Nvidia Shares Plummet 7% Amid $5.5B Export Loss Warning to China
Nvidia's shares dropped over 7% after warning of a $5.5 billion loss due to US export restrictions on high-end chips to China, as revealed in an SEC filing. The stock fell to $112....
artificial intelligence News
Nvidia Shares Plummet 7% Amidst $5.5B Export Loss Warning Due to US Tariffs
Nvidia's shares fell over 7% after warning of a $5.5 billion sales loss due to new US tariff restrictions on high-end chip exports to China, as revealed in an SEC filing.
ASML Reports Staggering 45% Net Sales Growth to €7.7 Billion in Q1 2025
ASML Holding NV reported a 45% increase in net sales to €7.7 billion in Q1 2025, with net income doubling to €2.4 billion. The company forecasts Q2 sales between €7.2 billion and €...
ASML Reports Stunning 45% Surge in Q1 Net Sales, Reaching €7.7 Billion
ASML Holding NV reported a 45% increase in Q1 net sales to €7.7 billion, with net income doubling to €2.4 billion. The company remains optimistic about growth in 2025 and 2026, des...
ASML Reports Stellar 45% Surge in Q1 Net Sales to €7.7 Billion, Eyes Growth in AI-Driven Market
ASML Holding NV announced a 45% increase in Q1 net sales to €7.7 billion, with net income doubling. The company remains optimistic about growth in 2025 and 2026, driven by artifici...
Nvidia Shares Plummet 7% Amid $5.5 Billion Export Loss Warning to China
Nvidia's shares dropped over 7% in premarket trading after the company warned of a $5.5 billion loss due to US restrictions on chip exports to China, including the H20 model, as re...
ASML's Q1 Financial Surge: Net Sales Leap 45% to €7.7 Billion Amid AI Boom
ASML Holding NV announces a 45% increase in Q1 net sales to €7.7 billion, with net income doubling. The company remains optimistic about growth in 2025 and 2026, despite macroecono...
ASML Reports Stunning 45% Surge in Q1 Net Sales to €7.7 Billion Amid AI Boom
ASML Holding NV announced a 45% increase in Q1 net sales to €7.7 billion, with net income doubling to €2.4 billion. The company remains optimistic about growth in 2025 and 2026, de...
ASML Reports Stellar Q1 Performance with a 45% Surge in Net Sales to €7.7 Billion
ASML Holding NV announces a 45% increase in Q1 net sales to €7.7 billion, with net income doubling to €2.4 billion. The company remains optimistic about growth in 2025 and 2026, de...
Exclusive: OpenAI Ventures into Social Networking with a ChatGPT-Powered Platform
OpenAI is reportedly developing a new social network powered by ChatGPT's image-generation capabilities, featuring a social feed. The project's launch details and operational model...
Elon Musk Predicts AI Will Surpass Human Reasoning Capabilities in the Near Future
Elon Musk predicts AI will soon surpass human reasoning, citing xAI's Grok-3 Mini's perfect scores on tough reasoning tests. This advancement prompts discussions on AI's future imp...
OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week
OpenAI is reportedly launching new AI models, o3 and o4-mini, capable of generating ideas and analyzing data across multiple fields, with outputs requiring user verification for po...
OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week
OpenAI is reportedly launching its new o3 and o4-mini AI models this week, capable of generating ideas and analyzing data across multiple fields, though user verification of output...
OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week
OpenAI is reportedly launching its new o3 and o4-mini AI models this week, capable of generating ideas and analyzing data across multiple fields, though user verification of output...
OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week
OpenAI is reportedly launching new o3 and o4-mini AI models this week, capable of suggesting innovative ideas by combining information from multiple fields, though outputs will nee...
Elon Musk Predicts AI Will Surpass Human Reasoning Capabilities in Near Future
Elon Musk announces on X that AI will soon surpass human reasoning, sparking discussions on the future implications of AI advancements across various sectors.
Nvidia Unveils Plan to Manufacture Cutting-Edge AI Supercomputers in the United States
Nvidia Corp. announces a strategic partnership to produce AI supercomputers in the U.S., aiming to strengthen the country's position in the global AI technology race and stimulate ...
OpenAI Strikes Back: Counter-Sues Elon Musk Amidst Allegations of Control and Profit Motives
OpenAI Inc. is counter-suing Elon Musk, accusing him of bad-faith tactics and attempting to control the company for profit. The lawsuit follows years of conflict, including Musk's ...
Google Unveils Gemini 2.5 Flash AI: A Leap Forward in Cost-Efficient and Intelligent Models
Google announces Gemini 2.5 Flash AI, offering enhanced control and cost efficiency. This latest model continues Google's legacy of AI innovation, powering billions of users across...
Oracle Faces Pressure to Complete Massive OpenAI Data Center in Texas Amid Stargate Project
Oracle is under pressure to complete a massive data center in Texas for OpenAI, part of the $500 billion Stargate project to boost US AI dominance. The facility, size of 17 footbal...
Oracle Faces Pressure to Complete Massive OpenAI Data Center in Texas Amid Stargate Project
Oracle is under pressure to complete a massive data center in Texas for OpenAI, part of the $500 billion Stargate AI project initiated by Donald Trump, aiming to strengthen the US'...
CBDT Achieves Milestone with Record 174 Advance Pricing Agreements in FY25
The Central Board of Direct Taxes (CBDT) has set a new record by signing 174 Advance Pricing Agreements (APAs) in FY25, totaling 815 APAs. This initiative aims to simplify transfer...
Rajneet Kohli Takes the Helm at HUL’s Foods Division: A New Era Begins
Rajneet Kohli, former Britannia CEO, joins HUL as Executive Director, Foods, replacing Shiva Krishnamurthy. Effective from April 7, Kohli's leadership is anticipated to innovate HU...
Nvidia Nears Historic Acquisition of Lepton AI to Revolutionize Cloud and AI Model Deployment
Nvidia is close to acquiring Lepton AI, an AI-managed cloud tool, to boost its cloud and software business. Lepton AI has served game and scientific research startups, with founder...
Mitsubishi and JFE Forge Ahead with a Groundbreaking AI Data Center in Kawasaki
Mitsubishi Corp. and JFE Holdings Inc. are collaborating on a cutting-edge data center in Kawasaki, Japan, with an investment of up to ¥150 billion. The facility, featuring high-pe...
Six Major Entities Settle FPI Rule Violations with Sebi, Marking a Significant Compliance Milestone
Six entities, including Acacia Partners, have settled an FPI rule violation case with Sebi for Rs 4.1 crore, without admitting or denying the findings. Stay updated with business n...
SoftBank and OpenAI to Revolutionize AI Operations at Former Sharp Plant
SoftBank Group Corp. is acquiring a Sharp Corporation facility to establish an AI agent center with OpenAI Inc., aiming for operations to start by 2026. This move signifies a major...
OpenAI Reports Unprecedented Demand Across All Segments, Highlighting ChatGPT's Massive User Base
OpenAI's Oliver Jay discusses the company's overwhelming demand across all segments, with ChatGPT reaching over 400 million weekly active users. Singapore leads in ChatGPT usage pe...
OpenAI Reports Unprecedented Demand Across All Sectors in Global Markets
OpenAI's Managing Director of International Strategy, Oliver Jay, discusses the overwhelming demand for OpenAI's products globally, highlighting Singapore's leading role in ChatGPT...
Rocket Companies to Revolutionize Real Estate with $1.75B Redfin Acquisition
Rocket Companies announces a $1.75B acquisition of Redfin, aiming to revolutionize the real estate and fintech sectors by enhancing consumer experiences with AI and integrated data...
South Korea Announces Massive 100 Trillion Won Investment to Lead in AI and Semiconductor Technology
South Korea commits 100 trillion won to strengthen its position in advanced strategic industries like semiconductors and AI, responding to global trade tensions and technological c...
Together Fund Targets 25 AI Startups for Rapid Revenue Growth and Innovation
Together Fund is investing in 25 AI startups, focusing on rapid revenue growth and innovation in AI applications and infrastructure. With a $150 million fund, it aims to support st...
