Meta announced a dramatic increase in capital spending as it intensifies its pursuit of what it calls superintelligence and advanced personalised artificial intelligence technologies. The company said its investment plans reflect a
MoreSpaceX is reportedly preparing for one of the most ambitious public offerings in financial history as it weighs a mid-June initial public offering that could reshape global markets and the private space
MoreMicron Technology has announced a major $24 billion investment to expand its wafer manufacturing operations in Singapore, reinforcing the country’s position as a key hub in the global semiconductor supply chain. The
MoreMore than half of the largest banks in the United States have now either launched Bitcoin-related services or announced plans to do so, signaling a significant shift in how traditional finance views
MoreIntel shares suffered a sharp selloff after the company signaled it was struggling to meet booming data-center demand, exposing a growing gap between investor optimism and the company’s near-term manufacturing realities. The
MoreCitigroup is expected to announce another round of layoffs in March, following a reduction of around 1,000 jobs that took place earlier this year, according to people familiar with the plans. The
MoreThe U.S. dollar headed toward its steepest weekly decline in more than a year as investors reacted nervously to President Donald Trump’s shifting stance on Greenland and trade relations. Currency markets were
MoreThe U.S. House Foreign Affairs Committee voted overwhelmingly on Wednesday to advance a bill granting Congress authority over AI chip exports. The legislation, introduced by Representative Brian Mast of Florida, comes despite
MoreTesla is expected to be among the first automakers to benefit from Canada’s decision to ease restrictions on electric vehicles (EVs) built in China. Under a new agreement announced last week, Canada
MoreJPMorgan Chief Executive Jamie Dimon has confirmed he was never offered the role of Federal Reserve chair, pushing back on reports that suggested U.S. President Donald Trump had raised the possibility. The
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