HP

Sumitomo and SBI Holdings Make Strategic Investment in Vietnam's FPT AI Unit

1 month ago

In a significant development in the tech investment landscape of Southeast Asia, Japanese conglomerate Sumitomo Corporation and SBI Holdings have jointly announced their decision to acquire stakes in FPT Corporation's artificial intelligence (AI) unit, FPT AI. This move marks a pivotal step for both companies as they look to capitalize on the burgeoning AI market in Vietnam, which is becoming an increasingly attractive destination for international investors.

Google and Samsung Strike Major Deal for Gemini AI App Installs

1 month ago

In a bold move to boost its Gemini AI application, Google has reportedly engaged in a lucrative agreement with Samsung, channeling vast sums of money to secure the installation of the app on Samsung devices. This strategy is a clear indication of Google's commitment to gaining market share in the competitive AI landscape.

Elliott Management Takes a $1.5 Billion Stake in HP Enterprise: A Game Changer for the Tech Firm?

1 month ago

In a significant development in the tech investment landscape, Elliott Management Corporation has reportedly acquired a $1.5 billion stake in HP Enterprise, marking a pivotal moment for the business and the tech industry at large. This move places one of the most powerful activist investment firms at the helm of one of the key players in the enterprise technology sector.

Could NVIDIA CEO’s Mar-a-Lago Dinner Diminish the West's AI Leadership?

1 month ago

In a significant incident that raises concerns about U.S. leadership in the rapidly evolving landscape of artificial intelligence (AI), NVIDIA’s CEO Jensen Huang recently dined with a controversial figure at Mar-a-Lago, raising eyebrows across the tech industry and beyond. This meal has brought to the forefront discussions about the implications of personal affiliations in the global tech race, especially as the United States grapples with its position against other tech-savvy nations.

JPMorgan Expands Blockchain Payments Network by Integrating Support for British Pound

1 month ago

In a significant evolution of its innovative payment solutions, JPMorgan Chase has announced the integration of the British Pound into its existing blockchain payments network, known as Onyx. This expansion demonstrates the bank's commitment to utilizing blockchain technology to enhance payment efficiency and foster international transfer capabilities.

Trump's Ambitious TikTok Initiative Thwarted by China’s Tariff Concerns

1 month ago

In a surprising turn of events, former President Donald Trump's strategy for regulating TikTok, the popular social media platform owned by the Chinese company ByteDance, has hit a significant roadblock due to objections from Chinese officials regarding proposed tariffs. This development has sparked discussions on the broader implications for U.S.-China relations and the future of the app, which has been under scrutiny for its data privacy practices and national security risks.

MicroStrategy's Bold Bitcoin Move: A $1.9 Billion Investment Surge

2 months ago

In a significant play within the cryptocurrency space, MicroStrategy has ramped up its investment in Bitcoin, acquiring an impressive $1.9 billion worth of the digital currency. This strategic move aligns with CEO Michael Saylor’s long-standing belief in Bitcoin as a superior asset for wealth preservation amidst inflationary pressures.

Apple's Tim Cook Explores China's AI Landscape Amidst DeepSeek's Resurgence

2 months ago

In a noteworthy visit that underscores the shifting dynamics in China's artificial intelligence sector, Apple CEO Tim Cook made a significant trip to the hometown of the rising AI company, DeepSeek. This visit comes at a time when China's tech landscape is gearing up for a revival, especially in the realms of artificial intelligence and machine learning, which have become critical focus areas for global tech giants.

Tech Leaders and Global Officials Pressure Trump to Reconsider AI Chip Restrictions

2 months ago

In a significant push against proposed semiconductor regulations, leaders from the technology sector and various international governments have joined forces to urge former President Donald Trump to reassess the recently implemented restrictions on AI chip exports. The appeal comes as concerns mount over the potential ramifications these curbs could have on innovation, economic growth, and international cooperation in the burgeoning field of artificial intelligence.

OpenAI and Meta Forge Strategic Partnership with Reliance in India

2 months ago

In a groundbreaking move that could reshape the landscape of artificial intelligence in India, tech giants OpenAI and Meta are reportedly in talks to form a strategic alliance with India's Reliance Industries. This collaboration aims to harness the technological expertise of both companies to bolster AI initiatives in the region, providing a significant competitive advantage in the rapidly evolving digital economy.