Meta, Microsoft Spending in AI Race Starts to Rattle Investor Confidence

The global competition to lead in artificial intelligence is intensifying, and technology giants like Meta and Microsoft are spending billions…

YouTube to Use AI to Sharpen Millions of Lower Resolution Videos

YouTube is rolling out a new artificial intelligence system designed to enhance the quality of millions of older, lower-resolution videos…

McKinsey Alumni Founded Dubai Fintech Rides Mideast Startup Boom

A Dubai-based fintech startup founded by former McKinsey & Company consultants is emerging as one of the standout players in…

Uber to Take on Waymo in San Francisco With Lucid, Nuro Robotaxis

Uber is preparing to ramp up its presence in San Francisco’s autonomous vehicle market by partnering with electric carmaker Lucid…

Lenders to US Security Contractor Peraton Form New Group as Shutdown Risks Denting Cash Reserves

Lenders to US defense and cybersecurity contractor Peraton have formed a new creditor group as concerns grow over the company’s…

Globalstar Draws SpaceX Interest in Sale Process

Globalstar Inc., the US-based satellite communications company, has reportedly attracted interest from SpaceX as it explores a potential sale, signaling…

AI
Nvidia Still Hopes to Sell Blackwell Chips to China, Huang Says

Nvidia Chief Executive Officer Jensen Huang has expressed optimism that the company may still find a way to sell its…

Amazon’s Slower Growth in AI Cloud Business May Not Be Fatal Flaw

Amazon’s cloud computing arm, Amazon Web Services, is showing slower growth in its artificial intelligence business compared with rivals like…

Jack Ma Backed Ant Makes Fresh LatAm Bet With Fintech Investment

Ant Group, the Chinese financial technology giant founded by Jack Ma, is making a renewed push into Latin America with…