US-blacklisted Zhipu AI gets fresh funding from Chinese state firm
Chinese AI startup Zhipu AI secured 500 million yuan ($69.04 million) in funding from state-owned Huafa Group, just earlier this…
Volkswagen’s volume brands operating result down 4.3% amid cost-cutting drive
Volkswagen’s core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in their operating results…
Wall Street’s souring view on the US stock market isn’t just about the economy — it’s about AI too
This year’s stock market sell-off has been dramatic, but it also contains almost all of the same characters that have…
Why Apple (AAPL) Shares Are Getting Obliterated Today
What Happened? Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 5.6% in the morning session after markets tumbled, extending…
Why Tesla (TSLA) Stock Is Nosediving
What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 10.4% in the afternoon session after markets tumbled, extending the…
What does Nvidia stock chart say as sell-off continues?
The stock price on an Nvidia (NVDA) chart is usually known for being up and to the right. That’s not…
As US chip darlings struggle, some bet on software as next big AI play
U.S. chip stocks were the biggest beneficiaries of last year’s artificial intelligence investment craze, but they have stumbled so far…
Disney Cuts 6% of ABC Network and Entertainment TV Workforce
Walt Disney Co. (DIS) is eliminating roughly 200 jobs across its ABC and entertainment TV networks, according to an internal…
Apple updates bestselling MacBook Air with M4 chip, enhanced webcam
Apple (AAPL) is updating its top-selling laptop, the MacBook Air, with its latest M4 processor a day after showing off…
Nvidia-backed cloud firm CoreWeave to acquire AI developer platform Weights & Biases
Nvidia-backed CoreWeave said on Tuesday that it is acquiring AI developer platform Weights & Biases as the company seeks to…