Forget gold and stocks: Nvidia CEO Jensen Huang aims to make chips an investable asset, lines up $500 bn in financing
While gold, real estate and stocks are common investment choices, Nvidia CEO Jensen Huang wants investors to ride…
Meta, BlackRock partners for data center project worth $14 billion
By Rajwa Quasim Meta Platforms and BlackRock, the world’s largest asset manager, have partnered to develop and operate a…
Apple Overtakes Nvidia as Most Valuable Company After 15 Months
Apple CEO Tim Cook. EPA/Yonhap News Apple, considered a step behind big tech rivals in the race to…
Nvidia to partner with OpenAI on $250 billion data center plan
By Rajwa Quasim Nvidia is reportedly planning to invest $250 billion along with ChatGPT-maker OpenAI in a massive…
AMD says will invest up to US$5bil in Anthropic in chip deal
AMD chief executive Lisa Su said this collaboration brings together Anthropic’s leadership in frontier AI with the full…
Big Tech’s $3 Trillion AI Bet Faces A New Skeptic: Credit Markets
KEY POINTSDebt investors are asking whether future cash flows will be enough to support one of the largest…
Mark Zuckerberg praises Elon Musk for sacking 6,000 Twitter employees, here is why
Three years after Elon Musk slashed thousands of jobs at Twitter, a previously overlooked conversation featuring Meta CEO…
Jamie Dimon says investors are underestimating risks as global economy feels the pressure of conflicts
Jamie Dimon, the CEO of one of the biggest financial institutions in the world, JPMorgan Chase, has cautioned…
Google employees submit 4,500-signature petition seeking layoff protections amid AI spending surge – Firstpost
A growing number of Google employees are pushing back against continued workforce reductions, arguing that a company enjoying…
SoftBank’s Son Says AI Boom Will Need $5tn Annual Investment
Artificial intelligence will require massive global investment over the next 15 years, with annual spending expected to reach…
SoftBank CEO Dismisses AI Bubble Fears, Predicts $5T Annual Investment
Son said SoftBank’s cumulative investment in the ChatGPT developer is expected to exceed $60…
Mulling AI investment, Anthropic lobbied Australia on copyright law
Prime Minister Anthony Albanese is set to deliver a speech on AI and ‘social licence’ on Wednesday, as…