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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...
Strategy Buys 4,603 Bitcoin for $370 Million, Ending Two-Month Pause
Strategy, the Bitcoin treasury company led by Michael Saylor, has resumed its accumulation strategy with a significant purchase of 4,603 Bitcoin.
The company acquired...