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Microsoft sees widening AI divide although adoption is faster than any other tech

Microsoft sees widening AI divide although adoption is faster than any other tech

Tech giant, Microsoft says AI technology is spreading faster than any other technology ever but has also warned that not everyone will partake of this fast-growing technology. Billions of people acros...

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Japan's Nikkei sees highest single month growth since January 1994

Japan's Nikkei sees highest single month growth since January 1994

The Topix index as a whole also hit an all-time high. It went up as much as 1.4% during the day and ended the day 0.9% higher at 3,331.83. What’s behind Japan’s market rally? The rally was powered lar...

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Tech giants spend $80B on AI as Wall Street divides over payoff timeline

Tech giants spend $80B on AI as Wall Street divides over payoff timeline

Three of the world’s biggest technology companies just spent close to 80 billion dollars on artificial intelligence systems in the past three months, but Wall Street had very different opinions about ...

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OpenAI’s Bold Move: Completes Monumental For-Profit Recapitalization

OpenAI’s Bold Move: Completes Monumental For-Profit Recapitalization

BitcoinWorld OpenAI’s Bold Move: Completes Monumental For-Profit Recapitalization In a development that has sent ripples across the technology and investment landscapes, OpenAI, the pioneering force b...

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Microsoft's push for Xbox profit margin blamed for layoffs, cancellations, and division closures

Microsoft's push for Xbox profit margin blamed for layoffs, cancellations, and division closures

Microsoft has reportedly tasked Xbox with delivering a 30% profit margin. The 30% target apparently took effect in the fall of 2023, when Microsoft Chief Financial Officer (CFO) Amy Hood’s team assume...

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AMD stock surged past $243 as IBM confirms chips use in quantum error correction

AMD stock surged past $243 as IBM confirms chips use in quantum error correction

AMD stock exploded again on Friday, jumping +7% intraday and smashing past $245 before settling for a new all-time high of $252. That rally puts the chipmaker up an insane +60% in October alone, offic...

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Trump team explores direct ownership in quantum computing firms

Trump team explores direct ownership in quantum computing firms

The Trump administration is in active talks to take equity stakes in at least seven different quantum computing companies, according to the Wall Street Journal. The Commerce Department is negotiating ...

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Sam Altman pulls Microsoft, Nvidia, Oracle, AMD, Broadcom, and SoftBank into massive AI infrastructure deals worth over $1 trillion

Sam Altman pulls Microsoft, Nvidia, Oracle, AMD, Broadcom, and SoftBank into massive AI infrastructure deals worth over $1 trillion

According to The Wall Street Journal, Sam Altman turned a quiet White House appearance into a global power play that dragged Microsoft, Apple, Nvidia, Oracle, AMD, Broadcom, and SoftBank straight into...

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Microsoft projects Africa could lead a global wave of digital jobs

Microsoft projects Africa could lead a global wave of digital jobs

Microsoft is projecting an AI-powered jobs boom in Africa, with the technology capable of unlocking up to 230 million digital and AI-related roles on the continent. In a recent report, the tech giant ...

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1 min
Reid Hoffman defends Anthropic amid feud with David Sacks

Reid Hoffman defends Anthropic amid feud with David Sacks

Two original members of the PayPal mafia, Reid Hoffman and David Sacks, are dragging their decades-old relationship into a public AI brawl. The dispute, which exploded on X on Monday, centers on Anthr...

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1 min
Google pitches new Workspace tools as alternative to Microsoft 365 outages

Google pitches new Workspace tools as alternative to Microsoft 365 outages

Alphabet’s Google has rolled out a new plan to lure businesses away from Microsoft 365, introducing two products built to keep operations running when Microsoft’s cloud services crash. The company’s W...

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1 min
Foreign investments in U.S. stocks soars to highest level in history despite trade tensions

Foreign investments in U.S. stocks soars to highest level in history despite trade tensions

The Federal Reserve Board data showed on Thursday that foreign investments have the highest allocation of U.S. stocks in history. The data revealed that foreign holdings of U.S. financial assets accou...

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1 min