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category: Media
AI
How TikTok’s Owner’s AI Phone is Shaking Up China’s App Landscape: Insights on Alibaba (NYSE:BABA) and SoftBank Group (OTC:SFTBF)
ByteDance Ltd, the parent company of TikTok, has launched its AI-powered smartphone, the Nubia M153, stirring both excitement and concern. Competitors like Tencent and...
AI
Amazon Replaces Engineers with AI Tools: A Shift in Workforce Strategy – Amazon.com (NASDAQ:AMZN)
Amazon.com Inc (NASDAQ:AMZN) is undertaking significant layoffs, targeting over 14,000 jobs, including many engineering roles, as it intensifies focus on artificial intelligence (AI). Reports...
AI
OpenAI Partners with Samsung and SK Hynix for Ambitious AI Data Initiative, Launching New Data Center in Korea – Microsoft (NASDAQ: MSFT), NVIDIA (NASDAQ:...
Samsung Electronics and SK Hynix secured pivotal contracts to supply chips and equipment for Microsoft-backed OpenAI's Stargate project, solidifying their leadership in AI memory...
AI
Alibaba’s Enhanced Qwen3 Surpasses OpenAI and DeepSeek – A Look at Alibaba Group Holdings (NYSE:BABA)
Alibaba Group (BABA) has upgraded its Qwen3 family of large language models (LLMs), introducing the Qwen3-235B-A22B-Instruct-2507-FP8. This new model showcases enhanced AI capabilities in...
AI
Larry Ellison Overtakes Mark Zuckerberg as World’s Second-Richest Person, Fueled by Oracle’s AI Partnerships and Stock Surge with AMD and Amazon
Larry Ellison, co-founder and chairman of Oracle Corp. (ORCL), has reclaimed the title of the world's second-richest person, surpassing Meta Platforms, Inc. (META) CEO...
AI
OpenAI Secures 4.5 GW Lease with Oracle, Powering Stargate’s $500 Billion Ambition
OpenAI, supported by Microsoft, has leased 4.5 gigawatts of computing power from Oracle under its Stargate initiative. Oracle is investing $7 billion in the...
AI
Masayoshi Son of SoftBank Pursues AI Supremacy with Strategic Investments in OpenAI and Ampere: “I’m All In” – Featuring Alibaba (NYSE:BABA) and Amazon.com (NASDAQ:AMZN)
At SoftBank's annual shareholder meeting, CEO Masayoshi Son announced plans to position the company as a dominant player in the artificial super intelligence (ASI)...
AI
AMD Takes on Nvidia’s AI Leadership with Launch of Helios Server, as OpenAI’s Sam Altman Affirms Commitment to Latest Chips from Lisa Su’s Team:...
On Thursday, AMD introduced the Helios AI server, a significant move aimed at challenging Nvidia's dominance in the AI chip market. Unveiled during the...