technology News

Genmab Stock Jumps on AI Partnership with Anthropic
Technology
2mo ago

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.

BTCS Shares Climb on Record 2025 Revenue Forecast
Technology
2mo ago

BTCS Shares Climb on Record 2025 Revenue Forecast

Blockchain firm signals a 290% surge in annual revenue, driven by a significant expansion of its Ethereum staking operations.

NVIDIA, Lenovo Launch 'AI Gigafactory' to Speed Enterprise AI
Technology
2mo ago

NVIDIA, Lenovo Launch 'AI Gigafactory' to Speed Enterprise AI

Partnership aims to deliver turnkey, large-scale AI systems, leveraging NVIDIA's Blackwell and Rubin architectures to reduce deployment from months to weeks.

Infosys Surges on AWS Pact to Speed Enterprise AI Adoption
Technology
2mo ago

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.

Meta's $2B AI Deal for Manus Faces Scrutiny from Beijing
Technology
2mo ago

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.

Applied Digital Gains on Bullish Analyst Call Ahead of Earnings
Technology
2mo ago

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
Technology
2mo ago

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
Technology
2mo ago

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.