AI stock boom delivers bumper quarter for Japan’s SoftBank

Software

AI stock boom delivers bumper quarter for Japan’s SoftBank

Japan's SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in AI-related share prices...

Software

Tech shares lower as Trump rejects talk of AI bubble

Tech shares were back under pressure Friday, leading major indices lower as President Donald Trump dismissed worries about an artificial intelligence stock bubble."No,...

AI

From OpenAI to Nvdia and xAI, mega AI deals spark buzz — but is it a boom or a bubble? Experts weigh in

The past few months have seen the announcement of multi-billion-dollar deals in the artificial intelligence (AI) industry, as companies build the infrastructure necessary...

Software

Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports

Nvidia has spent over $900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup and to...

Software

UK-based Humanoid unveils first robot for industrial use

Humanoid on Thursday unveiled the UK's first humanoid robot for industrial use, as the startup hopes to gain a foothold in the growing...

Software

Nvidia CEO Huang caught between US, China’s ‘larger agendas’

Nvidia CEO Jensen Huang said on Wednesday that Washington and Beijing "have larger agendas to work out" as the tech giant navigates the...

Software

Nvidia faces trial over engineer’s ‘stolen’ code oops moment

Nvidia Corp. must face trial in the case of an engineer who inadvertently revealed autonomous driving trade secrets that he allegedly stole from...

Software

Nvidia CEO to hold media briefing in Beijing on July 16

Nvidia CEO Jensen Huang will hold a media briefing in Beijing on July 16, an official from the company said on Sunday, marking...

AI

AMD’s Helios Server launch signals bold challenge to Nvidia’s AI supremacy, backed by OpenAI and Crusoe

Advanced Micro Devices (AMD) has revealed its next major push into artificial intelligence hardware, unveiling a new AI server platform calledHelios, designed to...

AI

Samsung, Nvidia are investing $35 million combined in THIS robotics startup. Here’s why

Robotics software startup Skild AI Incorporated has drawn investments from MNC Samsung Electronics and chips major Nvidia Corporation, totalling $35 million, as both...

AI

IndiaAI Mission gets 16,000 new GPUs, three more foundational models

New Delhi: The Union government on Friday approved the empanelment of 15,640 new graphic processing unit (GPU) processors from data centre and cloud...

Software

AI chipmaker Nvidia’s revenue jumps 69% to $44.1 billion

Nvidia's business prospects have been whipsawed by the U.S. government lately. Last month, the government blocked the sale of artificial intelligence chips to...

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