technology News
Applied Digital Surges on 250% Revenue Growth, Cloud Spinoff
The company announced blockbuster Q2 results and a plan to spin off its high-demand GPU Cloud business into a new public entity named ChronoScale.
Meta Shares Slide as China Probes AI Startup Acquisition
Beijing's review of the Manus deal, citing export control laws, injects regulatory uncertainty into Meta's AI and metaverse hardware ambitions.
Nvidia's China Strategy Hits Snag on Reported H200 Chip Halt
Beijing reportedly asks tech giants to pause purchases of Nvidia's export-compliant H200 AI chips, introducing new uncertainty for the chipmaker's crucial China market.
Tesla Shares Fall as Nvidia Opens Up AI Self-Driving Tech
Nvidia's new open-source 'Alpamayo' platform, debuting with Mercedes-Benz, challenges Tesla's proprietary Full Self-Driving (FSD) ecosystem, fueling competition concerns.
Nvidia Shares Climb on Autonomous Driving Push at CES
Chipmaker unveils open AI models and expands automotive partnerships, aiming to become the foundational platform for self-driving vehicles.
AI Becomes New 'Front Door' to Healthcare, Aiding Telemedicine Sector
A report that 40 million people use ChatGPT for daily health guidance signals a potential catalyst for struggling digital health stocks like Teladoc and Doximity.
Nvidia Faces Headwinds as China Halts AI Chip Orders
Beijing directs tech giants including Alibaba and Tencent to pause procurement of H200 chips, escalating U.S.-China tech tensions.
Genmab Stock Jumps on AI Partnership with Anthropic
The biotechnology firm's shares climbed more than 2% after announcing a deal to leverage artificial intelligence for accelerated drug discovery.