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Meta has introduced a new executive incentive program tied to a $9 trillion valuation target. The move underscores its aggressive push to lead the artificial intelligence race.
Nvidia and Uber announced plans to launch Level 4 autonomous robotaxis in 28 cities by 2028. The partnership aims to scale AI-powered self-driving fleets across major urban markets.
Nvidia expects cumulative revenue from AI chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang. The forecast doubles the company’s previous projection for the fast-growing AI market.
Meta has invested $27 billion in AI cloud company Nebius as it races to secure computing power for artificial intelligence development. The deal highlights growing demand for large-scale AI infrastructure.
Nebius shares surged after Nvidia announced a $2 billion investment to build next-generation AI cloud infrastructure. The partnership aims to scale high-performance computing platforms for large artificial intelligence workloads.
Apple introduced M5 Pro and M5 Max chips alongside updated MacBook Pro models focused on peak performance and on-device AI. The company also launched new Studio Displays, refreshed the iPad Air with M4, and revealed the iPhone 17e starting at $599.
Nvidia reported record fourth-quarter revenue of $68.1 billion, up 73% year over year, as artificial intelligence demand continued to fuel explosive growth. Net income surged 94% to $43 billion, well above analyst expectations.
Finland-based IQM is set to go public at a $1.8 billion valuation, becoming one of Europe’s first listed quantum computing companies. The move marks a milestone for the region’s emerging deep-tech sector.
Apple’s market capitalization has climbed back to $4 trillion, returning the company to second place among the world’s most valuable corporations. While rivals pour hundreds of billions into artificial intelligence, Apple’s restrained approach is winning investor approval.
SpaceX has officially announced the acquisition of Elon Musk’s artificial intelligence company xAI, framing the move as a step toward accelerating humanity’s technological future. The deal brings together space infrastructure and AI development under a single corporate umbrella.
SpaceX is in talks to merge with Elon Musk’s artificial intelligence startup xAI ahead of a planned public offering, according to Reuters. The deal could pave the way for the largest IPO in history and significantly boost Musk’s personal wealth.
Microsoft shares plunged as much as 12% in a single session after earnings revealed soaring AI infrastructure costs and heavy reliance on OpenAI-linked cloud contracts. The drop marked one of the company’s sharpest declines since 2020.
Tesla will discontinue production of its Model S and Model X vehicles and convert its Fremont factory to manufacture Optimus humanoid robots. Elon Musk said the transition will begin in the second quarter, with long-term output targeted at up to one million robots annually.
SpaceX has selected Goldman Sachs, JPMorgan, Bank of America, and Morgan Stanley to lead its initial public offering, expected in the second half of 2026. With an estimated valuation of $1.5 trillion, the listing could become the largest IPO in history.
Shares of Ubisoft collapsed nearly 33% in a single session after the French video game publisher announced sweeping restructuring measures and the cancellation of several projects. The drop marks the company’s steepest one-day decline since its 1996 market debut.