Several Chinese customers have already ordered the chip, a version of Nvidia's language processing unit, which uses technology licensed from Groq and works alongside Nvidia's graphics processors to speed up AI chatbot responses, the report said.
AI is changing the cybersecurity threat landscape as autonomous agents gain the ability to act with greater speed and persistence. Check Point CEO Nadav Zafrir says organisations need security guardrails outside AI models, while warning that critical infrastructure, elections and excessive reliance on machines could become major vulnerabilities as cyber capabilities become increasingly…
Alibaba’s AI push is translating into faster cloud growth, but the investment bill is rising just as quickly. The Chinese tech giant’s AI cloud and compute revenue jumped 45% to 48.44 billion yuan in the June quarter, while capital expenditure surged 75% to 67.68 billion yuan. Adjusted earnings missed estimates, sending US-listed shares lower in premarket trading.
Meta has emerged as one of Microsoft’s biggest AI customers, spending hundreds of millions of dollars a year on Azure access, highlighting how AI demand remains concentrated among technology companies rather than traditional industries.
The S&P 500 is on track for a 52% surge in aggregate second-quarter earnings from the year before, helped by a 74% profit jump in the technology sector. The figures include big mark-to-market boosts at Alphabet and Amazon, both of which recognized large gains in the period on investments in AI highfliers such as Anthropic.
China is testing traffic robots in Hangzhou that use cameras and radar to spot helmetless riders, stop-line violations and other offences, while helping police manage busy intersections.
Murf AI is stepping up its global voice AI ambitions with Falcon 2, which the Bengaluru-based startup says combines lower latency, voice quality and cost. The company is also exploring a Series B fundraise towards the end of the year, while an IPO remains on the longer-term roadmap as it builds out its voice-agent stack.
The AI boom has sent SK Hynix’s earnings soaring, leading to eye-popping bonuses for its employees. Its workers are set to receive an average payout of 779 million won ($547,000) for 2026, according to Reuters calculations.