Alphabet sells rare 100-year bond to fund AI expansion
Alphabet has sold a rare 100-year bond, a memo from the lead manager showed, part of a $31.51 billion global bond raise, as artificial intelligence-driven spend…
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China’s ByteDance In Talks With Samsung To Manufacture AI Chips, Secure Scarce Memory Chip Supplies: Report – Broadcom (NASDAQ:AVGO), Alibaba Gr Hldgs (NYSE:BABA)
ByteDance, the parent company of TikTok, is reportedly developing an artificial intelligence (AI) chip and is in discussions with Samsung Electronics (OTC:SSNLF…
G42, Vietnamese partners ink $1bn deal to build AI, cloud infrastructure
Image: G42
Abu Dhabi‑based technology group G42 and a consortium of Vietnamese companies signed a framework cooperation agreement to develop sovereign artifi…
G42, Vietnamese partners ink $1bn deal to build AI, cloud infrastructure
Image: G42
Abu Dhabi‑based technology group G42 and a consortium of Vietnamese companies signed a framework cooperation agreement to develop sovereign artifi…
Oaktree Co-CEOs: U.S. Economy Is Largely Driven By AI Spending
Private credit firm Oaktree Capital co-CEOs Bob O’Leary and Armen Panossian said in a podcast entitled, The Insight, that while the U.S. economy appears healthy…
Brokerage stocks are the latest corner of the market getting slammed by AI disruption fears
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Another week, another round of jitters caused by …
VC-Backed Eightfold AI Named In Class Action Lawsuit
A proposed class action lawsuit claims venture-backed Eightfold AI uses “hidden AI technology to collect sensitive and often inaccurate information about unsusp…
Using AI at Work May Actually Make Your Days Longer and More Unpleasant, Study Finds
Every company seems determined to integrate AI, but the gains might not have a long shelf life. After an “initial productivity surge,” employees who used AI rep…
Nebius Acquires Tavily To Bolster AI Capabilities – Nebius Group (NASDAQ:NBIS)
Nebius Group (NASDAQ:NBIS) shares are up on Tuesday as the company is expanding its AI capabilities through a strategic acquisition.
This positive movement com…
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Publishers file complaint to EU over Google AI summaries
Alphabet-owned Google was hit with an EU antitrust complaint by the European Publishers Council over its AI-generated summaries known as AI Overviews.
The move…