Alibaba Accelerates AI Investment Beyond $53 Billion: Stakes Rise in the Global AI Race
Alibaba plans to ramp up AI spending past its original $53 billion target as CEO Eddie Wu anticipates a $4 trillion global AI market over the next five years.
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Micron Q4: HBM Chip Demand Drives Record Earnings and Bullish Forecast
Micron crushed Q4 earnings thanks to booming AI hardware demand. Revenue hit $11.32B, beating estimates. Critical HBM chips fuel growth. They forecast a strong $12.5B next quarter, exceeding expectations.
Boeing and Palantir Join Forces to Bring AI to Defense Programs
Boeing Defense, Space & Security (BDS) is teaming up with Palantir Technologies to rapidly adopt Artificial Intelligence (AI) across its defense operations and sensitive programs.
Vertiv Stock Drop After Microsoft AI Cooling System Reveal
AI chips get too hot. Microsoft's new microfluidics system carves tiny channels into the chip to deliver liquid cooling directly, removing heat up to three times better than current tech. This boosts efficiency and allows for faster, denser chips (and future 3D designs).
Red Lobster Teams Up with SoundHound AI for Faster Phone Orders
Red Lobster partnered with SoundHound AI to use a voice AI agent for takeout phone orders everywhere.
Major Step Towards the Quantum Internet: Connecting Quantum Computers
IonQ has achieved a significant technological advancement in partnership with the Air Force Research Lab (AFRL), demonstrating the ability to efficiently connect quantum computers over long distances.