Temu was fined 200 million euros ($232 million) on Thursday after a probe by the European Union revealed that the Chinese online retailer had neglected
Category: WORLD NEWS
SK Hynix joins the $1 trillion club with its memory chip rivals Samsung and Micron on an AI-driven rally.
On Wednesday, SK Hynix joined memory chip competitors Samsung Electronics and Micron Technology in surpassing $1 trillion in market value on an AI-driven rise. As
Nvidia’s CEO says Taiwan is the “epicenter” of the AI revolution and plans to build a $5 trillion headquarters.
The chief executive of Nvidia announced on Wednesday that the chip giant intends to invest over $150 billion annually in Taiwan, calling it the “epicenter”
Micron surpassed the $1 trillion market value, becoming a standout winner in the AI race.
The market capitalization of Micron Technology surpassed $1 trillion for the first time on Tuesday, marking a significant milestone that solidified the largest memory chipmaker
China’s Huawei to achieve global frontier of chipmaking by decade-end amid US sanctions.
Beijing’s efforts to counteract U.S. sanctions that have hindered China’s ability to produce cutting-edge chips are highlighted by Huawei Technologies’ announcement on Monday that it
Private-equity-backed Curium Pharma offers to buy Lantheus in a $7 billion deal.
Lantheus Holdings, a company focusing on radiopharmaceuticals, is considering a possible sale after receiving a takeover offer from Curium Pharma, a private equity firm, valued
Trump rescinds the AI executive order, citing concern that it will reduce US tech superiority.
Hours before a scheduled White House ceremony on Thursday, President Donald Trump canceled plans to sign a new executive order on artificial intelligence, citing concerns
JPMorgan will hire more AI staff and fewer dealmakers. – CEO Jamie Dimon.
Jamie Dimon, CEO of JPMorgan Chase & Co., says the Wall Street giant will probably hire fewer traditional bankers and more AI professionals as the
London’s GHO and Singapore’s CBC $21 billion deal will create the world’s largest healthcare investor.
Global Healthcare Opportunities (GHO), based in London, and CBC Group, located in Singapore, announced on Wednesday that they will combine to form what they described
StanChart will replace “lower-value human capital” with AI and eliminate more than 7,000 jobs.
In an effort to replace “lower-value human capital” with technology, Standard Chartered will eliminate almost 7,000 positions over the course of the next four years.
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