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.

Europe Invests Billions in AI Gigafactories to Regain Global Competitiveness

Europe is moving forward with ambitious plans to establish AI gigafactories as part of its strategy to revitalize its artificial intelligence sector and secure...

Google Agrees to EU AI Guidelines Amid Innovation Concerns

Google has announced its decision to sign the European Union’s voluntary code of practice for general-purpose AI models, a move intended to support broader...

AI Chip Startup Rebellions Secures Samsung Investment, Eyes $200M Funding Round

South Korean AI chip startup Rebellions has secured fresh investment from tech giant Samsung and is currently in the midst of raising up to...

PayPal Beats Q2 Estimates but Faces Profitability Concerns

PayPal posted stronger-than-expected results for the second quarter but saw its shares drop more than 8% as concerns over profitability metrics emerged. While the...

Spotify Shares Tumble on Weak Earnings and Guidance

Spotify shares fell more than 11% Tuesday, marking their worst single-day performance since July 2023. The sharp decline followed disappointing second-quarter results and weaker-than-expected...

Rare Earth Elements: A Strategic Battleground in the U.S.-China Trade War

Rare earth elements consist of 17 elements on the periodic table with unique atomic structures that grant them special magnetic properties. These materials are...

Meta Overhauls AI Strategy After Setbacks with Llama 4, Invests Billions in Talent and Tech

Meta’s attempt to compete with OpenAI by emulating innovations from a Chinese AI startup backfired, prompting a major overhaul of its artificial intelligence strategy....

Apple Launches Manufacturing Academy in Detroit to Boost U.S. Manufacturing Skills

Apple is responding to growing pressure to increase U.S.-based manufacturing by launching the Apple Manufacturing Academy in downtown Detroit. Scheduled to open in August,...

Cash App Launches Pools to Expand Peer-to-Peer Payments Beyond Its Network

Cash App, owned by Block, is taking a bold step to enhance its peer-to-peer payment services with the launch of Pools, a new feature...

Palo Alto Networks Explores $20 Billion Acquisition of CyberArk Amid Cybersecurity Boom

Shares of CyberArk surged 13% after reports emerged that Palo Alto Networks, a major player in cybersecurity, is considering a purchase of the identity...

Anthropic Eyes $3-5 Billion Funding Round at $170 Billion Valuation

Anthropic, a leading artificial intelligence startup and competitor to OpenAI, is currently in discussions to raise between $3 billion and $5 billion in a...

LG Energy Solution Signs $4.3 Billion Battery Supply Contract Amid U.S. Expansion

South Korea-based LG Energy Solution announced it has signed a $4.3 billion contract to supply batteries to a major corporation, though it has not...

Apple Launches Public Beta of iOS 26 Featuring Major Interface Redesign

Apple has released the public beta preview of iOS 26, the next version of its iPhone operating system. Available to iPhone users with recent...

Microsoft CEO Satya Nadella Reflects on 2025 Layoffs Amid AI Transformation

Microsoft has cut more than 15,000 jobs so far in 2025, a move that has weighed heavily on CEO Satya Nadella. In a memo...

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