deals potentially worth more than $750 billion, including a $500 billion initiative with SK Hynix Inc.'s parent and discussions to guarantee up to $250 bil…
Morgan Stanley strategists led by Michael Wilson said US companies integrating artificial intelligence are poised for stronger profit margins this earnings season, with about 100 basis points of net-m…
Shares of CXMT, China's largest memory chipmaker, surged 472% on their first day of trading on the Shanghai Stock Exchange's STAR market, giving the company a market capitalization of about 3.3 trilli…
SoftBank Group Corp.'s $40 billion bridge loan for its investment in OpenAI has attracted 21 new lenders in a broader syndication phase, allocating about $7 billion of the facility, with First Abu Dha…
CXMT Corp. can rally 1,239% from its IPO price as it wins market share, Nomura Holdings Inc. says, with analyst Donnie Teng assigning a buy rating and 116 yuan target. The stock surged as much as 535%…
French Prime Minister Sébastien Lecornu announced on Instagram that France is replacing Palantir Technologies Inc. with local challenger ChapsVision for its domestic intelligence agency, citing digita…
Meta Platforms Inc.'s Facebook and Instagram have served thousands of ads for AI 'nudify' apps in breach of company policies, delivered by Chinese advertising partner GatherOne Inc., according to a re…
Moonshot AI is set to release the weights of its Kimi K3 model for public download on Monday, enabling developers to freely use and modify the technology. The Beijing-based startup's move aims to broa…
Jake Coyle and Lindsey Bahr curated a list of films and TV shows depicting artificial intelligence, from 'The Terminator' to 'The Mitchells vs. the Machines', highlighting how pop culture has explored…
Investors are punishing Big Tech stocks for rising AI capital expenditures, but AMD CEO Lisa Su, Mastercard CEO Michael Miebach, and IBM CFO Jim Kavanaugh all report strong AI monetization and product…
Alphabet's Q2 earnings revealed capital expenditures of over $78 billion in the first half of the year, with total 2026 spending expected between $195 billion and $205 billion, mostly on data centers …
CXMT Corp., formerly ChangXin Memory Technologies, is set to become the biggest China-listed firm on its debut after raising 66.6 billion yuan ($9.8 billion) in a near-record IPO, tapping into investo…
DeepSeek has told prospective investors in its second fundraising round that it is suspending the deal for now, days after comments widely attributed to founder Liang Wenfeng about US-Chinese AI compe…
Alphabet and Tesla lost a combined $580 billion in market value this week as investors punished heavy AI spending, while suppliers like Supermicro Computer and Digital Realty surged on the same capita…
Métis entrepreneur Shani Gwin founded wasikan kisewatisiwin, a technology company that developed an AI tool to detect inaccurate representations of Indigenous Peoples in written content, after experie…
More than 10,000 oncologists and drug developers gave a standing ovation in early June for Revolution Medicine's daraxonrasib, which nearly doubled survival in pancreatic cancer, highlighting U.S. lea…
South Korea announced $950 billion in new AI initiatives involving Samsung Electronics, SK Group and U.S. tech firms, including a $500 billion partnership between SK Hynix and Nvidia, as global AI lea…