Tag: "AI"

Business

Nvidia and AI Boom Drive Wall Street’s Three-Year Winning Streak

Wall Street has wrapped up 2025 on a high note, achieving a third consecutive year of annual gains, despite ending the final trading session...

Business

Future of AI: Why Asia’s Wealthiest Are Betting on Infrastructure

The global trend of investing in artificial intelligence (AI) shows no signs of slowing down, as one of Asia’s wealthiest families strengthens its position...

Business

Blaming AI for Layoffs: Innovation or Convenient Cover-Up ?

Artificial intelligence (AI) has been a transformative force across industries, promising to revolutionize workflows and enhance efficiency. However, as companies increasingly announce layoffs citing...

Business

Foxconn’s AI Server Business Fuels 27% Profit Surge in Q2

Foxconn, the world’s largest contract electronics maker and a key manufacturer of Apple’s iPhones, reported a remarkable 27% year-over-year increase in its second-quarter operating...

Business

Datacenter Growth Buoys AMD Despite AI Revenue Decline

Advanced Micro Devices (AMD) saw its shares decline by more than 5% following the release of its second-quarter results, which revealed an earnings miss...

Business

Google Partners with PJM to Strengthen AI Infrastructure with $25 Billion Investment

In a bold move to expand its technological capabilities, Google has announced a $25 billion investment in data centers and artificial intelligence (AI) infrastructure...

Business

ElevenLabs Prepares for IPO, Targets New Hubs in Europe, Asia, and South America

ElevenLabs, a London-based AI voice generation startup, is accelerating its global expansion plans as it prepares to go public within the next five years....

Business

WWDC 2025 Recap: Liquid Glass Shines While AI Lags Behind

Apple’s highly anticipated Worldwide Developers Conference (WWDC) 2025 has left fans and investors with mixed feelings. While the tech giant continues to dominate headlines,...

Business

AI Demand Powers TSMC’s 60% Profit Jump as Trade Challenges Mount

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has reported impressive first-quarter results for 2025, signaling resilience in the face of geopolitical...

Business

Nvidia Faces $5.5 Billion Charge Amid U.S.-China AI Chip Trade Tensions

Nvidia, a global leader in high-performance graphics processing units (GPUs) and AI chips, announced that it will record a $5.5 billion quarterly charge tied...

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