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Qualcomm surges on report of OpenAI tie-up for AI smartphone processors

Qualcomm surges on report of OpenAI tie-up for AI smartphone processors

April 27 (Reuters) - Qualcomm shares jumped 13% in premarket trading on Monday after an analyst said OpenAI was working with the chip designer and Taiwan's MediaTek to develop smartphone processors.
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Elon Musk's trial against Sam Altman to reveal the ongoing power struggle for OpenAI

Elon Musk's trial against Sam Altman to reveal the ongoing power struggle for OpenAI

By Deepa Seetharaman and Jonathan Stempel April 27 (Reuters) - The bitter legal fight between Elon Musk and the leading artificial intelligence firm, OpenAI, led by Sam Altman, may come down to a few pages in one executive's personal diary. 
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Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets

Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets

Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets
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Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI

Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI

Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared vision for the development of artificial intelligence
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Meta and Amazon Partnership Targets Nvidia's AI Market Dominance

Meta and Amazon Partnership Targets Nvidia's AI Market Dominance

Meta and Amazon Partnership Targets Nvidia's AI Market Dominance
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AI Agents Transition from Experimental to Workforce Integration, Impacting Business Operations

AI Agents Transition from Experimental to Workforce Integration, Impacting Business Operations

AI Agents Transition from Experimental to Workforce Integration, Impacting Business Operations
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Google plans to invest up to $40 billion in Anthropic, Bloomberg News reports

Google plans to invest up to $40 billion in Anthropic, Bloomberg News reports

April 24 (Reuters) - Google-parent Alphabet will invest up to $40 billion in Anthropic, Bloomberg News reported on Friday, as the tech giant deepens its partnership with the startup which is also its rival in the global AI race.
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Texas Faces Power Grid Strain Due to Surge in AI Data Centers

Texas Faces Power Grid Strain Due to Surge in AI Data Centers

Texas Faces Power Grid Strain Due to Surge in AI Data Centers
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Meta Cuts 10% of Workforce to Boost AI Investment Amid Stock Decline

Meta Cuts 10% of Workforce to Boost AI Investment Amid Stock Decline

Meta Cuts 10% of Workforce to Boost AI Investment Amid Stock Decline
Reuters Reuters
Analysis-At SpaceX, AI is burning the cash that Starlink earns

Analysis-At SpaceX, AI is burning the cash that Starlink earns

By Aditya Soni and Sayantani Ghosh April 24 (Reuters) - Elon Musk is touting SpaceX as humanity's ticket to Mars. But the company's pitch to investors for a potentially historic IPO reveals that its main business will be the same as Big Tech: building artificial intelligence.
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Texas Faces Power Grid Strain from Data Center Boom

Texas Faces Power Grid Strain from Data Center Boom

Texas Faces Power Grid Strain from Data Center Boom
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Tech Giants Announce Major Layoffs Amid AI Investment Surge

Tech Giants Announce Major Layoffs Amid AI Investment Surge

Tech Giants Announce Major Layoffs Amid AI Investment Surge