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US Tech Sector Rallies 42% in Two Months, Biggest Surge in 24 Years
The Philadelphia Semiconductor Index leads a historic tech rally, driven by AI infrastructure spending from hyperscalers.
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India's IT Stocks Tumble on AI Disruption Fears
Indian IT stocks suffered steep losses amid worries that AI will displace traditional software services, with TCS leading the decline.
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Microsoft Unveils In-House AI Models, Reduces Reliance on OpenAI and Anthropic
Microsoft launches seven proprietary AI models, including a reasoning model and a coding tool, signaling a strategic shift toward independence from its major AI investments.
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Humanoid Robots to Enter Daily Life in 3-5 Years, Says Mechanism Capital Co-Founder
Andrew Kang predicts humanoid robots will integrate daily in 3-5 years, with a potential market equal to 50% of global GDP and trillions in revenue.
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Microsoft's Project Solara Envisions a World of AI Agents, Not Apps
Microsoft unveils Project Solara, an Android-based OS designed for AI agents, with concept devices including a smart display and a touchscreen badge.
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Amazon's Ring Faces Lawsuit Over Facial Recognition Scanning
A class action seeks damages for millions scanned by Ring's Familiar Faces feature without consent.
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Microsoft Unveils 1,000x More Reliable Quantum Chip, Bitcoin Threat Looms
Microsoft reveals Majorana 2, a quantum chip 1,000 times more reliable, using AI to push scalable quantum computing closer to 2029.
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Megaport Secures 4 AI Deals, Raises $594M to Build Inference Cloud
Megaport announces AI infrastructure contracts worth A$458.9M and raises $594M to build a distributed AI inference cloud.