EPAM Shares Plunge 89% From Peak as AI Shift Reshapes IT Services Sector
EPAM shares have dropped about 89% from their all-time high as slowing growth and AI-related concerns weigh on investor sentiment.
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Musk’s XChat Launches on iPhone With Encrypted Messaging and Grok AI
By
Emma Clarke
XChat launches on iPhone with encryption, AI integration, and messaging features, targeting Telegram users.
Tencent and Alibaba Explore Investment in DeepSeek at $20 Billion Valuation
By
Emma Clarke
Tencent and Alibaba are in talks to invest in DeepSeek at a valuation exceeding $20 billion.
Cursor Seeks $2 Billion Raise at $50 Billion Valuation
By
Emma Clarke
Cursor seeks $2 billion in funding at a $50 billion valuation amid strong demand for AI coding tools.
OpenAI Plans to Allocate IPO Shares to Retail Investors
OpenAI plans to allocate part of its IPO shares to retail investors, signaling a shift from traditional institutional-heavy listings.
Oracle Shares Rise as Company Cuts Jobs to Fund AI Expansion
By
Emma Clarke
Oracle shares rise as the company cuts jobs and shifts spending toward AI infrastructure and cloud expansion.
Alphabet Reaches $4 Trillion Market Capitalization on AI Momentum
Alphabet reached a $4 trillion valuation as investors bet on AI-driven growth across search, cloud, and enterprise services.
Anthropic Explores $10 Billion Funding Round at Up to $350 Billion Valuation
Anthropic is reportedly seeking $10 billion in new funding at a valuation that could reach $350 billion.
Alphabet Overtakes Apple to Become World’s Second-Largest Company
Alphabet surpassed Apple in market value, becoming the world’s second-largest company behind Nvidia.
OpenAI Grants Record $1.5 Million Stock Awards to Employees Ahead of New Year
OpenAI issued record stock awards averaging $1.5 million per employee, far surpassing compensation levels at major U.S. tech firms.
Intel Sells 214.8 Million Shares to Nvidia in $5 Billion Transaction
Intel sells 214.8 million shares to Nvidia for $5 billion, giving Nvidia an estimated 4% stake.
Finland Turns AI Data Center Heat Into Energy for Homes and Saunas
Finnish cities are channeling excess heat from AI-driven data centers into district heating networks, transforming server waste heat into a low-carbon energy source.
Kiyosaki Warns AI Bubble Could Trigger Historic Crash Within Months
Kiyosaki says an AI bubble could burst within three to four months and trigger what he calls the biggest market crash in history.
Leak Suggests TIME’s “Persons of the Year” Will Be the AI Architects Shaping the Tech Future
A leaked shortlist suggests TIME may name the ‘AI Architects’ – including Musk, Huang, Zuckerberg, Su, Altman, Hassabis, Amodei and Li – as its Persons of the Year.
EU Launches Priority Antitrust Probe Into Google’s AI Content Practices, With Potential $35B Fines
The EU has opened a priority antitrust investigation into Google’s handling of AI-generated content, warning potential fines could reach $35 billion if violations are found.