technology News

Meta Faces New US Probe Over Billions in Alleged Scam Ad Profits
Technology
4mo ago

Meta Faces New US Probe Over Billions in Alleged Scam Ad Profits

Bipartisan senators demand FTC and SEC investigations as the social media giant is hit with a separate €479 million fine in Spain for data use.

Nvidia's AI Dominance Faces New Threat from Google's Chips
Technology
4mo ago

Nvidia's AI Dominance Faces New Threat from Google's Chips

Reports that Meta is exploring Google's new TPUs for its data centers are sending ripples through the once-monolithic AI hardware trade, challenging Nvidia's market grip.

Nutanix Posts Strong Q1 Results on 18% Recurring Revenue Growth
Technology
4mo ago

Nutanix Posts Strong Q1 Results on 18% Recurring Revenue Growth

Company reports $1.97 billion in Annual Recurring Revenue and expands strategic partnership with Amazon Web Services, signaling robust hybrid cloud demand.

Warner Music Pivots From Lawsuit to Partnership with AI Startup Suno
Technology
4mo ago

Warner Music Pivots From Lawsuit to Partnership with AI Startup Suno

Deal marks a strategic shift to monetize generative AI, but shares dip 1.8% as investors weigh the long-term benefits against immediate uncertainty.

CrowdStrike Gains Key FedRAMP Clearance for AI Security Platform
Technology
4mo ago

CrowdStrike Gains Key FedRAMP Clearance for AI Security Platform

Charlotte AI's 'High Authorization' status unlocks access to sensitive U.S. government contracts, intensifying the cybersecurity race for public sector dominance.

Snowflake Acquires Select Star to Bolster Enterprise AI Strategy
Technology
4mo ago

Snowflake Acquires Select Star to Bolster Enterprise AI Strategy

The deal aims to integrate automated data governance and discovery into Snowflake's platform, a critical step for building trust in AI applications.

Oracle and Nvidia Deepen Alliance to Power Abu Dhabi's Sovereign AI Push
Technology
4mo ago

Oracle and Nvidia Deepen Alliance to Power Abu Dhabi's Sovereign AI Push

Deployment of Middle East's first OCI Supercluster with Nvidia's Blackwell GPUs signals a growing global trend for national AI infrastructure.

Symbotic Shares Surge 40% on Strong Revenue, Healthcare Expansion
Technology
4mo ago

Symbotic Shares Surge 40% on Strong Revenue, Healthcare Expansion

The warehouse automation firm beat Q4 revenue estimates and announced a major partnership with Medline, signaling a strategic entry into the healthcare sector.