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.

Ethereum Turns 10: A New Era of Institutional Adoption and Decentralized Growth

Ethereum has entered its second decade with renewed optimism, following years of underperformance and doubt about its long-term relevance. While its native token, ether...

Robinhood Surpasses Q2 Expectations with 45% Revenue Growth and Strong User Gains

Robinhood delivered better-than-expected second-quarter results, continuing its strong momentum as the top-performing large-cap U.S. tech stock of the year. The company reported earnings per...

OpenAI Launches First European Stargate AI Data Center in Norway

OpenAI announced the launch of a Stargate-branded AI data center in Norway, marking its first such initiative in Europe. The project will be developed...

Meta’s Reality Labs Posts $4.5 Billion Loss in Q2 Amid AR/VR Expansion

Meta’s Reality Labs division, responsible for developing augmented and virtual reality technologies, reported an operating loss of $4.53 billion for the second quarter. The...

Qualcomm Beats Q3 Expectations and Projects Strong Outlook Despite Apple Phase-Out

Qualcomm reported fiscal third-quarter results that exceeded analyst expectations, delivering adjusted earnings per share of $2.77 on revenue of $10.37 billion. Both figures narrowly...

Microsoft Hits $4 Trillion Market Cap After Strong Earnings, Joins Nvidia at the Top

Microsoft has surged into the exclusive $4 trillion market cap club, following a post-earnings rally that sent its shares soaring 8% in after-hours trading....

Figma Prices IPO at $33, Raising $1.2 Billion and Valuing Company at $19.3 Billion

Figma, the collaborative design platform, has officially priced its initial public offering at $33 per share, surpassing its projected range of $30 to $32....

eBay Shares Surge 10% After Strong Q2 Results and Positive Outlook

Shares of eBay jumped 10% in extended trading after the company posted stronger-than-expected results for the second quarter and issued an optimistic forecast for...

Mark Zuckerberg Commits to Sustained AI Investment Amid Industry-Wide Spending Surge

Meta CEO Mark Zuckerberg confirmed plans to maintain aggressive spending on artificial intelligence well into next year, aligning with similar moves by other leading...

Samsung Q2 Earnings Miss Expectations Amid Sharp Chip Profit Decline

Samsung Electronics reported a second-quarter operating profit of 4.7 trillion Korean won ($3.38 billion), falling short of analyst expectations due to a dramatic 93.8%...

Elon Musk’s Boring Company Faces Scrutiny Over Nashville Tunnel Project

Elon Musk’s tunneling company, The Boring Company, recently announced plans to build a 10-mile underground transit loop in Nashville, Tennessee, with strong backing from...

Nvidia Faces Heightened Scrutiny from China Amid H20 AI Chip Export Resumption

Nvidia has received approval from Washington to resume exports of its H20 AI processing units to China, yet the chips may encounter increased scrutiny...

AI-Generated ASMR Videos Offer Stress Relief and Sensory Escape

Yin Chenxi, a second-year postgraduate student, was working on her thesis when a video on the Chinese platform RedNote caught her attention. Tagged with...

India Becomes Top U.S. Smartphone Exporter, Surpassing China

India has officially surpassed China as the largest exporter of smartphones to the United States, marking a pivotal shift in the global electronics supply...

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