Xiaomi has revealed its latest electric vehicle, the YU7, an all-electric SUV designed to compete directly with the Tesla Model Y in China’s highly competitive EV market. Building on the success of
Morris Chang, founder of Taiwan Semiconductor Manufacturing Co. (TSMC), has weighed in on Intel’s recent leadership shakeup, suggesting that the company should have prioritized artificial intelligence (AI) over its ambitions to become
CVC Capital Partners Plc has proposed a €1.18 billion ($1.2 billion) deal to take CompuGroup Medical SE & Co. KGaA private. The offer values the German health-care software provider at €22 per
Teresa Ribera, the newly appointed European Union competition chief, has indicated that the potential breakup of Google’s business remains under consideration. This includes possible divestments of parts of Alphabet Inc.’s operations, which
Hon Hai Precision Industry Co. (Foxconn), a major supplier to Apple Inc., has reported weaker-than-expected sales growth, raising concerns about the future of AI infrastructure and its impact on the company’s overall
Ubisoft has announced the discontinuation of its free-to-play first-person shooter, XDefiant, a move that will also result in the closure of the company’s production studios in San Francisco and Osaka. The decision
Tech stocks saw strong gains in U.S. equity futures as investors eagerly await Federal Reserve Chair Jerome Powell’s speech, which is expected to provide insights into the future of interest rates. The
AT&T has revealed its strategic plan for the next three years, forecasting free cash flow exceeding $18 billion by 2027. The announcement, which also highlighted the company’s focus on expanding its 5G
Amazon is upgrading its Amazon Web Services (AWS) data centers to better support the increasing demand from generative AI applications. These enhancements aim to improve the efficiency, availability, and design of the
Nvidia has joined a $700 million private funding round for Nebius Group, an AI infrastructure company founded in July 2024 after a $5.4 billion asset split from Russian internet giant Yandex. Other
