Meta Technologies is moving ahead with its relentless AI buildout to the North. Transitioning from building out infrastructure in its domestic facilities, the tech company is now officially breaking ground on its very first data center to be located in Canada.  Built in the Alberta province in the Sturgeon County region, the massive project comes […]

The risk of betting big in technology either breaks a company or changes its fate altogether. As far as the experienced Menlo Ventures is concerned, its huge bet on the power of artificial intelligence has paved the way to the biggest triumph in its 50-year journey. Indeed, Menlo has achieved a record-setting raise of $3 […]

Imagine sending a newly developed AI agent into operation on a real-life financial or software platform without having any idea of how it is going to perform under adverse conditions. It would pose a huge risk that many companies do not want to take in the first place. Solving this pressing problem, Patronus AI has […]

As part of its biggest initiative to tie its future technology needs to America, Apple has struck an historic deal with its semiconductor partner Broadcom for over $30 billion. It is the biggest ever investment made by the company in the U.S., and a clear indication of its determination to achieve supply chain self-sufficiency and […]

The worldwide AI race is moving out of the research lab and into Wall Street. In an unprecedented move for international finance, South Korean technology giant SK Hynix has announced its intention to sell a vast amount of shares through the Nasdaq stock exchange.  Seeking to collect about $28 billion via American Depositary Receipts (ADRs), […]

The competition between major companies around the world for artificial intelligence has led to an unprecedented financial turnaround for one of the most popular technology companies on the planet.  Samsung Electronics has released its earnings report, and the electronics giant is projecting that its second-quarter operating profit will increase by a staggering 1,810 percent from […]

Just picture a fine equivalent in value to one of the largest companies on Earth. That is precisely what Meta has on its hands, as a legal confrontation is looming on the horizon. Four American states, California, Colorado, Kentucky, and New Jersey, are demanding an astounding fine of $1.4 trillion from the social media giant. […]