
Google, Blackstone Launch $5B AI Cloud Venture to Challenge Nvidia and CoreWeave
May 19, 2026 02:24 am UTC| Business Technology
Alphabets Google and Blackstone are reportedly joining forces to launch a new artificial intelligence cloud company powered by Googles proprietary AI chips, according to a Wall Street Journal report published Monday. The...

OpenAI Wins Elon Musk Lawsuit as Jury Rejects Claims Over AI Mission
May 19, 2026 02:14 am UTC| Business Technology Law
A U.S. jury has ruled that OpenAI is not liable in a lawsuit brought by Elon Musk, marking a major legal victory for the artificial intelligence company. The verdict was delivered Monday in a federal court in Oakland,...

Samsung, Union Edge Closer to Deal as Strike Threat Looms
May 19, 2026 02:05 am UTC| Business Technology
Samsung Electronics and its South Korean labor union are reportedly making progress in negotiations aimed at preventing what could become the largest strike in the companys history. According to a report from Yonhap...

Anthropic to Brief Financial Stability Board on AI-Driven Cyber Risks
May 18, 2026 04:58 am UTC| Business Technology
Artificial intelligence startup Anthropic is preparing to discuss potential cyber vulnerabilities in the global financial system linked to its latest AI model, Mythos, with members of the Financial Stability Board (FSB),...

TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower
May 18, 2026 04:51 am UTC| Business Technology
Shares of Vanguard International Semiconductor (TWO:5347) dropped sharply on Monday after Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to reduce its ownership stake in the chipmaker. Vanguard shares...

CXMT Forecasts Record Revenue Growth as Global DRAM Prices Surge
May 18, 2026 03:00 am UTC| Business Technology
Changxin Memory Technologies (CXMT), Chinas leading memory chip manufacturer, expects first-half revenue to climb between 110 billion yuan and 120 billion yuan ($17.62 billion), according to its updated IPO prospectus. The...

Samsung Faces Major Strike Threat as Union Restarts Pay Talks
May 18, 2026 02:09 am UTC| Business Technology Politics
Samsung Electronics and its South Korean labor union resumed government-mediated wage negotiations on Monday in an effort to prevent a large-scale strike that could disrupt the global semiconductor supply chain. The...