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Mark Zuckerberg, Microsoft CEO just made major AI decision
TheStreet10d agoneutral
Mark Zuckerberg, Microsoft CEO just made major AI decision

Jensen Huang has been one of the most prominent voices in technology for years, but he had never once posted on X (the former Twitter). On July 24, he did. What he chose to say with his first-ever post on the platform says a lot about the fight now underway over who controls the future of AI. Huang ...

Nvidia stock is doing something it hasn't done in years
TheStreet11d agoneutral
Nvidia stock is doing something it hasn't done in years

Nvidia (NVDA) has spent the last three years as the loudest success story in the stock market. Its climb turned it into a household name well beyond Wall Street trading desks, and its chips have become shorthand for the entire artificial intelligence boom. This year looks different. The gains are ...

Bloomberg11d agoneutral
DeepSeek Said to Tell Backers of Funding Pause After Viral Posts

(Bloomberg) -- DeepSeek has told prospective investors in its second fundraising round that it’s suspending the deal for now, people familiar with the matter said, days after comments widely attributed to founder Liang Wenfeng about US-Chinese AI competition went viral.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysTrump Seethes as Iran War Spirals Anew With No End in SightApple Plans Overhaul of M

Nvidia, Microsoft and other tech giants back open-source AI models
Reuters12d agoneutral
Nvidia, Microsoft and other tech giants back open-source AI models

Nvidia, Microsoft and other tech heavyweights made a public case to lawmakers on Friday in favor of open-source ‌AI models, wading into a debate roiling the business and policy worlds over ‌who controls the powerful technology. In a letter posted on X and also signed by two dozen companies and groups ​including Meta Platforms and IBM, Nvidia CEO Jensen Huang said that lawmakers should avoid "premature restrictions on open models that stifle competition or drive innovation overseas." The letter adds to the growing debate about open-source models that are harder to regulate, such as Nvidia's own and those released ‌in recent weeks by Chinese ⁠labs, and the closed-source models controlled by specific companies such as OpenAI and Anthropic.

Intel rises as strong forecasts signal AI boost for turnaround
Reuters12d agoneutral
Intel rises as strong forecasts signal AI boost for turnaround

Intel's shares rose 6% in premarket trading on Friday after bullish forecasts signaled the AI boom was propelling ‌the chipmaker's long-awaited turnaround. The company forecast third-quarter revenue above Wall ‌Street expectations and raised this year's capital expenditure estimate to $20 billion from $18 billion. Intel's improving outlook ​reflects growing adoption of its data center central processing units (CPUs) by customers building infrastructure for artificial intelligence, as CEO Lip-Bu Tan works to position the company as a broader beneficiary of AI-driven semiconductor demand despite Nvidia's lead ‌in accelerator chips.