Former Yandex CEO Volozh returned with an AI infrastructure project after Russia broke up
Arkady Volozh, founder of Nebius and former CEO of Yandex, wants to make Nebius a major AI infrastructure company. Since a $5.4 billion deal freed...
AI’s Financial Results Paradox
There's no doubt that generative AI affects business, but companies find it challenging to justify investments without clear metrics. This makes cautious adoption the norm,...
OpenAI’s Latest AI Project ‘Strawberry’ Unveiled: Report
OpenAI is working on a new AI model called "Strawberry" to give AI tools more complicated, human-like reasoning. According to reports, OpenAI is working on...
NVIDIA Predicts Big Profits from AI GPUs, Targets $4 Trillion Value
Even though supply problems and antitrust investigation are happening, NVIDIA wants to reach a $4 trillion market cap by giving investors a lot of money...
AI Boom Pushes Taiwan’s TSMC to New Heights, Joins Trillion-Dollar Club
TSMC's stock has reached all-time highs. Its market value has now surpassed $1 trillion, making it Asia's most valuable business. Thursday, Taiwan's TSMC hit a...
China Tops Global List in Generative AI Use
83% of Chinese business leaders use generative AI, making it the most popular type of AI in the world. A new survey shows that China...
Oracle Stock Falls as Musk’s xAI Backs Out of Cloud Deal
Oracle stock drops 4.8% after Elon Musk's xAI backs out of a $10 billion cloud deal. The price of Oracle shares dropped as much as...
AI Surge Transforms Wall Street: TSMC Hits Trillion-Dollar Mark
TSMC became the seventh most valuable tech company by passing Tesla in value and joining the club of companies worth a trillion dollars. In this...