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Elon Musk

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Nvidia faces backlash from gamers who feel abandoned for AI

Sagar2 months ago010 mins

For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind as artificial intelligence has made the chipmaker the world’s most valuable company.  “The gaming segment is no longer the driving force of the company. There was one point when it…

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  • Business

AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks

Sagar2 months ago01 mins

Oracle, AMD and Microsoft are on pace for historic weeks, while Intel, Broadcom, Micron, Marvell and ON Semiconductor are all roaring in April. Source link

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  • Business

AI chipmaker Cerebras set to file for IPO as soon as today

Sagar2 months ago03 mins

Cerebras, a producer of chips that run artificial intelligence models, will file to go public on Friday, two people familiar with the matter told CNBC. The people spoke on condition of anonymity, in order to discuss internal matters. Cerebras declined to comment. For years, Cerebras sought to sell chips to companies, but it has begun…

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  • Business

The public sours on AI, data centers as Anthropic, OpenAI look to IPO

Sagar2 months ago04 mins

Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech‘s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning…

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  • Business

Tesla stock adds nearly 8% as Elon Musk touts chip progress

Sagar2 months ago03 mins

Tesla cars charge at a Tesla Supercharger station in Pasadena, California, March 30, 2026. Justin Sullivan | Getty Images Tesla stock closed nearly 8% higher on Wednesday at $391.95 per share after CEO Elon Musk touted progress on the company’s forthcoming AI5 chip. Musk said in a post on his social network X that the…

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  • Business

NAACP sues Elon Musk’s xAI over Memphis data center air pollution

Sagar2 months ago03 mins

Gas turbines are visible at an xAI data center on Riverport Rd in Memphis, TN on April 25, 2025. Brandon Dill | The Washington Post | Getty Images The NAACP filed a lawsuit against Elon Musk‘s xAI on Tuesday, accusing the artificial intelligence company of violating the Clean Air Act with its use of natural…

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DA wants Altman arson suspect Daniel Moreno-Gama held without bail

Sagar2 months ago02 mins

Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images Prosecutors plan to ask a judge Tuesday to ask a San Francisco judge to hold the man accused of trying to murder OpenAI CEO Sam…

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Suspect in arson Sam Altman home aimed to kill, warned extinction AI

Sagar2 months ago04 mins

OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters A man accused of throwing a lit Molotov cocktail at the home of OpenAI CEO Sam Altman’s home last week was trying to kill him, and was motivated by hatred of artificial intelligence technology,…

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Musk’s xAI draws more opposition over Mississippi power plant permit

Sagar2 months ago03 mins

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI, now owned by SpaceX, is facing a new legal challenge from environmental groups in Mississippi, where the company plans to build a massive, methane gas-burning power plant in the town of Southaven. Nonprofits including the NAACP, Young, Gifted &…

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CoreWeave stock pops 11% on deal to power Anthropic’s Claude

Sagar2 months ago02 mins

CoreWeave announced Friday that it has entered a multi-year agreement with Anthropic to power its Claude artificial intelligence models as demand for infrastructure continues to climb. Shares of the neocloud climbed 11% following the news. “With the addition of Anthropic, nine of the leading ten AI model providers now leverage CoreWeave’s platform, reflecting the growing…

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