Samuel Nwite
AUTHOR: Samuel Nwite
Z.ai Claims New AI Model Runs Entirely on Chinese Chips, Shares Rise 8%
Chinese artificial intelligence company Z.ai said on Wednesday that its latest model can handle online requests entirely on domestically produced semiconductors, underpinning the rapid...
Salesforce Raises Outlook As Partnership With Anthropic Strengthens Its Case Against The “Saaspocalypse”
Salesforce raised its full-year revenue and profit forecasts on Wednesday and deepened its partnership with Anthropic, giving investors fresh evidence that the rise of...
SK Hynix Bets On Prolonged AI Chip Boom With $4 Billion U.S. HBM Expansion
SK Hynix said on Thursday it plans to begin volume production of its next-generation HBM4E memory chips at its Indiana facility in the third...
Poland Seeks €250m Penalty Against Meta Over Alleged Failure to Remove Scam Advertisements
Poland has asked the European Commission to impose a €250 million ($291 million) fine on Meta, escalating pressure on the Facebook and Instagram owner...
Oil Falls as Hormuz Talks Lift Supply Hopes; Dollar Gains, Treasury Yields Ease Ahead...
Oil prices fell more than $1 on Thursday, extending a multi-day decline as expectations of renewed diplomacy between Iran and Qatar raised hopes that...