Advanced Micro Devices Inc

TSMC posts record profits on continued AI demand

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TSMC’s AI Chip Dominance: A Look at the Future of Semiconductor Manufacturing Taiwan Semiconductor Manufacturing Company (TSMC) has reported record-breaking first-quarter profits, surging 58% and exceeding analyst expectations. This impressive performance is largely fueled by the relentless demand for advanced chips used in artificial intelligence (AI) applications. The company’s revenue reached NT$1.134 trillion ($35 billion), … Read more

Mistral secures $830 million in debt financing to fund AI data center

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Mistral AI’s $830M Data Center Push: A Sign of Europe’s Growing AI Ambitions French AI startup Mistral has secured $830 million in debt financing to build a data center powered by thousands of Nvidia chips. This move underscores the increasing investment in AI infrastructure, not just in the US, but also in Europe, as companies … Read more

Musk’s xAI sued by Baltimore over Grok deepfake porn

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Baltimore’s Lawsuit Against xAI: A Turning Point in the Fight Against AI-Generated Abuse Baltimore has become the first major U.S. City to sue Elon Musk’s xAI, alleging that its Grok image generator facilitates the creation of harmful deepfakes. The lawsuit, filed on March 24, centers on the platform’s ability to generate sexually explicit images of … Read more

Secret sauce behind Alibaba’s animation studio

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Alibaba and the New Battleground for Global Entertainment: Data, AI, and the China Factor Alibaba is increasingly focused on understanding what global audiences *seek* to watch, not just what its creators *want* to build. This data-driven approach, coupled with advancements in AI, is reshaping the entertainment landscape, both within China, and internationally. The Power of … Read more

OpenAI to nearly double workforce to 8,000 by end-2026, FT reports

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OpenAI’s Rapid Expansion: A Sign of the AI Arms Race OpenAI is planning a significant workforce expansion, aiming to nearly double its headcount to 8,000 employees by the end of 2026. This aggressive growth, reported by the Financial Times, signals a pivotal moment in the increasingly competitive artificial intelligence landscape. The Hiring Surge: Where Will … Read more

Nvidia shares are rising before its big AI conference. Here’s what Wall Street expects to hear

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Nvidia’s GTC 2026: Charting the Future of AI Infrastructure Shares of Nvidia have seen a boost leading up to its annual GTC conference, signaling investor anticipation for insights into the ongoing AI spending surge and the company’s next-generation processors. The event is increasingly vital for Nvidia to solidify its technology roadmap and reassure investors about … Read more

It’s wartime, not peacetime for software

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The AI Reckoning: Enterprise Software Faces a Seismic Shift The conversation around artificial intelligence has dramatically shifted. No longer is the focus on incremental efficiency gains – shaving points off operating costs with AI copilots. Investors, and increasingly, company leaders, want to grasp: is your business poised to benefit from AI, or will it be … Read more

Broadcom’s custom AI chip business stays hot and gives the bulls a much-needed win

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Broadcom’s AI Surge: A $100 Billion Vision and the Future of Chipmaking Broadcom’s recent earnings report isn’t just a win for the company; it’s a strong signal about the direction of the tech industry. The chipmaker exceeded expectations in Q1 2026, fueled by a massive 106% jump in AI revenue. This performance underscores a critical … Read more

AI startups go global from day one

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China’s AI Startups Are Building to Win Globally A shift is underway in China’s artificial intelligence landscape. Increasingly, Chinese AI startups aren’t prioritizing their domestic market, but rather setting their sights on global expansion from day one. This strategy is fueled by a combination of factors, including a willingness among overseas businesses to experiment with … Read more

Forget DeepSeek. Of China’s 5 new AI models, UBS prefers this one

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China’s AI Revolution: MiniMax Challenges DeepSeek and Reshapes the Global Landscape The artificial intelligence landscape is undergoing a seismic shift, and China is rapidly emerging as a central force. While DeepSeek initially stunned the world with its cost-effective and powerful AI models, a new contender, MiniMax, is quickly gaining ground. This isn’t just a domestic … Read more

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