The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced notable drops in response to the U.S. economy contracting in the first quarter, signaling a challenging […]
Trump Media Launches Utility Token and Digital Wallet to Enhance User Experience
Trump Media and Technology Group, backed by former U.S. President Donald Trump, announced plans for a utility token and digital wallet designed for its Truth+ streaming service on […]
Stocks Rise Ahead of Major Earnings Reports
Stock markets opened higher on Monday as investors awaited key earnings reports from the tech sector’s ‘Magnificent Seven.’ The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite […]
AI Startup Boom: OpenAI Alumni Drive New Wave of Innovation
A new wave of AI startups, spearheaded by former OpenAI employees known as the ‘OpenAI Mafia,’ is rapidly gaining traction in Silicon Valley. These ventures, including Safe Super […]
Elon Musk Raises $20 Billion for xAI, Aims to Revolutionize AI
Elon Musk’s xAI Holdings is seeking a massive $20 billion funding round, poised to become the third-largest private fundraising in startup history. This ambitious endeavor, recently completed through […]
AI Talent Concerns Rise as Researcher’s Green Card Denial Sparks Debate
The denial of Kai Chen, a Canadian AI researcher at OpenAI, of his US green card raises concerns about the talent retention landscape within the United States and […]
White House AI Plan Sparks Public Interest as Global Competition Intensifies
Over 10,000 public comments have been received by the White House in response to their proposed AI action plan. This highlights the growing national attention on artificial intelligence […]
Charles Hoskinson Raises Doubts About Ethereum’s Long-Term Viability
Ethereum’s future is facing scrutiny, with leading cryptocurrency expert Charles Hoskinson questioning its long-term survival. His critique focused on the network’s architecture and governance models, claiming they are […]
AI Data Centers: $200 Billion Price Tag & Power Crunch Threaten 2030 Growth
The rise of artificial intelligence is transforming the world beyond computer code, demanding a physical foundation of advanced data centers to fuel its growth. A new study reveals […]
Tech Sector Drives Stocks Higher: Third Consecutive Day of Gains
U.S. equities closed higher on Thursday, boosted by significant gains in mega-cap technology companies as investors navigated mixed signals regarding global trade policy between the White House and […]
White House Condemns EU Fines on Apple and Meta
The White House has voiced strong criticism of the European Union’s substantial fines levied against tech giants Apple and Meta, labeling them as a form of economic pressure […]
IBM Contracts Affected by DOGE Cost-Cutting Initiative, Shares Dip
International Business Machines Corp. (IBM) experienced a stock drop following the disclosure of 15 U.S. federal contracts valued at approximately $100 million being canceled or paused under the […]
OpenAI Projects $125 Billion Revenue by 2029: Implications for AI, Tech, and Markets
OpenAI has set a bold revenue target of $125 billion by 2029, driven by advancements in its AI products and strategic partnerships. This ambitious projection signals accelerated growth […]
Magnificent Seven Soar Amidst Trump’s China Tariff Easing
Tech giants like Apple, Nvidia, Tesla, Microsoft, Meta Platforms, Amazon, and Alphabet experienced significant growth following President Donald Trump’s announcement of reduced tariffs on Chinese imports. This policy […]
Revolut Under Fire for Crypto Transfer Errors
Financial technology company Revolut has come under scrutiny after Bulgarian citizen Tzoni Raykov experienced significant crypto asset losses due to unresolved refund requests following a technical error during […]