technology News
Meta's $2B AI Deal for Manus Faces Scrutiny from Beijing
Chinese authorities are reviewing the acquisition of the AI startup, citing technology export control rules and creating a new geopolitical hurdle for the tech giant.
Infosys Surges on AWS Pact to Speed Enterprise AI Adoption
The partnership combines Infosys's consulting prowess with Amazon's cloud-based AI tools, capitalizing on surging corporate demand for generative AI.
Applied Digital Gains on Bullish Analyst Call Ahead of Earnings
Freedom Capital Markets initiates coverage with a Buy rating, citing the company's strategic position in the high-demand market for AI data infrastructure.
Nvidia Faces New Rival as Baidu's AI Chip Unit Pursues Hong Kong IPO
Baidu's plan to list its Kunlunxin chip division highlights China's drive for semiconductor self-sufficiency, posing a fresh challenge to Nvidia's dominance in the region.
Baidu Sets Hong Kong IPO for AI Chip Unit Kunlunxin
The move, which could raise up to $2 billion, aims to unlock value from Baidu's semiconductor division and aligns with China's tech self-sufficiency push.
TSMC Stock Hits Record High on Bullish JPMorgan AI Outlook
JPMorgan raises its price target, forecasting 30% revenue growth in 2026 driven by surging demand for advanced AI chips and packaging technology.
Meta's $2B AI Deal Faces Chinese Scrutiny Over Export Rules
Regulators in Beijing are reviewing the acquisition of AI startup Manus, citing technology export controls and intensifying the US-China tech rivalry.
Tesla's $10B AI Bet Fuels Nvidia's Auto Market Dominance
Elon Musk signals a multi-billion dollar spending plan on Nvidia hardware, accelerating the AI infrastructure race in the automotive sector.