Meta Plans to Invest Hundreds of Billions in AI Data Centers
Mark Zuckerberg, founder of Meta, announced that the company will invest hundreds of billions of dollars building vast AI data centers across the United States, aimed at powering advanced artificial…
Starbucks Employees Must Return to Office Four Days a Week or Accept Payout
Starbucks announced on Monday that its corporate employees will be required to work from the office four days per week beginning in October. Voluntary Exit Program Offered CEO Brian Niccol…
China’s Geely Takes Luxury EV Startup Zeekr Private
China’s Geely Auto is moving to take its luxury electric vehicle subsidiary, Zeekr, private just over a year after the company went public on the New York Stock Exchange. This…
Anthropic, Google, OpenAI, and xAI Receive Up to $200 Million from Defense Department for AI Projects
The U.S. Department of Defense announced on Monday contract awards of up to $200 million for artificial intelligence development projects involving Anthropic, Google, OpenAI, and Elon Musk’s xAI. The DoD’s…
TikTok CEO Requests Meeting with Industry Minister Amid Shutdown Order
TikTok CEO Shou Chew has formally requested an urgent meeting with Industry Minister Mélanie Joly concerning the federal government’s order for the company to cease its Canadian operations. Chew’s letter,…
Tesla Officially Launches in India Nine Years After Elon Musk’s Initial Tease
Tesla has officially entered the Indian market with the opening of its first showroom, marking a significant milestone nearly nine years after CEO Elon Musk first hinted at the move…
Elon Musk’s xAI Launches Grok 4 with $300 Monthly Subscription Option
Elon Musk’s AI company, xAI, released its latest flagship model, Grok 4, late Wednesday, along with a new premium subscription plan called SuperGrok Heavy priced at $300 per month. Competing…
Nvidia Hits Historic $4 Trillion Valuation, Surpassing Apple Thanks to AI
Nvidia has made history as the first company to reach a $4 trillion market valuation, propelled by the growing demand for artificial intelligence technologies. This milestone cements Nvidia’s position as…
Super Micro Aims to Boost European Manufacturing to Meet Growing AI Demand
Super Micro is gearing up to increase its investment in Europe, including expanding the production of its AI servers, CEO Charles Liang said in a recent interview. Meeting Growing Demand…
Competition Bureau Secures Court Order in Amazon Pricing Policy Investigation
Canada’s Competition Bureau has obtained a court order as part of its ongoing investigation into Amazon’s conduct concerning its online marketplace in Canada. The probe focuses on Amazon’s fair pricing…
Marks & Spencer Chair Declines to Confirm Whether Retailer Paid Hackers Following Ransomware Attack
The chairman of U.K. retail giant Marks & Spencer, Archie Norman, refused to tell a panel of lawmakers whether the company paid a hacking group following a ransomware attack earlier…
Robinhood CEO Minimizes OpenAI Concerns Over Tokenized Stock Structure
Robinhood CEO Vlad Tenev said Tuesday that it’s not “entirely relevant” that the trading platform’s tokenized shares of OpenAI and SpaceX aren’t technically equity in those companies. This statement comes…
Amazon Starts Selling Nintendo Switch 2—Here’s What You Need to Know First
After some delay, Amazon has finally started selling Nintendo’s Switch 2 console. However, instead of a standard first-come, first-served sale, Amazon is using a raffle system that requires customers to…