Samuel Boivin | Nurphoto | Getty Images Alibaba on Tuesday announced a new chip designed for agentic capabilities as the Chinese tech giant steps up its semiconductor efforts to fuel its AI push. The XuanTie C950 is a type of chip called a central processing unit (CPU), which Alibaba said will be able to handle the…
This photograph shows a figurine in front of the logo of the AI assistant “Claude” built by the US artificial intelligence safety and research company Anthropic during a photo session in Paris on February 13, 2026. (Photo by Joel Saget / AFP via Getty Images) Joel Saget | Afp | Getty Images Anthropic’s Claude can…
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial…
Shares of Synopsys climbed about 4% Monday as activist investor Elliott Investment Management built a multibillion-dollar stake in the company, CNBC’s David Faber confirmed. “As AI drives a step change in chip complexity and capital investment, Synopsys is uniquely positioned to benefit from this growth,” Jesse Cohn, Managing Partner at Elliott, told CNBC. “We believe…
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 When OpenAI CEO Sam Altman took the stage at BlackRock’s U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality:…
Europe’s Ariane 6 rocket takes off, in Kourou, French Guiana, July 9, 2024. European Space Agency ESA | Via Reuters A new layer of critical infrastructure is emerging above our heads. Low Earth Orbit (LEO) — which NASA defines as the stretch of space at an altitude of 2,000 km or less — is rapidly evolving from…
Demand for new AI data centers is surging, but they can’t build themselves. Big Tech is funneling billions into building out these specialized facilities, with the four hyperscalers, Alphabet, Microsoft, Meta, and Amazon, committing nearly $700 billion in combined capex spending this year to fund these developments. Amazon said last month that it’s committing $12…
People queue to have their laptops install with OpenClaw, an open-source AI assistant at the Baidu headquarter in Beijing on March 11, 2026. Adek Berry | Afp | Getty Images Three months ago, the tech industry was unaware of a lobster-themed AI coding project built by an under-the-radar Austrian software developer. OpenClaw, as that creation…
Things just keep getting worse for the stock market. The S & P 500 , Nasdaq , and Dow suffered their fourth consecutive week of losses as the Iran war and hot wholesale inflation stoked economic concerns. Nvidia ‘s annual GTC developers event last week was chock full of bullish announcements and the talk of…
Marc Benioff, chief executive officer of Salesforce Inc., speaks during the 2025 Dreamforce conference in San Francisco, California, US, on Tuesday, Oct. 14, 2025. Michael Short | Bloomberg | Getty Images Salesforce announced this week that it executed the first steps in its debt-fueled $25 billion accelerated stock buyback plan. That’s half of the bigger…
