Temasek, Morgan Stanley Join $300 Million Australian Fund
Main Sequence, the venture capital firm founded by Australia’s national science agency, raised A$450 million ($305 million) from
2023-07-26 15:54
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:26
Microsoft’s Azure Slowdown Overshadows Optimism About AI Growth
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing
2023-07-26 07:51
Texas Instruments’ Lukewarm Forecast Indicates Slump Will Persist
Texas Instruments Inc., the biggest maker of analog semiconductors, gave a lukewarm earnings forecast for the current period,
2023-07-26 06:57
Anthropic’s Amodei Warns US Senators of AI-Powered Weapons
A CEO whose company says its artificial intelligence products are tools “that people can rely on” warned senators
2023-07-26 06:49
Senate Targets US Investments in China Through Key Defense Bill
The Senate attached a measure to the annual defense policy bill that would subject some US investments in
2023-07-26 06:45
Chip CEOs Urge US to Study Impact of China Curbs and Take Pause
Leaders of the largest US chipmakers told Biden officials this week that the administration should study the impact
2023-07-22 07:58
Startup Cerebras Takes on Nvidia With AI Supercomputers
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers in a
2023-07-21 04:48
TSMC Profit Falls Less Than Feared as AI Boom Offsets Tech Slump
Taiwan Semiconductor Manufacturing Co. posted a smaller than expected profit decline, after the global AI development boom outweighed
2023-07-20 13:45
VC Firms Investing in China’s Tech Companies Draw US House Panel Investigation
A US congressional committee is investigating four venture capital firms for their investment in Chinese technology companies, the
2023-07-20 08:59
Musk Says Tesla to Spend Over $1 Billion on Dojo Supercomputer
Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric
2023-07-20 07:59
IBM Maintains Full-Year Sales Forecast, Easing Fears of Slowdown
International Business Machines Corp. maintained its full-year forecast of 3% to 5% sales growth, overcoming investor anxiety about
2023-07-20 06:24