
Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion
Jun 04, 2026 08:32 am UTC| Business Technology
Nvidia CEO Jensen Huang is set to make his second visit to South Korea in just seven months, underscoring the countrys growing importance in the global artificial intelligence ecosystem. Beyond high-level business...

Meta Delays Release of New AI Model as API Rollout Remains Uncertain
Jun 04, 2026 04:40 am UTC| Business Technology
Meta Platforms Inc. (NASDAQ: META) has reportedly postponed the release of its latest artificial intelligence model to developers several times, with no confirmed launch date currently in place. According to a Wall Street...

Meta Challenges Australia’s Proposed Tech Tax, Citing U.S. Trade Agreement Concerns
Jun 04, 2026 04:38 am UTC| Technology Business Governance Politics
Meta has intensified its opposition to Australias proposed tax on major technology companies, arguing that the measure could violate the Australia-United States Free Trade Agreement and create new tensions between the...

CrowdStrike Beats Q1 FY2027 Expectations, Raises Outlook Despite After-Hours Stock Decline
Jun 04, 2026 04:16 am UTC| Business Technology
CrowdStrike Holdings (NASDAQ: CRWD) delivered stronger-than-expected first-quarter fiscal 2027 results, driven by accelerating demand for AI-powered cybersecurity solutions. The company reported robust revenue growth,...

Quantinuum Raises $1.68 Billion in Upsized Nasdaq IPO Amid Growing Quantum Computing Demand
Jun 04, 2026 04:11 am UTC| Business Technology
Quantinuum, a leading quantum computing company backed by Honeywell (NASDAQ: HON), has successfully raised $1.68 billion through an upsized U.S. initial public offering (IPO), highlighting strong investor confidence in the...

Hyundai, Nvidia, and South Korea Near Deal for Major AI Technology Center
Jun 04, 2026 04:00 am UTC| Business Technology
Hyundai Motor, Nvidia, and the South Korean government are reportedly in the final stages of negotiations to establish a major artificial intelligence (AI) technology center in South Korea, according to a report by the...

TSMC Sees Strong AI-Driven Growth as Demand for Advanced Chips Continues to Surge
Jun 04, 2026 03:57 am UTC| Business Technology
Taiwan Semiconductor Manufacturing Company (TSMC), the worlds largest contract chipmaker, remains optimistic about its long-term growth prospects as demand for artificial intelligence (AI) computing power and advanced...