technology News
New York Aims at Big Tech with Major AI Safety Law
RAISE Act imposes hefty fines and strict safety rules for AI models costing over $100M to develop, creating a new regulatory hurdle for industry leaders.
Nvidia Stock Surges on US Review of H200 Chip Sales to China
Commerce Department to review export licenses for advanced AI chips, signaling a potential reopening of a lucrative market for the semiconductor giant.
OpenAI Valuation Nears $830 Billion, Fueling Fresh AI Sector Rally
A potential new funding round for the ChatGPT creator signals accelerating investor confidence and sets a new, towering benchmark for the artificial intelligence industry.
eGain Shares Surge on Major AI Software Deal with Insurer Achmea
The small-cap AI firm will provide its Knowledge Hub to 21,000 users at the multi-billion dollar Dutch insurer, signaling a significant enterprise win.
AI & Chip Stocks Rally on US 'Genesis Mission' Announcement
A new government consortium with 24 tech giants including Microsoft, Google, and Nvidia aims to accelerate US leadership in artificial intelligence, fueling investor optimism.
ON Semi, GlobalFoundries Forge GaN Chip Alliance for EVs, AI Data Centers
The partnership leverages GlobalFoundries' US-based manufacturing to produce high-efficiency power chips, aiming to secure a domestic supply chain for critical growth markets.
Visa & Mastercard Deepen Crypto Push with Global Debit Card Rollout
A partnership with NEXA Cards will allow users to spend cryptocurrency globally, signaling the payment giants' continued strategy to bridge digital assets and traditional finance.
Redwire Stock Jumps 9% on European Space Capsule Contract
The eight-figure deal to supply docking systems for The Exploration Company’s Nyx capsule marks a significant win for the space infrastructure firm.