Market News

Nvidia Shares Drop 3 Percent as Meta Explores Google TPU Chips for AI Infrastructure

Nvidia shares fell 3% following reports that Meta is considering Google’s TPU AI chips for future data center use, signaling increased competition in the AI semiconductor market despite Nvidia’s GPU mark

UK Government Announces Billions in AI Investments to Drive National Renewal, Boost Businesses, Jobs, and Innovation

The UK government revealed plans for multi-billion-pound AI investments aimed at accelerating business growth, creating jobs, and fostering innovation to position the UK as a global AI superpower.

AI Stock Sell-Off Hits Markets After Nvidia Surges Amid Valuation Concerns

AI-focused stocks tumbled despite Nvidia reporting strong earnings, driven by investor fears over stretched valuations and doubts on long-term sustainability of rapid AI investments.

U.S. Pentagon CTO Narrows Critical Technology Focus to Six Areas with AI as a Top Priority

The U.S. Pentagon’s Chief Technology Officer (CTO) has streamlined the Department of Defense’s critical technology areas from 14 to 6, spotlighting AI alongside lasers, quantum, logistics, and hypersonic

Baidu Unveils ERNIE 5.0, a Powerful Omni-Modal AI Foundation Model with Multimodal Understanding and New AI Products

Baidu launches ERNIE 5.0, its latest AI foundation model processing text, images, audio, and video for advanced reasoning and generation. Alongside, Baidu introduces a self-evolving AI agent Famou and up

Nvidia Palantir and AI Giants Drive Market Rally as Wall Street Roars Back

Nvidia and Palantir led a powerful Wall Street rebound as AI-driven stocks soared, restoring investor confidence after a turbulent week and amid optimism on resolving the U.S. government shutdown.

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