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SpaceX Moves Into Gas Turbine Manufacturing As AI Boom Intensifies U.S. Power Crunch
SpaceX is moving deeper into power generation by building a factory to manufacture gas turbine blades and vanes, as the rapid expansion of artificial...
Global Factory Activity Strengthens As AI Demand Powers Asian Chip Production and European Recovery
Global manufacturing activity strengthened in August, with the artificial intelligence boom driving demand for semiconductors and computing equipment across Asia while a recovery in...
South Korea Unveils Record $597bn Budget to Strengthen AI, Chip Industries
South Korea has unveiled its largest-ever fiscal spending increase, proposing an 821 trillion won ($596.9 billion) budget for 2027 as President Lee Jae-myung's government...
OpenAI Denies Apple Trade Secret Claims, Says iPhone maker Is Attempting to Use Litigation...
OpenAI has rejected Apple's allegations that it stole the iPhone maker's trade secrets,, arguing that Apple has failed to identify confidential information that was...
OpenAI Says ChatGPT Ad Business Reaches $1bn Annualized Revenue Run Rate As IPO Plans...
OpenAI said Monday that advertising on ChatGPT has reached a $1 billion annualized revenue run rate less than 200 days after launch, giving the...