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Why VC Firm Eight Roads Is Giving Up on China

For years, the smart money in venture capital flowed across borders, chasing innovation wherever it could be found. That era is decisively over. According to a Bloomberg report, Eight Roads, a venture capital fund backed by the billionaire Johnson family of Fidelity Investments, is now planning to sell its entire
Why VC Firm Eight Roads Is Giving Up on China

RSM's $1 Billion Bet Signals the Rise of AI Agents

RSM, the sixth largest accounting firm in the world, just announced a plan to invest $1 billion in artificial intelligence over the next three years—a massive step up from its previous spending. The firm isn't just buying more chatbot licenses for its employees; it's betting
RSM's $1 Billion Bet Signals the Rise of AI Agents

Apple's AI Reboot: Wooing Developers in a High-Stakes Race

Apple took the stage at its annual Worldwide Developers Conference (WWDC) on Monday to unveil "Apple Intelligence," its long-awaited suite of AI features. While the consumer-facing updates, such as live call translations, were seen by many as incremental, a more significant strategic pivot was happening behind the scenes:
Apple's AI Reboot: Wooing Developers in a High-Stakes Race

Connectivity Is the New Battleground in the AI Chip War

Qualcomm Inc., a giant in the smartphone chip market, has agreed to buy the London-listed semiconductor firm Alphawave for $2.4 billion. The move is a clear signal of Qualcomm's ambition to push beyond mobile and into the booming market for artificial intelligence data centers. But the deal
Connectivity Is the New Battleground in the AI Chip War

How Apple's Strengths Became Its AI Weakness

Apple, the world's most valuable technology company, is struggling to deliver on its ambitious artificial intelligence promises. With its stock lagging behind Magnificent 7 peers and investors growing anxious ahead of its annual developer conference, the company’s challenges in upgrading its legacy voice assistant, Siri, have come
How Apple's Strengths Became Its AI Weakness

Why Building an Nvidia-Killer Chip Is Harder Than It Looks

Broadcom, a key enabler for tech giants looking to design their own custom AI chips, has seen its market value soar past $1 trillion, fueled by the AI boom. By helping companies like Google and Meta Platforms create specialized silicon, Broadcom has carved out a lucrative niche, with its AI-related
Why Building an Nvidia-Killer Chip Is Harder Than It Looks

Why Meta Invests Billions in Labeling

Meta Platforms, the parent company of Facebook and Instagram, is reportedly in talks for a massive investment in artificial intelligence startup Scale AI that could exceed $10 billion. The potential deal, if finalized, would represent one of the largest-ever investments in an AI-related company and highlights a critical, often overlooked,
Why Meta Invests Billions in Labeling

CoreWeave Volatility Highlights Risks of AI Infrastructure Boom

Shares of CoreWeave Inc., a specialized cloud provider focused on renting out high-powered Nvidia graphics processing units for artificial intelligence, have surged dramatically in recent weeks, more than doubling in May and rising over 160% since their March initial public offering. The rally is fueled by massive deals, like one

Why is Meta Turning to Solar Energy to Power AI Data Centers

Yesterday, Meta signed its fourth major solar energy deal this year, securing 650 megawatts across projects in Kansas and Texas. The agreement was signed with energy provider AES Corporation, and the deal involves solar projects in Kansas and Texas that AES is bringing online in the Southwest Power Pool (SPP)
Why is Meta Turning to Solar Energy to Power AI Data Centers

The Role of Intel Xeon 6 CPU in Nvidia's AI Hardware

Intel announced yesterday that its new Xeon 6 processors will serve as the host CPU for Nvidia’s Blackwell Ultra-based DGX B300 systems. This news might seem counterintuitive — why would Nvidia, the dominant force in AI GPUs and a rival in the broader AI hardware space, rely on Intel, a
The Role of Intel Xeon 6 CPU in Nvidia's AI Hardware