Amazon, the well-known online shopping and technology company, has announced a big plan to invest $20 billion in Pennsylvania. This money will be used to build more data centers, which are like giant computer storage spaces that help run cloud services. Cloud services let people and businesses store information and use software over the internet …
The world of cryptocurrency is seeing a big surge in interest, with more people than ever putting their money into crypto funds. According to the latest data, the total value of assets held in these funds reached a record high in May. Investors are turning to digital currencies like Bitcoin not just for quick gains …
Apple is gearing up for what could be one of its most visually transformative announcements in years at the upcoming Worldwide Developers Conference (WWDC) 2025. Scheduled for Monday, June 9 at 10 a.m. Pacific Time (6 p.m. UK), this year’s event is less about unveiling new gadgets and more about reimagining the software that powers …
OpenAI, the company behind the popular AI tool ChatGPT, is fighting against a court order that requires it to keep records of ChatGPT’s responses forever. This order came after The New York Times sued OpenAI, claiming that the company used its news articles to train ChatGPT without permission. OpenAI says following this order would break its promise …
The Asia Pacific region is becoming a key area for growth in the private credit market, according to JPMorgan Chase. Serene Chen, who leads the bank’s credit, currency, and emerging market sales in Asia Pacific, shared this view recently. She explained that the bank has been working on expanding its private credit business in the …
Reddit, the popular social media platform, faced a major outage that left thousands of users unable to access its services. The issue started earlier in the day, causing frustration among many people who rely on the site for discussions, news, and community interactions. According to reports, nearly 31,000 users experienced problems at the peak of …
In a big move for clean energy, Meta has signed a deal with Constellation Energy to help keep a nuclear power plant in Illinois running for the next 20 years. This is the first time Meta has made such an agreement with a nuclear facility. The deal is important because big tech companies like Meta …
A French search engine called Qwant has asked the country’s competition watchdog to step in and take temporary action against Microsoft. According to sources familiar with the matter, Qwant claims that Microsoft’s Bing search platform has been lowering the quality of its search results. Qwant, which has been using Bing’s technology for its searches, believes …
The world of artificial intelligence (AI) is changing fast, and one area where it’s making a big impact is in software development. Even though many AI projects are still trying to prove their worth, tools that help write computer code are becoming extremely popular. These AI-powered coding assistants, often called “code-gen” startups, are now worth …
A recent report reveals that Meta, the company behind popular social media platforms like Facebook and Instagram, is working on a big change in how ads are created and shown to users. By the end of 2026, the company wants to use artificial intelligence (AI) to handle almost every part of advertising, making it fully …
Microsoft, one of the biggest tech companies in the world, has decided to invest a huge amount of money—$400 million—in Switzerland. This investment will help improve the country’s technology in two major areas: artificial intelligence (AI) and cloud computing. The announcement was made during a meeting between Switzerland’s Economy Minister, Guy Parmelin, and Microsoft’s Vice …
Apple is not happy with a recent order from the European Union that asks the company to open up its software and services to rival companies. The EU believes this will create fair competition in the tech industry, but Apple argues that the rules are unfair and could harm user privacy and innovation. In March, …
Artificial intelligence company Anthropic has achieved an impressive milestone by reaching $3 billion in annualized revenue, according to sources familiar with the matter. This rapid growth highlights the increasing demand for AI tools in the business world. Just five months ago, in December 2024, the company’s annualized revenue was around $1 billion. By the end …
In recent times, more and more companies in the US and around the world have started buying Bitcoin as part of their financial strategy. One of the biggest names leading this trend is Michael Saylor’s company, which has seen massive growth since it began investing heavily in Bitcoin. However, while some businesses are jumping on …
