Tag: artificial intelligence

Chinaearningsstock marketCulture and HeritageChinese Cultureartificial intelligenceChina Heritagesemiconductorsculture

Judge Rules Trump Administration Illegally Blacklisted AI Firm Anthropic

A federal judge ruled Thursday that the Trump administration illegally blacklisted AI company Anthropic in retaliation for criticising the Pentagon.

Anthropic Unveils Model Hardware Standard Letting AI Agents Operate Machines

Anthropic launched the Model Hardware Standard on August 27, a research-preview framework letting AI agents operate physical devices, with open sourcing pl

CrowdStrike Jumps 11% on Record Quarter as AI Fears Drive Cyber Demand

CrowdStrike shares rose about 11% on August 26 after a record quarter, with rising AI threats driving demand for advanced cybersecurity tools.

Nvidia Revenue Doubles to $96.2 Billion as AI Chip Demand Surges

Nvidia reported Q2 revenue of $96.22 billion, more than double a year earlier, as AI chip demand beat Wall Street forecasts. Shares slipped in after-hours

MiniMax Revenue Surges 283% to $116.6 Million on Enterprise Demand

Chinese AI firm MiniMax posted a 283% jump in first-half revenue to US$116.6 million, led by a 700% rise in enterprise sales, but trailed annual forecasts.

Bill Gates Urges ‘Human Reserved’ Jobs to Shield Up to 40% From AI

Bill Gates called in an August 26 essay for legally protecting certain jobs from AI, with reports citing up to 40% of roles reserved for humans.

Alibaba to Raise $10 Billion in New Shares for AI Buildout

Alibaba said on Sunday it will issue HK$80 billion (about $10.2 billion) in new Hong Kong shares, directing all proceeds to AI infrastructure.

Griffin Says Citadel Shed Over $4 Billion of Situational Awareness Bets

Ken Griffin told clients on August 21 that Citadel unwound more than 80% of the risk from its Situational Awareness acquisition, selling over $4 billion in

Stripe to Buy AI Model Gateway OpenRouter in Fintech’s Deeper AI Push

Stripe said on August 19 it agreed to acquire OpenRouter, an AI model gateway for developers, extending the payments firm's reach into the AI market.

CFTC Seeks Public Comment on Computing Power Derivatives as AI Demand Surges

The U.S. CFTC has opened a public consultation on derivatives tied to computing power as demand for AI infrastructure drives interest in the resource as a

Baidu Misses Quarterly Estimates as Ad Revenue Falls 19%, Shares Slide

Baidu reported weaker-than-expected quarterly revenue and earnings as advertising sales fell 19%, sending shares lower amid its costly pivot to AI and Erni

Alibaba Sells Gaming Arm Lingxi to Trustar Capital in $2 Billion Deal

Alibaba has agreed to sell gaming arm Lingxi Games to Trustar Capital in a deal reportedly worth over $2 billion as it prioritizes AI and e-commerce.

Meta Releases Open-Source Muse Glimmer Model as Zuckerberg Warns of AI Concentration

Meta released its open-source Muse Glimmer AI model as CEO Mark Zuckerberg warned against concentrating advanced AI under a few companies or governments.

Nvidia Signs $500 Billion Wall Street Deal to Fund AI Infrastructure

Nvidia has partnered with six Wall Street firms including Apollo, BlackRock, Goldman Sachs and KKR to raise over $500 billion for AI infrastructure.

- A word from our sponsors -

spot_img

Follow us

HomeTagsArtificial intelligence