Intel CEO Takes Over AI Division After Exec Defects to OpenAI
Intel’s CEO Pat Gelsinger has personally assumed control of the company’s AI strategy after top executive Arun Subramaniyan left to join OpenAI. The move signals a high-stakes battle as Intel races to...
11 Nov 202510min
AMD Challenges Nvidia Head-On With New AI Chip and OpenAI Partnership
AMD unveiled its next-generation MI400 AI chip, “Helios” rack system, and a multi-year partnership with OpenAI that could make it the first true rival to Nvidia’s dominance in AI hardware. The deal in...
11 Nov 202512min
Meta’s Top AI Scientist Yann LeCun Quits to Launch Secretive Startup
Meta’s chief AI scientist and “godfather of deep learning” Yann LeCun is reportedly leaving the company to found a new AI startup focused on building reasoning-based autonomous systems. His exit marks...
11 Nov 20259min
SoFi Becomes First U.S. Bank to Fully Launch Crypto Trading — Major Shift in Digital Finance
SoFi has officially launched crypto trading for U.S. customers, allowing users to buy, sell, and hold digital assets like Bitcoin and Ethereum directly within their bank accounts. The move makes SoFi ...
11 Nov 20259min
Nvidia’s $7 Billion Bet Hits a Wall: CoreWeave Stock Plunges After Data Center Delay Shakes AI Boom
CoreWeave, the Nvidia-backed AI cloud giant, saw its shares tumble after announcing a major data center delay that will dent near-term revenue. The setback highlights how even the fastest-growing AI i...
11 Nov 20259min
Microsoft Drops $10 Billion to Build a Massive AI Superhub in Portugal
Microsoft just announced a $10 billion investment to build one of the world’s largest AI data hubs in Portugal, aiming to double its cloud capacity in Europe. The project will create thousands of jobs...
11 Nov 202511min
SoftBank’s Profit Explodes After OpenAI Boom — Then It Dumps Its Entire Nvidia Stake
SoftBank’s quarterly profit more than doubled to $6.5 billion, fueled by soaring valuations in OpenAI-linked investments and chipmaker Arm. But in a surprise move, the company sold off its entire Nvid...
11 Nov 202510min
Government Shutdown Sparks “Data Blackout” Crisis for Tech and AI Firms
The U.S. government shutdown has frozen major federal data releases, disrupting everything from inflation reports to job stats—and leaving AI companies, Wall Street, and major tech firms scrambling to...
10 Nov 202510min
