Artificial Intelligence

Musk’s AI Startup Receives More Than $6 Billion in Financing

Elon Musk's artificial intelligence startup doubled its valuation, securing more than $6 billion in financing.

U.S. Launches Investigation into Chinese Semiconductor Industry

The United States announced that it is investigating China's semiconductor industry.

Apple Nears $4 Trillion Valuation on AI and iPhone Optimism

Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.

Maine Governor Janet Mills Creates Task Force Dedicated to Investigating Artificial Intelligence

Maine Governor Janet Mills signed an executive order on Friday to create a task force dedicated to examining the opportunities and challenges posed by artificial intelligence (AI) for the state’s residents, economy, and institutions.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Congress to Vote on New Restrictions for U.S. Investments in China

Congress is preparing to vote on legislation that would restrict U.S. investments in China as part of a broader government funding bill, lawmakers announced Tuesday.

SoftBank Investing $100 Billion in U.S.

President-elect Donald Trump and SoftBank CEO Masayoshi Son announced that SoftBank is investing $100 billion in the United States.

Pentagon Launches Initiative for Next-Gen AI

The Pentagon announced that it is establishing the Artificial Intelligence Rapid Capabilities Cell (AI RCC) to accelerate the deployment of newer AI tools.

Nasdaq Surges Past 20,000, Fueled by AI and Rate Cut Expectations

The Nasdaq Composite Index soared past 20,000 for the first time ever on Wednesday, marking a significant milestone in a year dominated by the...

Biden Administration Grants $6.165 Billion to Micron Technology

The Biden-Harris administration has awarded semiconductor giant Micron Technology up to $6.165 billion in direct funding through the CHIPS Incentives Program, aiming to significantly expand U.S. semiconductor manufacturing capabilities.

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