technology News
EVTV Stock Soars on Plan to Acquire AI Firm for $480 Million
The struggling electric vehicle maker, with a market cap under $2 million, seeks a radical pivot into AI with a deal that values the target at over 200 times its own size.
Accenture Surges on Deal to Acquire UK AI Leader Faculty
Acquisition to add over 400 AI specialists, bolstering the consulting giant's capabilities in the high-demand areas of AI safety and strategy.
Supermicro Bets on Next-Gen Nvidia AI Chips to Regain Momentum
Company announces support for Nvidia's upcoming Rubin platform and expands liquid-cooling capacity, signaling a pivotal move to power the next wave of AI data centers amid recent stock pressure.
TSMC Stock Climbs on Goldman Sachs 'AI Supercycle' Call
Shares approach 52-week high as analysts boost price target by nearly 40% and the chipmaker secures a key US export license for its China operations.
Nvidia Secures CoreWeave for Next-Gen Rubin AI Platform
The AI-focused cloud provider's commitment provides an early win for Nvidia's latest architecture, even as Elon Musk offers a pragmatic timeline for at-scale deployment.
Nvidia's 'Rubin' Roadmap Spurs Fresh Analyst Upgrades
CEO Jensen Huang's announcement of a new one-year chip release cycle at Computex 2024 has Wall Street analysts raising price targets, citing unmatched dominance in AI infrastructure.
Boston Dynamics and Google DeepMind Challenge Tesla in Humanoid Robot Race
Hyundai-owned Boston Dynamics revealed a commercial Atlas robot powered by Google's AI, escalating the competition to build a viable robotic workforce.
Amazon Stock Climbs on Deal to Bolster Alexa with TomTom Navigation
The collaboration will integrate TomTom’s mapping technology directly into Alexa, creating a more sophisticated in-car assistant to challenge Google and Apple.