AI & Intelligence

Trump calls AI risk a ‘hoax.’ Microsoft, Google and Anthropic are writing their own rules

Donald Trump spent Monday telling the AI industry that the danger it is warning about is a hoax, and the…

2 weeks ago

CrowdStrike, Zscaler jump 15% as cybersecurity becomes the AI-risk trade

Cybersecurity stocks are having their best day in years on the same call that is sinking the chipmakers. CrowdStrike rose…

2 weeks ago

Oracle falls 5%: $700 million more in layoff costs, and Ellison’s $7.5 billion sale is off

Oracle is cutting staff to pay for the data centers it is building, and its founder has decided not to…

2 weeks ago

Premarket: Intel, Micron and AMD fall 6% as the AI slowdown call meets $108 oil

The AI chip chain is being sold before the bell and the software that sits on top of it is…

2 weeks ago

Firmus kicks off a A$7 billion IPO: OpenAI anchors Australia’s biggest float since Telstra

Firmus Technologies began pitching investors on Monday for an initial public offering that could raise as much as A$7 billion,…

2 weeks ago

AI slowdown has no enforcer: Trump, China’s Global Times and Michael Burry all said no

Dario Amodei's plan to slow the AI race is two days old, and every part of it that needed someone…

2 weeks ago

South Korea’s ICT exports hit a record. Without them, it ran a $6.6 billion trade deficit

South Korea exported a record $59.98 billion of information and communications technology products in August, up 162.6% from a year…

2 weeks ago

Anthropic is the $13.7 billion GPU customer in Trump-linked RUM Group’s deal: report

Anthropic is the previously unnamed customer that agreed last month to buy about $13.7 billion of AI computing services from…

2 weeks ago

SoftBank shares sink nearly 12% as AI slowdown talk hits its $64.6 billion OpenAI bet

SoftBank Group shares fell nearly 12% in Tokyo on Monday, the steepest drop among the major Asian AI stocks TECHi…

2 weeks ago

SK hynix falls 5%, KOSPI drops 3% as Asia’s chip stocks slide after AI slowdown call

Shares of SK hynix fell 5.4% and Samsung Electronics 3.4% in the first 20 minutes of trading in Seoul on…

2 weeks ago