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Microsoft Reaches $4 Trillion Valuation After Solid Results
Strong results from Microsoft and Meta Platforms late on Thursday also fueled gains in Amazon and sent chipmaker Nvidia to a record high, with the four heavyweight AI players gaining over half a trillion dollars in market value.
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Trump's AI Plan Calls For Massive Data Centers, May Affect Energy In US
President Donald Trump's plan to boost artificial intelligence and build data centers across the US could speed up a building boom that was already expected to strain the nation's ability to power it.
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NVIDIA Becomes First Public Company To Cross $4 Trillion Market Cap Amid AI Boom
NVIDIA has become the first publicly traded company to reach a $4 trillion market cap, driven by soaring demand for its AI chips that power models like ChatGPT and Gemini.
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Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
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Elon Musk's xAI, Telegram Partner To Distribute Grok To Messaging App's Users
Elon Musk's AI start-up xAI will pay Telegram $300 million to deploy its Grok chatbot on the messaging app, aiming to tap the platform's more than one billion users and sharpen its competitive edge in the booming artificial intelligence market.
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Home Projector Market to Double In Next 4 Years, South and West Key for BenQ India:Â Rajeev Singh
Gadgets360 had a word with Rajeev Singh, Managing Director of BenQ India & South Asia, on the emerging trends in the Indian market and overall company strategy. Few of the responses have been edited and shortened for ease of understanding.
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"Outpacing The World": OpenAI CEO Sam Altman Praises India's AI Boom
OpenAI CEO Sam Altman has praised India for innovating and rapidly adopting artificial intelligence (AI). The 39-year-old believes India is outpacing the world when it comes to creativity.
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Fact Check: AI Photos Viral As Shah Rukh Khan With WWE Wrestlers At Maha Kumbh
Photos show Shah Rukh Khan with American wrestlers Ronda Rousey and Roman Reigns at the Maha Kumbh Mela 2025 in Prayagraj, Uttar Pradesh.
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Artificial Intelligence Boom To Trigger Thousands Of Deaths, $20 Billion In Health Costs Annually: Study
By 2030, this pollution could lead to 1,300 premature deaths annually in the US and public health costs of nearly $20 billion.
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AI Boom Makes 139-Year-Old Cable Company Japan's Hottest Stock
Fujikura Ltd., which makes wire cabling for data centres, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year.
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AI Boom Propels A Century-Old Texas Land-owner Company To 230% Stock Rally
Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a market value of almost $40 billion.
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Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
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AI-led Demand For Data Centres In India To Drive Additional 500 MW Capacity In 4 Years: Avendus Capital
India is among the fastest-growing data centre markets globally; it has seen overall capacities doubling to about 1,011 megawatt (MW) in 2023 from about 540 MW in 2019
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Will AI Bubble Burst? All The Buzz Around The Hottest Tech Trend
From an economic perspective, the concerns around the AI bubble mirror those seen in past tech booms, such as the "dot-com bubble" of the late 1990s.
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Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up
As a result of the spending increase, Amazon's gross profit margin growth is expected to have slowed to 1.3% in the April-June quarter, compared with 2.6% in the previous quarter and an average of 2.7% over the past two years.
-
Microsoft Reaches $4 Trillion Valuation After Solid Results
Strong results from Microsoft and Meta Platforms late on Thursday also fueled gains in Amazon and sent chipmaker Nvidia to a record high, with the four heavyweight AI players gaining over half a trillion dollars in market value.
-
Trump's AI Plan Calls For Massive Data Centers, May Affect Energy In US
President Donald Trump's plan to boost artificial intelligence and build data centers across the US could speed up a building boom that was already expected to strain the nation's ability to power it.
-
NVIDIA Becomes First Public Company To Cross $4 Trillion Market Cap Amid AI Boom
NVIDIA has become the first publicly traded company to reach a $4 trillion market cap, driven by soaring demand for its AI chips that power models like ChatGPT and Gemini.
-
Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
-
Elon Musk's xAI, Telegram Partner To Distribute Grok To Messaging App's Users
Elon Musk's AI start-up xAI will pay Telegram $300 million to deploy its Grok chatbot on the messaging app, aiming to tap the platform's more than one billion users and sharpen its competitive edge in the booming artificial intelligence market.
-
Home Projector Market to Double In Next 4 Years, South and West Key for BenQ India:Â Rajeev Singh
Gadgets360 had a word with Rajeev Singh, Managing Director of BenQ India & South Asia, on the emerging trends in the Indian market and overall company strategy. Few of the responses have been edited and shortened for ease of understanding.
-
"Outpacing The World": OpenAI CEO Sam Altman Praises India's AI Boom
OpenAI CEO Sam Altman has praised India for innovating and rapidly adopting artificial intelligence (AI). The 39-year-old believes India is outpacing the world when it comes to creativity.
-
Fact Check: AI Photos Viral As Shah Rukh Khan With WWE Wrestlers At Maha Kumbh
Photos show Shah Rukh Khan with American wrestlers Ronda Rousey and Roman Reigns at the Maha Kumbh Mela 2025 in Prayagraj, Uttar Pradesh.
-
Artificial Intelligence Boom To Trigger Thousands Of Deaths, $20 Billion In Health Costs Annually: Study
By 2030, this pollution could lead to 1,300 premature deaths annually in the US and public health costs of nearly $20 billion.
-
AI Boom Makes 139-Year-Old Cable Company Japan's Hottest Stock
Fujikura Ltd., which makes wire cabling for data centres, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year.
-
AI Boom Propels A Century-Old Texas Land-owner Company To 230% Stock Rally
Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a market value of almost $40 billion.
-
Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
AI-led Demand For Data Centres In India To Drive Additional 500 MW Capacity In 4 Years: Avendus Capital
India is among the fastest-growing data centre markets globally; it has seen overall capacities doubling to about 1,011 megawatt (MW) in 2023 from about 540 MW in 2019
-
Will AI Bubble Burst? All The Buzz Around The Hottest Tech Trend
From an economic perspective, the concerns around the AI bubble mirror those seen in past tech booms, such as the "dot-com bubble" of the late 1990s.
-
Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up
As a result of the spending increase, Amazon's gross profit margin growth is expected to have slowed to 1.3% in the April-June quarter, compared with 2.6% in the previous quarter and an average of 2.7% over the past two years.
