Oracle is generating significant revenue by renting out Nvidia GPU-powered servers, but its cloud computing business reports a gross margin far below market expectations.
The sovereign wealth funds of Abu Dhabi, Norway, and Singapore, along with global money managers including BlackRock Inc. and Fidelity International Ltd., have reportedly joined the...
OpenAI has completed an employee share resale transaction that boosted its valuation to US$500 billion, making it the world's largest startup. Companies including Japan's SoftBank...
Apple is shelving a significant redesign of its Vision Pro headset to fast-track the development of smart glasses, a move aimed at competing with Meta's expanding Ray-Ban AI eyewear...
LG Electronics Inc.'s Indian unit is preparing to launch its long-awaited initial public offering on October 7, 2025, targeting a valuation of up to INR774 billion (US$8.7 billion),...
Huawei is set to expand Ascend AI chip output, seizing on Nvidia's shrinking position in China as US export curbs and Beijing's security mandates squeeze the American company's market...
Apple has built an internal ChatGPT-like iPhone app to help test and prepare for a major overhaul of its voice assistant, Siri, Bloomberg reported. The app, code-named Veritas,...
Bloomberg, citing unnamed sources, reported that Intel has held preliminary talks with Apple about a possible investment in the struggling US chipmaker. The discussions,...
On September 17, Meta Platforms unveiled its first consumer-ready smart glasses with a built-in display, marking a significant push into AI-integrated wearables.
CoreWeave, the US AI data center operator, announced a US$6.3 billion deal with investor Nvidia that will guarantee demand for its cloud computing capacity through 2032.
Alibaba Group has announced plans to raise US$3.17 billion through zero-coupon convertible bonds, the largest transaction of its kind this year. The funds will primarily support the...
US Commerce Secretary Howard Lutnick expressed optimism on September 11, 2025, that a significant trade deal with Taiwan is within reach, raising hopes that temporary tariffs on Taiwanese...
Chinese regulators have launched a three-month campaign to curb false marketing and online misconduct in the automotive sector, the latest move to rein in unhealthy competition in...
The Economic Times, citing unnamed sources, reported that OpenAI is holding preliminary discussions with Indian data center firms, including Sify Technologies, Yotta Data...
Hewlett Packard Enterprise (HPE) reported third-quarter fiscal year 2025 revenue of US$9.1 billion, surpassing analyst estimates, driven by strong demand for AI servers and networking...
