Technology

Nvidia Buys Hugging Face for $13 Billion, Keeping It Open Source

Nvidia agreed to acquire AI platform Hugging Face for $12.93 billion, pledging to keep the developer hub open source and independent of its own hardware.

Gloria Steinem, Feminist Icon and Ms. Magazine Co-Founder, Dies at 92

Gloria Steinem, journalist, activist and co-founder of Ms. Magazine, died at 92 at her New York City home, her foundation said Wednesday.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Iran Strikes US Bases in Kuwait as Trump Warns War Won’t Last Long

Kuwait's military intercepted Iranian missiles and drones Thursday as Tehran widened its retaliation against U.S. bases, with Trump warning strikes could r

Trump Confirms Xi Washington Visit This Month, Touts US Lead in AI Race

Trump said on Wednesday that Xi Jinping will visit Washington this month, calling the summit exciting and claiming a US lead in artificial intelligence.

Salesforce Stock Falls After Q2 Earnings Despite AI Growth

Salesforce faced another setback as its stock dropped nearly 5% following a cautious revenue forecast in its latest quarterly earnings report, extending its 2025...

Sierra AI Startup Reaches $10 Billion Valuation After $350M Funding

Bret Taylor’s artificial intelligence startup, Sierra, has reached a milestone with a $10 billion valuation after securing $350 million in new funding. This places...

Waymo to Launch Autonomous Robotaxi Service at San Jose Airport

Alphabet’s autonomous vehicle unit, Waymo, is preparing to launch test rides for its robotaxis at San Jose Mineta International Airport in California this fall....

OpenAI Expands in India with ChatGPT Growth and Local Initiatives

OpenAI is rapidly expanding its presence in India, recognizing the country as a critical market for its ChatGPT product. India’s large and youthful population...

OpenAI Launches AI Jobs Platform and Expanded Certification Programs

OpenAI has announced plans to launch an AI-focused jobs platform aimed at connecting qualified candidates with companies, part of a broader strategy to expand...

Tesla Proposes $975 Billion Pay Plan for CEO Elon Musk

Tesla has proposed an unprecedented pay plan for CEO Elon Musk, seeking shareholder approval for a package that could be worth nearly $975 billion...

Broadcom Shares Soar as $10 Billion AI Customer Boosts Growth Outlook

Broadcom shares surged 9.4% after the chipmaker revealed it had secured a new $10 billion customer, widely believed by analysts to be AI startup...

EU Slaps Google with $3.45 Billion Antitrust Fine Over Adtech Practices

Google has been hit with a 2.95-billion-euro ($3.45 billion) antitrust fine by European Union regulators over alleged anti-competitive practices in its advertising technology business....

Roblox Launches Short-Video and AI Tools Amid Child Safety Scrutiny

Roblox has unveiled new short-video and artificial intelligence features as the company faces heightened scrutiny over child safety on its platform. The new short-video...

Anthropic Settles AI Copyright Lawsuit for $1.5 Billion

Anthropic has reached a settlement to pay at least $1.5 billion in a class action lawsuit filed by a group of authors who alleged...

Tech Stocks Surge $420 Billion Amid Antitrust Wins, AI Deals, and Tesla Pay Plan

It was a strong week for U.S. tech investors as major developments in antitrust, artificial intelligence, and executive pay boosted market sentiment. Alphabet and...

FTC Commissioner Questions Status of AI Chatbot Complaint Against Snap

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised concerns regarding the status of a non-public complaint involving Snap’s My AI chatbot, which the agency...

AppLovin and Robinhood to Join S&P 500, Shares Jump

Shares of advertising technology firm AppLovin and stock trading platform Robinhood Markets surged roughly 7% each in extended trading after S&P Global announced that...

Palo Alto Networks to Acquire CyberArk in $25 Billion Cybersecurity Deal

Palo Alto Networks has announced plans to acquire Israeli identity security firm CyberArk in a deal valued at approximately $25 billion. Under the agreement,...

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