HIVE Digital Stock Surges 40% After C$3.5 Billion, 320 MW AI Gigafactory Announcement
HIVE Digital shares jumped 40% after subsidiary BUZZ HPC unveiled plans for a C$3.5 billion AI gigafactory in the Greater Toronto Area with 320 MW capacity.
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HIVE Digital shares jumped 40% after subsidiary BUZZ HPC unveiled plans for a C$3.5 billion AI gigafactory in the Greater Toronto Area with 320 MW capacity.
OpenAI introduced ChatGPT Finance, a new feature allowing users to connect bank accounts and manage personal finances through AI-powered tools available to Pro subscribers.
SpaceX has reportedly chosen Nasdaq for its anticipated IPO, which could take place as early as June 11 with shares expected to trade under the ticker SPCX.
Cerebras shares jumped 70% in their market debut after the AI chipmaker completed the largest U.S. IPO of the year amid intense investor demand.
AI chipmaker Cerebras priced its IPO at $185 per share, raising $5.55 billion and valuing the company at roughly $56 billion amid overwhelming investor demand.
The United States approved sales of Nvidia H200 AI chips to several major Chinese technology companies, though broader geopolitical tensions continue limiting shipments.
Cisco plans to cut 4,000 jobs as part of an AI-driven business transformation after reporting stronger-than-expected earnings and raising its outlook.
SpaceX introduced the third generation of its Starship system featuring upgraded Raptor 3 engines and a redesigned launch architecture, while pre-IPO pricing on Hyperliquid fell 7%.
A remote IT professional said he earns roughly $746,000 annually while simultaneously working five jobs, highlighting how AI and remote work are reshaping white-collar employment.
Nvidia’s market capitalization climbed to roughly $5.5 trillion, exceeding the GDP of every country except the United States and China as shares hit fresh record highs.
Google introduced Googlebook, a new AI-focused laptop category powered by Gemini and Android 17, featuring contextual AI controls and natural-language desktop tools.
Donald Trump arrived in Beijing for a two-day summit with Xi Jinping focused on tariffs, semiconductors, AI restrictions, and broader U.S.-China economic relations.
Google is reportedly in talks with SpaceX about launching orbital data centers as tech companies explore new ways to expand AI computing infrastructure.
Cowboy Space raised $275 million to develop rockets designed for space-based AI data centers, targeting a rapidly emerging market for orbital computing infrastructure.
Wall Street analysts are increasingly optimistic that Amazon could eventually reach a $3 trillion market value as growth in AWS and logistics continues accelerating.