Tag: technology
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China’s Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held back
Zhipu’s GLM 5.2 shows the AI fight is shifting to who delivers the most intelligence per dollar, making open source suddenly a real contender.
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Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate
Oracle’s surging spending, negative free cash flow and $130 billion debt pile are weighing on the stock.
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Meta’s flurry of AI initiatives this month hasn’t helped lift the stock. What will?
Meta has to justify its AI spending to unlock the struggling stock.
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OpenAI limits new AI models to ‘trusted partners’ at request of U.S. government
OpenAI said it previewed the new models’ capabilities with the government ahead of the launch.
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ON Semi tanks 20% following Synaptics deal as CEO defends core business
The pivot into physical AI grows On Semi’s addressable market by an additional $30 billion, the company said.
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OpenAI hasn’t held pre-IPO investor meetings or set timeline yet, sources say
OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it “may be a while” before it goes public.
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Billionaire investor Jeremy Grantham says bitcoin will ‘dwindle away with a whimper’
Jeremy Grantham renewed his long-running criticism of bitcoin, predicting it will gradually fade into irrelevance over decades.
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Rise in memory chip costs puts pressure on retailers of laptops and smartphones
As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and may lead to product shortages.
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Micron falls 5% in premarket, paring earlier gains amid tech rout
Micron Technology’s shares tumbled on Friday amid a global sell-off in technology stocks.
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SK Hynix prepares US listing at $166 per share — here’s why HSBC says it could be worth 20% more
HSBC analysts see the South Korean chipmaker’s foray into U.S. markets as the catalyst to narrow the valuation gap with rival Micron Technology.
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