
Cerebras and Mistral Achieve AI Speed Record, Challenging OpenAI and DeepSeek
Feb 07, 2025 05:27 am UTC| Technology Business
Cerebras Systems, a leading AI chipmaker backed by UAE tech giant G42, has teamed up with Frances Mistral to set a new AI speed record. Mistral, an emerging player in open-source AI, aims to compete with Meta, Chinas...

Amazon’s AI Investment Boosts Marvell Technology Shares
Feb 07, 2025 05:24 am UTC| Technology Business
Marvell Technology (NASDAQ: MRVL) shares surged 3.1% in after-hours trading to $122.92, following a 2.4% gain during Thursdays session, as Amazon (NASDAQ: AMZN) reaffirmed its commitment to AI infrastructure spending....

U.S. AI Policy Shift: Safety Institute Officials Absent from Paris Summit
Feb 07, 2025 05:24 am UTC| Technology Politics
The U.S. delegation to the upcoming AI summit in Paris on February 10-11 will not include technical staff from the AI Safety Institute, according to sources familiar with Washingtons plans. Vice President JD Vance will...

Porsche SE Faces Impairments Amid Volkswagen Writedowns and China Challenges
Feb 07, 2025 05:21 am UTC| Business Technology
Porsche SE, the holding company of Porsche AG, announced it expects impairments on its stake in the luxury carmaker to nearly double, reaching 2.5 billion to 3.5 billion ($3.63 billion). The company also revised its...

OpenAI to Debut First Super Bowl Ad Amid Growing AI Competition
Feb 06, 2025 05:40 am UTC| Technology Business
OpenAI is set to air its first-ever Super Bowl commercial during Sundays game, according to a report from The Wall Street Journal. This move marks OpenAIs entry into commercial advertising as it competes with tech giants...

Tesla Expands Hiring for Optimus Robot Production at Fremont Factory
Feb 06, 2025 05:40 am UTC| Technology Business
Tesla Inc (NASDAQ: TSLA) has opened multiple engineering positions at its Fremont factory, signaling a push toward mass-producing its Optimus humanoid robot. The companys website lists at least 12 job openings, including...

Qualcomm Stock Drops Despite Beating Q1 Earnings and Revenue Estimates
Feb 06, 2025 05:23 am UTC| Technology Business
Qualcomm (NASDAQ: QCOM) reported stronger-than-expected fiscal Q1 results and upbeat guidance for Q2, driven by improving smartphone demand. However, shares fell over 4% in after-hours trading. The chipmaker posted...