DeepSeek Raises $15 Billion to Compete with US AI Leaders

The Chinese AI company DeepSeek has raised about 100 billion yuan ($15 billion) in a recent…

Investors Question AI Boom as Capital Spending Slows

Investors are increasingly skeptical about the sustainability of the artificial intelligence (AI) boom, as concerns about…

Nokia Q3 Profit Surges 35% Driven by AI and Cloud Demand

Networking technology company Nokia reported a 35% increase in adjusted operating profit for the third quarter.…

Nvidia Commits Nearly $10 Billion to German AI Initiatives

Nvidia CEO Jensen Huang announced a commitment of nearly $10 billion (€8.9 billion) to support companies,…

Trump Suggests Dividends for Communities with Data Centers

President Donald Trump suggested that technology companies should pay dividends to communities hosting AI data centers.…

Nvidia’s Huang Urges Europe to Accelerate AI Adoption

Nvidia CEO Jensen Huang urged European industries to adopt artificial intelligence (AI) more quickly during a…

Meta Moves Q3 Earnings Report Up Amid Muse AI Enthusiasm

Meta Platforms Inc. has moved its third-quarter earnings report to October 21. This is a week…

Anthropic Negotiates $45 Billion AI Deal with Nscale

Anthropic is in talks to secure a second artificial intelligence computing deal with Nscale. This deal…

Nvidia’s Huang Urges Germany to Accelerate AI Adoption

Nvidia CEO Jensen Huang warned that Germany is falling behind in the artificial intelligence (AI) race…

Anthropic Commits 5% of Shares to Public Benefit Fund

Anthropic has announced it will commit 5% of its shares to a new fund aimed at…