AMD announced plans to acquire ZT Systems for $4.9 billion to expand its AI chips portfolio and compete with Nvidia.AMD plans to fund 75% of the…
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Texas Instruments announced Friday it will receive up to $1.6 billion from the U.S. Commerce Department for new chip facilities.The U.S. CHIPS and Science Act funding…
Ola Electric surged 20%, reaching a $6.99 billion valuation, after launching motorcycles and promising lower costs with in-house batteries.The e-motorcycle launch will heighten competition in India’s…
Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth.The world’s largest electronics maker anticipates strong AI…
On Tuesday, Alphabet’s Google unveiled new Pixel smartphones with advanced AI integrations, racing to enhance its hardware with AI.The event at Alphabet’s Bay View campus breaks…
Ola Electric Mobility’s shares rose 20% on debut, valuing it at $4.8 billion, as investors anticipate growth in electric vehicles.The stock listed flat at 76 rupees…
Google faces growing competition from OpenAI while awaiting Washington’s antitrust decision on search business regulation.The US ruling against Google’s search monopoly is seen as a win…
Siemens’ supervisory board plans to accelerate its tech transition by expanding the management board from five to seven members.Siemens announced Peter Koerte and Veronika Bienert will…
Following a U.S. judge’s ruling on Google’s illegal monopoly, Apple’s lucrative deal with them might now face threats.On Tuesday, Wall Street analysts suggested Google might avoid…
Legal experts suggest Apple might benefit now that Alphabet’s Google lost its antitrust case, potentially aiding Apple’s own defense.A federal judge largely supported antitrust enforcers against…