artificial intelligence News

US Stock Market Soars as Tech Sector and Netflix Lead Gains

The US stock market closed higher, driven by President Trump's AI infrastructure plan and Netflix's record subscriber growth. Major indexes saw significant gains, with the tech sec...

WTO Director-General Advocates for Decentralized Supply Chains for Economic Resilience

WTO Director-General Ngozi Okonjo-Iweala calls for the decentralization of supply chains to enhance economic resilience and job creation, while also emphasizing the transformative ...

FTC Flags Antitrust Issues in Microsoft-OpenAI Collaboration: A Threat to Fair Competition?

The FTC has raised antitrust concerns over the Microsoft-OpenAI collaboration, fearing it could hinder fair competition by creating monopolistic barriers and depriving start-ups of...

TSMC's Profits Skyrocket: A Deep Dive into the Semiconductor Giant's Stellar Earnings

TSMC forecasts a 58% surge in net income to $11.4 billion, following a record-breaking quarterly revenue of $26.4 billion, driven by global semiconductor demand and AI advancements...

Adebayo Ogunlesi, a Global Finance Heavyweight, Joins OpenAI's Board to Shape the Future of AI

OpenAI appoints Adebayo Ogunlesi, a global finance leader with extensive experience in infrastructure investment and strategy, to its Board of Directors. Ogunlesi's expertise is ex...

Amazon Web Services Commits $5 Billion to Fuel Mexico's Tech Revolution

Amazon Web Services (AWS) announces a $5 billion investment in Mexico, aiming to boost the country's GDP by $10 billion and support over 7,000 jobs annually. This move highlights A...

How Trump 2.0 and Global Uncertainties Could Reshape International Trade in 2025

In 2025, international trade is expected to undergo significant changes due to geopolitical tensions, potential US-led trade wars, China's industrial overcapacity, sustainability d...

Indian AI Startups Attract Significant Venture Capital Investments in 2025

In 2025, Indian AI startups are drawing significant attention from venture capital investors, thanks to their expanding use cases beyond enterprise tech to consumer-focused solutio...

Technovate Goa: Pioneering India's Tech Revolution with Innovation and Leadership

Technovate Goa Edition, organized by The Times of India and Talrop, brought together innovators to democratize technology and build a thriving ecosystem of innovation across India....

Vietnam Nets $341M from Foreign Suppliers in 2024, Marking a 26% Tax Revenue Surge

Vietnam achieved a significant milestone by collecting $341M in taxes from foreign suppliers in 2024, marking a 26% increase. Despite challenges in cross-border e-commerce tax mana...

S&P 500 Hits Record High in 2024 Despite Year-End Stock Dip

In 2024, the US stock market experienced significant growth, with the S&P 500 achieving a 23.8% gain, despite a slight downturn on the final trading day. Advances in artificial int...

OpenAI Transitions to For-Profit Model Amidst Growing Financial Demands

OpenAI announces a significant shift from a non-profit to a for-profit model, driven by the need for increased funding to support its AI research and development initiatives. This ...

Intel Narrows Down Potential Buyers for Altera Chip Division

Intel Corporation has reportedly shortlisted potential acquirers for its Altera chip division, with private equity firms and Lattice Semiconductor Corp. among the interested partie...

Oman's Sovereign Wealth Fund Invests in Elon Musk's AI Venture

The Oman Investment Authority has acquired a stake in Elon Musk's artificial intelligence company XAI, expanding its portfolio which already includes shares in Musk's SpaceX.

SoftBank to Invest $100 Billion in U.S., Trump Announces Job Creation

President-elect Donald Trump announces SoftBank's plan to invest $100 billion in the U.S., aiming to create 100,000 AI-focused jobs. This follows a previous $50 billion pledge by S...

Lockheed Martin Launches Astris AI to Revolutionize Defense Industry with AI

Lockheed Martin forms Astris AI to assist U.S. defense companies in adopting AI, reflecting a growing trend across sectors. Despite the sensitivity of defense data, recent partners...

xAI's Grok-2 Chatbot Goes Free: What You Need to Know

Elon Musk's xAI offers free access to its new Grok-2 chatbot on social media platform X. Premium and Premium+ users will benefit from higher usage limits and early access to new fe...

Apple and Broadcom Join Forces to Develop Cutting-Edge AI Server Chip

Apple Inc. is reportedly working with Broadcom Inc. to develop a specialized server semiconductor for AI applications, expected to be ready by 2026 and intended for internal use.

OpenAI Mulls Overhaul of Microsoft Investment Terms

OpenAI is reportedly considering changes to its investment terms with Microsoft Corp., its largest investor, to allow for increased investment even after the achievement of artific...