DeepSeek is developing a custom AI chip to bypass U.S. export restrictions and reduce its reliance on Nvidia, according to Yahoo Finance's Dan Howley. The move aims to secure supply amid geopolitical …
Anthropic expanded its Claude Cowork agentic AI platform to mobile devices, shifting its narrative to focus on eliminating busywork rather than replacing human workers, as the company prepares for an …
The Canadian government will invest up to $400 million in Teck Resources Ltd.'s critical minerals smelter in Trail, B.C., to boost production of germanium, antimony, and gallium for defense and green …
Meta Platforms rolled out Muse Image, its first image-generation model from Meta Superintelligence Labs, integrating it into Meta AI chatbot to power over 30 new effects for Instagram Stories and enab…
Meta Platforms Inc. debuted a new AI image-generation model called Muse Image, rolling out inside the Meta AI chatbot and across Instagram and WhatsApp. The model allows users to generate or edit imag…
Bitcoin miner TeraWulf signed a $19 billion deal with Anthropic to build an AI data center in Kentucky, signaling a strategic pivot as crypto miners increasingly repurpose infrastructure for artificia…
BlackRock's research head Jean Boivin said private credit will play a larger role in financing AI infrastructure, as companies seek capital for massive expenditures. He dismissed comparisons to past b…
Microsoft Corp. has begun replacing AI models from OpenAI and Anthropic with its own MAI models in Excel and Outlook to reduce costs. Tens of thousands of AI prompts in these applications are now hand…
Ukraine will prioritize AI systems that can be self-hosted on its own servers to avoid dependence on providers who could restrict or cut access, a senior official said Tuesday. The policy, reinforced …
Morgan Stanley initiated coverage of SpaceX with an Overweight rating and a Street-high $300 price target, implying 87% upside, as the company joins the Nasdaq 100. The bank frames SpaceX as a unique …
Anthropic launched web and smartphone versions of its Claude Cowork AI agent, revealing that 33.4% of customers use it for business operations and 16.4% for tasks like slide decks and documents. The c…
Micron, Samsung, SK Hynix, and the Roundhill Memory ETF have all fallen more than 20% from recent highs, entering a bear market as the AI memory trade cracks despite Samsung's record profit. Semicondu…
Samsung Electronics reported a 19-fold profit jump in preliminary second quarter earnings, reaching $58 billion, but the results failed to impress Wall Street investors, raising questions about the br…
Defense stocks surged to record highs as governments increase military spending on weapons and AI battlefield technology, driven by geopolitical tensions and the need to replace depleted stockpiles. T…
The U.S. trade deficit widened sharply in May, jumping 42.2% to $77.6 billion, as an AI investment boom drove imports of capital goods to a record high of $128.0 billion. Exports fell 3.2% to $317.7 b…
Samsung Electronics reported a 19-fold jump in quarterly profit, but its stock fell up to 10% as investors took profits from the AI-fueled rally, dragging down other chip stocks like Micron, Sandisk, …
Zynga founder Mark Pincus said AI's public perception problem is 'not supported by the facts,' arguing that misconceptions about artificial intelligence are widespread. Pincus made the comments in a Y…
Norm Ai, an AI legal startup, raised $120 million in a funding round led by Khosla Ventures, valuing the company at $1.2 billion. The startup operates its own law firm, Norm Law, which charges clients…
The Magnificent Seven tech stocks have lost their market dominance as the AI trade shifts to memory chipmakers like Micron and Sandisk, with the Mag 7 index gaining only 1.1% in 2026 versus the Nasdaq…
Chinese AI startup DeepSeek is developing its own inference chip to reduce reliance on Nvidia and Huawei, according to three sources. The move marks a strategic shift for the company, which rose to gl…