Google's I/O showcase highlighted massive AI ambitions, but investors appeared concerned by product sprawl and lack of focus.
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Google's I/O showcase highlighted massive AI ambitions, but investors appeared concerned by product sprawl and lack of focus.
Google redesigned search, launched new AI coding tools and expanded Gemini subscriptions at its annual developer conference.
The new Zhenwu M890 targets training, inferencing, and agentic AI workloads as Alibaba expands its full-stack AI strategy.
FIS launches Enterprise Risk Suite on AWS, giving financial firms cloud-native risk tools with continuous updates and scalable computing.
Halliburton launches Xaminer Deep Testing service to deliver early reservoir insights and streamline evaluation in complex formations.
The Zhenwu M890 delivers three times the performance of Alibaba's prior chip.
New models use Intel and Qualcomm processors to support on-device AI
New subscription targets developers and creators using Gemini
Tesla said on X on Wednesday that its Full Self-Driving (Supervised) driver assistance software was being rolled out in Lithuania, the second country in Europe to do so after Dutch approval last month. • Dutch regulator RDW is seeking EU-wide acceptance, but other member states can recognise the Dutch approval and allow the system to be deployed. • The Lithuanian Transport Safety Administration confirmed Lithuania has recognised the Dutch certification.
Tech giant Alibaba released on Wednesday a new artificial intelligence chip it said performed three times as well as its predecessor, showcasing growing domestic chipmaker prowess as US titan Nvidia struggles for access to China.Alibaba said its new chip, Zhenwu M890, can deliver three times the performance of its predecessor Zhenwu 810E, which is widely believed to match the capabilities of Nvidia's H20.
Solana News: Europe’s largest asset manager just put Solana in the same conversation as Ethereum and Bitcoin for institutional allocation. Amundi, €2.4 trillion AUM, a subsidiary of Crédit Agricole, and the tenth-largest asset manager globally – has announced a UCITS-compliant fund on the Solana blockchain in partnership with Spiko Finance, ...
Alibaba Group Holding Limited (NYSE:BABA) on Wednesday introduced a new artificial intelligence chip, the Zhenwu M890, as the company accelerates efforts to develop Chinese-made alternatives to processors supplied by NVIDIA Corporation amid tighter U. S.
John Armitage ranks among the richest hedge fund managers in the world. Visa Inc. (NYSE:V) is one of John Armitage’s largest holdings, accounting for 12.47% of the billionaire’s total portfolio. On May 5, Visa Inc. (NYSE:V) and Wealthsimple launched a trial agreement to enable stablecoin settlements in the Canadian market. The agreement enables Wealthsimple to […]
MaxLinear (MXL) has rolled out a cluster of new connectivity chips, including its Trinity platform for 5G backhaul, new AI oriented data center components, and a DOCSIS ready Puma 8 broadband platform. See our latest analysis for MaxLinear. The stock has surged on the back of these 5G, broadband and AI focused launches, with a 1 month share price return of 261.1% and a very large 1 year total shareholder return, indicating strong recent momentum from a low base. If this kind of move has your...
Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to Nvidia processors amid tightening U.S. export curbs. The chip, developed by Alibaba's semiconductor design subsidiary T-Head, delivers three times the performance of its predecessor, Zhenwu 810E. Alibaba said the new processor is well-suited to handle the heavy memory and communication demands of agent workloads, where models must retain long stretches of context and coordinate with one another in real time.
Blackstone, already the world’s largest private owner of data centers, will provide an initial $5 billion investment.
Google and Blackstone have formed a joint venture to offer AI data center capacity, networking and computer hardware as a “compute-as-a-service product,” the asset manager said. The tie-up opens a new avenue in the rush of private equity into AI infrastructure, moving it beyond data centers and into the business of financing compute itself. Blackstone is making an initial $5 billion equity commitment, with the first 500 megawatts of capacity expected online in 2027, the firm said in a statement.
The tech firm highlights both Spark and Omni, a video-creation tool, at its annual developer conference.
The new company gives enterprises a second route to Google's TPUs, with 500 megawatts targeted for 2027
Blackstone Inc (NYSE:BX) and Alphabet's Google have announced a joint venture aimed at developing a new US-based company that will provide dedicated cloud infrastructure centered on Google’s Tensor Processing Units (TPUs). The planned company will offer data center capacity, operations,...
The new U.S.-based company will sell access to Google's Tensor Processing Unit chips as a compute-as-a-service offering, with 500 MW of capacity targeted for 2027
By tying their bottom lines to how much AI they can sell, consultants have created a conflict of interest that erodes their clients’ trust.
AT&T (T) stock is back in focus after the company, alongside T-Mobile and Verizon, outlined plans for a new joint venture that would pool spectrum for satellite supported mobile coverage across the United States. See our latest analysis for AT&T. AT&T's share price has eased in recent months, with a 30 day share price return down 7.85% and a 90 day return down 14.82%. At the same time, the satellite joint venture and recent conference update keep attention on its longer term position,...
HIVE Digital Technologies Ltd. (NASDAQ: $HIVE) shares climbed over 24 percent Monday after its BUZZ HPC unit unveil...
STMicroelectronics (NYSE:STM) is one of the best performing semiconductor stocks so far in 2026. On April 28, STMicroelectronics introduced its next generation of ultralow-power global-shutter image sensors, the monochrome VD55G4 and the RGB color VD65G4. Part of the ST BrightSense portfolio, these compact, microcontroller-compatible sensors are engineered for battery-operated or energy-harvesting personal electronics. They target […]
Phillips 66 (NYSE:PSX) announced plans to develop two new midstream infrastructure projects, including the Zeus Gas Plant and a third Coastal Bend Fractionator, with both facilities expected to begin operations in 2028. New Permian gas plant to expand processing capacityThe Zeus project will consist of a natural gas processing facility capable of handling 300 million cubic feet per day in the Permian Basin.
Fiserv (NasdaqGS:FISV) has formed a joint venture with Bridgeport Partners focused on ATM Managed Services, Cash & Logistics, and its MoneyPass network. The agreement creates a dedicated entity for these operations, separating them from Fiserv's broader payments and technology portfolio. The move comes as Fiserv continues to reshape its business mix alongside recent AI and software initiatives. For you as an investor, this joint venture shifts part of Fiserv's traditional cash and ATM...
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best low priced technology stocks to buy according to hedge funds. On May 11, HPE announced the availability of the HPE Compute Scale-up Server 3250, a purpose-built server designed for large, in-memory databases and critical business workloads. Powered by Intel Xeon 6 processors, this system features […]
Interactive Brokers Group Inc. (NASDAQ:IBKR) is one of the best large cap stocks to buy under $100. On May 7, Interactive Brokers announced the launch of access to equities listed on the Korea Exchange/KRX, making it the first major US-based broker to offer trading in South Korea’s $4 trillion equity market. This addition enables international […]
Governor Gavin Newsom (D-CA) on Wednesday unveiled a new EV rebate program in the state that could provide a major boost to Tesla Inc.‘s Semi truck sales. $1 Billion EV Rebate Newsom took to X to share the news, saying...