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News
OpenAI Pushes Into Industry-Specific AI, Offers AI For Chip Design, Touts Cost Advantage Over Open-Source, CFO Says
3+ day, 4+ hour ago (653+ words) OpenAI is moving beyond general-purpose chatbots and into specialized business applications while cutting prices on lower-cost models, as the ChatGPT maker seeks to accelerate enterprise adoption and defend its position against Anthropic, Chinese AI developers and open-weight competitors. The shift…...
DeepSeek taps CITIC Securities for potential Shanghai IPO as AI funding race intensifies
3+ day, 4+ hour ago (694+ words) Chinese artificial intelligence startup DeepSeek has hired CITIC Securities to prepare for a potential initial public offering on Shanghai’s technology-focused STAR Market, as the AI developer seeks fresh capital to expand computing infrastructure and retain talent, two people familiar with…...
OpenAI Bets ChatGPT Can Become an AI Advertising Giant as CFO Makes Google-Meta Combination Comparison
4+ day, 5+ hour ago (919+ words) OpenAI is positioning ChatGPT to become a major advertising platform, with Chief Financial Officer Sarah Friar describing the chatbot as what might result “if Google and Meta had a baby” as the artificial intelligence company looks for new ways to…...
The Feds Took Their Best Shot at Big Tech??? Here???s Why They Missed
5+ day, 36+ min ago (511+ words) The Federal government’s campaign against Big Tech was supposed to mark a turning point in the relationship between Washington and Silicon Valley. For years, regulators and politicians had accused America’s largest technology companies of becoming too powerful, too influential and…...
Economist Roubini Turns More Bullish on AI Boom but Warns of Four Risks to U.S. Economy
6+ day, 10+ hour ago (898+ words) Dr. Doom’ sees a genuine global investment boom, but warns prolonged war, higher bond yields and market corrections could undermine the outlook Nouriel Roubini, the economist widely known as “Dr. Doom” for his long record of bearish market forecasts, has…...
Ethereum co-founder Vitalik Buterin Rejects Claim That AI Could Crash Bitcoin by 50%
6+ day, 7+ hour ago (455+ words) Ethereum co-founder Vitalik Buterin has firmly rejected a prediction that advances in artificial intelligence could undermine Bitcoin’s security and trigger a price drop of more than 50% within two years. In a direct response on X, Buterin said he takes the…...
Data Centers Become 2026 Election Issue as Local Backlash Threatens AI Buildout
6+ day, 10+ hour ago (1396+ words) Wall Street is now treating data-center politics as a risk to the artificial intelligence investment boom, with several closely contested U.S. House and Senate races being watched for their potential impact on projects planned by technology companies and hyperscalers. The issue…...
Foxconn Raises Third-Quarter Outlook as AI Server Demand Drives Record Revenue
1+ week, 8+ hour ago (975+ words) The Taiwanese company, formerly known as Hon Hai Precision Industry, said on Saturday that its visibility into the third quarter had improved from the previous month, with AI demand continuing to expand and information and communications technology products entering their…...
Moonshot AI Files Confidentially, Targets $3bn Hong Kong IPO
1+ week, 1+ day ago (956+ words) Beijing-based artificial intelligence startup Moonshot AI has confidentially filed for a Hong Kong initial public offering that could raise about $3 billion, three people familiar with the plans told Reuters. The filing has set up one of the most closely watched…...
ChipMango Raises $1.9 Million to Expand Semiconductor Talent And Accelerate Edge-AI Innovation
1+ week, 4+ day ago (519+ words) ChipMango, an AI-native semiconductor technology company has raised $1.9 million in funding to expand semiconductor talent, strengthen chip-design capabilities and accelerate innovation across the United States, Africa and Europe. The funding round was led by Atlantica Ventures VC Fund, with participation…...