Market News

Grocery Delivery Shake-Up: Ocado Lays Off 500 While Embracing AI Power

The online grocery giant is leaning towards AI to reduce costs, cutting 500 jobs.

Nvidia Defies DeepSeek Fears with Record AI Chip Sales

Nvidia reports strong AI chip sales despite market jitters over DeepSeek, with a record $39.33 billion in quarterly revenue and a bullish outlook for future growth.

DeepSeek Reopens API Access Amidst Escalating AI Competition

DeepSeek has resumed access to its API after a three-week pause, marking a significant step in the AI race. The move follows capacity constraints and coincides with Alibaba's AI model launch, intensifyin

Meta's Bold Move: $200 Billion AI Data Center Ambitions on the Table!

Meta platform is reportedly in talks to contract a massive AI-focused data center campus across various states in the United States.

Chegg Takes Google to Court Over AI Search Summaries

Chegg has filed a lawsuit against Google, alleging that the tech giant's AI-powered search summaries unfairly divert traffic and revenue from the edtech company.

Unlocking Communication: Meta AI Launches with Arabic Support in MENA

Meta AI spreads its reach to more countries and locations, arriving in the Middle East and Africa with support for Arabic.

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