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Bitcoin

Musk says Tesla nearing AI5 chip completion, begins work on AI6

Tesla is moving closer to completing the design of its next-generation AI5 chip and has already begun development work on its AI6 processor,

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Bitcoin

Tesla’s $1.3 trillion riddle: how much is the company, and how much is Elon?

Tesla trades just shy of a $1.3 trillion market cap. And with shareholders now greenlighting an eye-popping pay package for Elon Musk, a

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Bitcoin

Michael Burry renews bearish bet against Tesla, citing valuation and dilution risks

Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that

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Business

Michael Burry renews bearish bet against Tesla, citing valuation and dilution risks

Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that

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Latest News

Intel stock hits fresh 52-week high: is Apple about to hand INTC its biggest win?

Intel stock (NASDAQ: INTC) surged to $43.34 on Tuesday, marking a fresh 52-week high.​ The rally followed supply-chain analyst Ming-Chi Kuo’s revelation that

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Latest News

Amazon unveils game-changing AI chip: will it disrupt Nvidia’s dominance?

Amazon has officially launched Trainium3, its latest custom-built AI chip, signaling an aggressive push to challenge Nvidia’s grip on the artificial intelligence hardware

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Latest News

Anthropic planning IPO as AI race with OpenAI intensifies

Anthropic, the artificial intelligence start-up behind the Claude chatbot, has taken a significant step toward a potential public listing after engaging prominent US

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Latest News

Marvell Technology to acquire Celestial AI for $3.25B

Marvell Technology Inc. shares rallied sharply in late trading after the semiconductor company reassured investors about the momentum of its custom chip business

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Latest News

Morning brief: Republicans win Tennessee House seat; Asia markets steady

In a busy day for global political and economic developments, US electoral shifts, a rebound in Asian markets, mixed Australian growth data, and

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Latest News

YouTube faces major shift as Australia enforces under 16 social media ban

Australia’s under 16 social media ban will take effect on 10 December, triggering one of the most sweeping platform changes the country has

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