Tech
Chinese Tech Titans Xpeng and Didi Ink $744M EV Collaboration
Chinese electric vehicle (EV) manufacturer Xpeng (XPEV) has joined forces with mobility and ride-sharing behemoth Didi in a momentous development pact worth a staggering $744...
Uber Eats Unveils AI Chatbot for Swift Food Ordering
Uber Technologies Inc. is gearing up to introduce an artificial intelligence (AI) chatbot within its Uber Eats app, aiming to streamline food delivery services and...
OpenAI Introduces ChatGPT Enterprise for Business AI Solutions
OpenAI, a prominent player in the field of artificial intelligence, has unveiled plans to release ChatGPT Enterprise, a specialized version of their widely-used open-source text...
Chinese Restrictions Cast Doubt on Nvidia Growth
Nvidia, renowned for its robust graphics processing units (GPUs), has celebrated a five-quarter spree of surpassing earnings projections. Boasting a lofty forward price-to-earnings ratio of...
Tech Stocks Surge as Nvidia Shatters Expectations
In a compelling turn of events, stock futures pointed to a notable upswing in the early hours of Wednesday, largely driven by an astounding quarterly...
Arm by Softbank Gears Up for Landmark IPO Amid AI Era
SoftBank Group Corp.’s subsidiary, Arm Holdings Ltd., is poised to embark on what could be the most significant initial public offering (IPO) of the year,...
IBM to Sell The Weather Company Assets to Francisco Partners
In a significant strategic development, IBM has announced the sale of key assets of The Weather Company to the private equity firm Francisco Partners. The...
Zoom Shares Dip 6% as Q2 Earnings Miss Analyst Projections
Zoom Video Communications Inc (ZM) encountered an unexpected hurdle as its stock plummeted by up to 6% on Tuesday morning, reflecting a Q2 earnings report...
Baidu Beats Q2 Revenue Predictions with Advertising Boost
Baidu Inc, the Chinese search engine and artificial intelligence (AI) powerhouse, exceeded revenue projections for the second quarter (Q2), buoyed by a surge in advertising...
Nasdaq Breaks Losing Streak, Leads Wall Street into Green
After a tumultuous period of uncertainty and downward momentum, the stock market experienced a resurgence on Monday, with the tech-heavy Nasdaq Composite breaking its four-day...
