Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race
Google’s cloud business is a primary engine of growth, and the company’s custom-built chips called Tensor Processing Units are helping drive it.
CNBC
AI valuation fears grip global investors as tech bubble concerns grow
The recent slide among AI stocks has once again put fears of a tech bubble at the forefront of investors’ minds.
AI valuation fears grip global investors as tech bubble concerns grow Read More »
Southeast Asia’s largest bank CEO warns investors: ‘Buckle up, we’re in for a volatile ride’
DBS CEO Tan Su Shan cautioned investors about persistent market swings amid stretched U.S. valuations and concentrated AI stock exposure.
Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs
Tesla CEO Elon Musk he needs a “gigantic” semiconductor fabrication plant to meet the company’s chip needs as it expands its AI and robotics ventures.
Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs Read More »
CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
For most tech workers and investors, Thursday was another reminder of volatility’s sting. For Elon Musk, it was another day on the road to the stratosphere.
CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October Read More »
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks
Shares of Japan’s SoftBank Group plunged, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations.
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks Read More »
The stocks set to win from soaring AI spend, according to analysts
While Big Tech deals draw eyeballs, opportunities lie in those flying under the radar but supporting the AI supply chain.
The stocks set to win from soaring AI spend, according to analysts Read More »
China’s key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
China’s strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.
Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
Tesla shareholders approved CEO Elon Musk’s historic pay package at the company’s annual shareholders meeting in Austin, Texas.
Airbnb shares rise on revenue beat, stronger-than-expected forecast
Shares of Airbnb rose in extended trading after the company reporter third-quarter results that beat revenue expectations.
Airbnb shares rise on revenue beat, stronger-than-expected forecast Read More »