News
-
Marvell Surges as Google Taps It for Custom AI Chip Development
Marvell shares rose following reports that it will work with Google to develop custom AI chips. Meanwhile, Broadcom shares dropped,…
-
Apple Names Hardware Chief John Ternus as CEO for AI Era
Apple has appointed hardware chief John Ternus as its new CEO, replacing Tim Cook to navigate the company through the…
-
Amazon Expands AI Infrastructure Deal with $25B Investment in Anthropic
Amazon is set to invest an additional 25 billion dollars in Anthropic, expanding its AI infrastructure partnership. The deal aims…
-
Labor Unions Raise Concerns Over AI Employment Practices
Labor unions are raising concerns about the absence of strong policies to regulate AI-driven decision-making in hiring, firing, and workplace…
-
Banks Embrace AI But Urged To Address Risks And Compliance
Banks are increasingly adopting AI to improve efficiency, risk analysis, and customer service, but industry leaders urge caution regarding associated…
-
Credo Technology Drives AI Data Center Connectivity Growth
Credo Technology, listed on NASDAQ as CRDO, is experiencing rapid growth by addressing AI connectivity bottlenecks. The company develops high-speed…
-
Shield AI Lands U.S. Navy Deal for $800M ISR Drone Services with V-BAT
Shield AI has been chosen by the U.S. Navy to compete for an $800 million contract to provide ISR services…
-
Palantir Technologies Unveils Advanced AI for Aerial Operations
Palantir Technologies is deploying advanced AI software to help manage aerial operations. The company aims to provide real-time intelligence and…
-
Big Tech Ramps Up $448B AI Spending Surge in 2024
Major tech companies are set to spend a record $448 billion on artificial intelligence this year, reflecting rising competition and…
-
AI Development Focuses on Data Quality, Trust, and APIs Over Speed
AI developers are focusing on building reliable systems by emphasizing high-quality data, trust, and robust APIs rather than prioritizing speed.…