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Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder

Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder

Lip-Bu Tan, CEO of Intel, departs the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker’s […]

Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder Read More »

Analysts downplay AI bubble worries as Altman says some investors will be left ‘very burnt’

Analysts downplay AI bubble worries as Altman says some investors will be left ‘very burnt’

The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. Startups with little more than a pitch deck are raising hundreds of millions. Valuations have become “insane.” Capital is chasing a “kernel of truth” with feverish speed. The OpenAI CEO still believes the long-term

Analysts downplay AI bubble worries as Altman says some investors will be left ‘very burnt’ Read More »

Palo Alto Networks reports earnings beat, says founder Nir Zuk retiring from company

Palo Alto Networks reports earnings beat, says founder Nir Zuk retiring from company

Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected quarterly results and issued upbeat guidance for the current period. The cybersecurity software vendor said Nir Zuk, who founded the company

Palo Alto Networks reports earnings beat, says founder Nir Zuk retiring from company Read More »

Musk’s Starlink suffers apparent outage as SpaceX launches more satellites

Musk’s Starlink suffers apparent outage as SpaceX launches more satellites

Jakub Porzycki | Nurphoto | Getty Images Satellite internet service Starlink, which is owned and operated by Elon Musk’s SpaceX, appeared to suffer a brief network outage on Monday, with thousands of reports of service interruptions on Downdetector, a site that logs tech issues. The outage marked the second in two weeks for Starlink. SpaceX did not

Musk’s Starlink suffers apparent outage as SpaceX launches more satellites Read More »

Tesla Optimus rival Unitree shines at the ‘World Humanoid Robot Games’ in China

Tesla Optimus rival Unitree shines at the ‘World Humanoid Robot Games’ in China

The first “World Humanoid Robot Games” is in the books. The three-day competition hosted in Beijing wrapped on Sunday, attracting 280 teams from 16 countries, including the U.S. Teams used robots manufactured by Chinese companies such as Unitree and Booster. During the games, humanoid athletes competed in dance battles, martial arts, track and field events

Tesla Optimus rival Unitree shines at the ‘World Humanoid Robot Games’ in China Read More »

TeraWulf stock jumps more than 10% as Google boosts stake in datacenter operator

TeraWulf stock jumps more than 10% as Google boosts stake in datacenter operator

Thomas Fuller | SOPA Images | Lightrocket | Getty Images TeraWulf stock rallied more than 10% after Google hiked its stake in the bitcoin miner and datacenter operator as it funds an expansion of its Lake Mariner, New York, facility. As part of the deal, Google will offer up to $1.4 billion in additional backstop,

TeraWulf stock jumps more than 10% as Google boosts stake in datacenter operator Read More »

Bitcoin sinks to 5,000 after hitting its newest record, as macro concerns spark liquidation wave

Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in forced selling of long positions. The price of bitcoin

Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave Read More »

OpenAI’s Sam Altman sees AI bubble forming as industry spending surges

OpenAI’s Sam Altman sees AI bubble forming as industry spending surges

OpenAI Co-Founder and CEO Sam Altman speaks at Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, according to a report from The Verge published Friday.  “When bubbles happen, smart people get overexcited

OpenAI’s Sam Altman sees AI bubble forming as industry spending surges Read More »

This Asian data center hub is grappling with the massive costs of AI: energy and water

This Asian data center hub is grappling with the massive costs of AI: energy and water

The artificial intelligence boom has brought with it hundreds of billions of Dollars in investments and promises of economic growth . But the infrastructure required is demanding massive amounts of energy and resources. One lesser-known example of that dilemma can be found in the southern tip of Malaysia, which has quietly become one of Southeast

This Asian data center hub is grappling with the massive costs of AI: energy and water Read More »

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