AI - Artificial Intelligent

AI Spending Breakdown for AMZN, GOOGL, MSFT, and META in 2024

AI Investment Surges: Big Tech’s Massive 2024 AI Spending Plans In 2024, artificial intelligence (AI) is more than a buzzword—it’s a battleground. Major tech giants like Amazon (AMZN), Alphabet (GOOGL), Microsoft (MSFT), and Meta Platforms (META) are pouring astronomical amounts of money into AI development, infrastructure, and innovation. As the AI arms race accelerates, these […]

Leading U.S. Industries Facing the Most Layoffs in 2025

Introduction: A Turbulent Year for the U.S. Workforce 2025 has brought significant waves of change across the American workforce, and job cuts have taken center stage in several major industries. Tech giants like Microsoft, Amazon, and Intel have all announced sweeping layoffs, contributing to a nationwide trend that’s shaking up corporate America. This year’s data […]

Inside the Global Summit Where China Promoted Its AI Strategy

China’s Strategic Push Toward Global AI Dominance As the global race for artificial intelligence (AI) supremacy accelerates, China is quietly architecting a bold and far-reaching AI agenda behind closed doors—largely without influence or input from the United States and other major Western powers. This maneuver sets the stage for a significant power shift, not just […]

Palo Alto Networks to acquire CyberArk in $25 billion deal

Palo Alto Networks Expands Cybersecurity Portfolio with CyberArk Acquisition In a strategic move to broaden its reach in the security ecosystem, Palo Alto Networks has made headlines by announcing a deal to acquire identity security leader CyberArk. This acquisition marks one of the most significant mergers in the cybersecurity space this year and reflects the […]

Bowen Zhang, multimodal AI researcher at Apple, to join Meta’s superintelligence team

Bowen Zhang’s Strategic Move: From Apple to Meta’s Superintelligence Team In a significant shuffle within Silicon Valley’s elite AI talent pool, Bowen Zhang, a leading multimodal AI researcher at Apple Inc. (NASDAQ: AAPL), is reportedly set to join Meta Platforms Inc.’s (NASDAQ: META) ambitious superintelligence team, according to Bloomberg. This move is poised to amplify […]

Tesla’s $16.5bn deal falls short of sparking a turnaround at Samsung

Samsung Struggles to Catch Up in Foundry Race With TSMC Overview of the Semiconductor Foundry Market The global semiconductor industry is in the midst of a historic transformation, spurred by advances in artificial intelligence, consumer electronics, and high-performance computing. At the center of this revolution are two dominant players in chip foundry services: Samsung Electronics […]

US-German AI Drone Firm Set to Deliver Tens of Thousands of Strike Kits to Ukraine

Auterion Commits Tens of Thousands of Smart Drone Strike Kits to Ukrainian Forces As the war in Ukraine continues to evolve, so does the role of advanced technology on the battlefield. In a major development, US-German software company Auterion has announced plans to deliver tens of thousands of artificial intelligence-powered drone “strike kits” to Ukraine. […]

China suggests creation of international AI cooperation body

China Proposes Global Cooperation on AI Amid Growing Tech Rivalry In an increasingly AI-driven world, China has taken a bold step to propose a new international organization aimed at fostering global cooperation on artificial intelligence. This announcement, made on Saturday, signals Beijing’s ambitions to position itself as a global leader in AI governance — offering […]

Goldman Sachs Backs Investment Round for AI Legal Software Firm LegalOn

Goldman Sachs Alternatives Leads LegalOn’s Impressive $50M Series E Funding Round In a move that reinforces the rapidly growing synergy between law and artificial intelligence, LegalOn Technologies Inc. has secured a significant $50 million in Series E funding. The funding round was led by Goldman Sachs Alternatives, the alternative investing division of the financial powerhouse, […]

Amazon Set to Acquire AI Wearable Company Bee

Amazon’s Strategic Leap Into Wearable AI In a bold move that further signals its ambitions in the wearable technology space, Amazon is reportedly acquiring Bee, a cutting-edge startup known for its AI-powered bracelet. This deal, while still unconfirmed officially, could serve as a turning point in Amazon’s ongoing push to integrate artificial intelligence more directly […]