After the company’s earnings fell short of high expectations over demand for its bespoke AI chips business, Broadcom’s shares plummeted more than 14% on Thursday,
Category: WORLD NEWS
SpaceX to raise a record $75 billion, with an IPO price of $135 per share.
Elon Musk’s SpaceX intends to fix its IPO price at $135 per share in an unexpected move ahead of its investor roadshow to raise a
Cisco releases software tools to defend IT infrastructure against cybersecurity threats.
Cisco Systems on Tuesday revealed a new set of software tools that companies can use to create their own AI agents, or armies of bots,
Berkshire Hathaway to acquire Taylor Morrison for $6.8 billion in cash to grow its housing business.
To expand its housing business, Berkshire Hathaway agreed on Sunday to purchase Taylor Morrison Home Corp for $6.8 billion in cash. The deal is Berkshire’s
Elon Musk’s IPO-bound SpaceX gets a $4.16 billion US Space Force deal for threat-detection satellites.
The U.S. Space Force announced on Friday that it has given Elon Musk’s SpaceX, which is set to go public, a $4.16 billion contract for
The first Windows PC to run Nvidia chips will be released next week.
Axios reported on Saturday that Nvidia and Microsoft are to release the first Windows OS computers with Nvidia’s processors as the primary CPU next week.
Anthropic jets to a $965 billion valuation with the injection of $65 billion in new funding as Claude’s demand soars.
Anthropic, an artificial intelligence company, announced on Thursday that it has raised $65 billion in private funding, increasing its valuation to $965 billion. This staggering
Chinese online retailer Temu fined $232 million for hazardous toys and unsafe electronics.
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
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”
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