AI
-
techSemiconductor Index SOX Logs Best Start on Record, Hits $5.7 Trillion
The PHLX Semiconductor Index (SOX) surges 78-82% YTD, driven by AI demand and memory chip shortages, reaching a historic $5.7 trillion market value.
-
techMistral CEO Rejects Pope's Criticism of AI in Military
Mistral CEO Arthur Mensch pushes back against Pope Leo's call to ban AI military use, arguing Europe needs its own defensive AI capabilities.
-
techByteDance Boosts AI CapEx to $30B, Targets $70B Industry Spend
ByteDance increases 2026 AI capital expenditure to $30B, with Goldman Sachs projecting $70B from Chinese internet firms.
-
techMusk: SpaceX Only Agreed to Short-Term Colossus Lease with Anthropic
SpaceX CEO Elon Musk clarifies the Colossus AI data center lease with Anthropic is for six months, not years, with a 90-day cancellation notice.
-
techChina's AI Investment Boom Fuels Record Export Surge, Bolsters Yuan
AI and integrated circuits drive China's April exports up 14.1% YoY, nearly doubling forecasts. Yuan strengthens for six consecutive quarters.
-
sportsNBA to Deploy AI for Automated Calls, Says Silver
Commissioner Adam Silver announces AI will handle objective calls, like out-of-bounds, to speed up games.
-
financeZscaler Tumbles 25% on Weak Guidance Despite Earnings Beat
Cybersecurity firm Zscaler saw shares plummet after projecting Q4 revenue below estimates, dragging sector peers down amid sales leadership exits.
-
techSnowflake Surges 36% on Earnings Beat and $6 Billion AWS AI Deal
Snowflake smashes Q1 earnings estimates, secures a $6B AWS commitment for AI cloud infrastructure, and acquires Natoma, signaling strong AI-driven growth.