Nvidia is scaling back the financial support it had been expected to provide for a massive OpenAI data center project in Ohio, marking a significant change in the financing structure of one of the largest artificial intelligence infrastructure developments announced so far. The chipmaker is now expected to initially guarantee less than $120 billion for …
Australia’s under-16 social media ban is facing fresh scrutiny as major technology companies urge lawmakers to be cautious about drawing firm conclusions from the first set of compliance figures. Representatives from Meta, Google, Snapchat and TikTok appeared before a Senate inquiry as lawmakers examined whether the landmark restrictions are achieving their intended purpose and whether …
Alphabet’s early investment in SpaceX has grown into one of the most striking examples of long-term technology investing, with the Google parent’s stake valued at roughly $94 billion as of June 30, 2026. Alphabet originally invested about $900 million in Elon Musk’s space company in 2015, meaning the value of that investment has increased more …
Apple has trained a large language model specifically for the Chinese market with support from Alibaba, marking a significant shift in how the company plans to deliver artificial intelligence features to users in China. The move could give Apple greater control over the AI capabilities built into its devices while helping the company navigate China's …
Britain is beginning to see clearer economic benefits from the global artificial intelligence boom, with new data pointing to rapid growth in technology-related industries and a sharp increase in investment in computer hardware. The latest figures suggest that AI is moving beyond the technology sector itself and becoming a more visible part of the wider …
For years, the notion of Microsoft withdrawing from China seemed almost inconceivable. Back in 2010, when Google made the decisive choice to exit the Chinese market over censorship and cybersecurity concerns, Microsoft’s leadership viewed the move as an overreaction. Bill Gates and then-CEO Steve Ballmer publicly questioned Google’s decision, framing it as unnecessarily drastic. At …
The world was closely observing Australia's pioneering News Media Bargaining Code when it was launched in 2021. This was a government that wanted to stand up to the big tech companies in the world and demanded them to pay for the news material that helps them with their advertising income and their user base. Fast …
The Japanese gaming giant Nintendo has officially confirmed its entry into Indonesia's gaming market, announcing plans to launch both the Nintendo Switch and Nintendo Switch 2 consoles across the archipelago this December. This strategic move marks the company's first official presence in Southeast Asia's largest economy, signalling a significant shift in how Indonesian gamers will …
When a company that once defined an industry decides to sell $15 billion worth of its own stock, it's worth paying attention. That's exactly what Intel announced this week, and while the news initially sent shares down more than 4% in early trading, the bigger story here isn't about a single day's market reaction. It's …
Meta Platforms has unveiled its latest AI model, Muse Glimmer, on Monday, a major advancement in the company's AI trajectory. Muse Glimmer is a more different approach from the large and resource-heavy ones that have been in the news lately. It's built to carry out agentic tasks directly on personal computers and Macs, making it …
The AI revolution is in a pivotal new stage, with chipmaker Nvidia working with some of the world's most powerful financial institutions to create a massive $500 billion package for building AI hardware infrastructure. The unprecedented partnership brings together financial giants such as Apollo Global, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs …
On Monday, Wall Street's sense of the enduring strength of the current bull market was boosted by J.P. Morgan's year-end upgrade to its forecast for the S&P 500 to 8,000, from its previous level of 7,800. This revision followed an increase in corporate earnings and as the investment bank believes that the massive investments being …
In a historic move marking a new phase of cooperation in the semiconductor industry, Sony Group and Taiwan Semiconductor Manufacturing Company (TSMC) have announced a joint investment of about one trillion yen (approximately $6.32 billion) in a new joint venture for the manufacturing of next-generation image sensors. The announcement, first reported in the Nikkei business …
In a significant development for the Chinese technology landscape, Apple has officially outlined how Mac users in mainland China can integrate Alibaba's Qwen artificial intelligence service with their devices. The recently published guide details the connection process between Qwen and Apple's native features, including the Siri digital assistant and the Writing Tools functionality. This strategic …
