Latest in FirstFT: ByteDance plans to spend $12bn on AI chips this year
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Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
Oracle saw massive growth today.Inc. - 2h -
FirstFT: ByteDance plans to spend $12bn on AI chips this year
Also in today’s newsletter, Trump warns Putin to reach Ukraine ‘deal’ soon, and Pakistan to seek extradition of billionaire tycoon from UAEFinancial Times - 6h -
FirstFT: Trump kicks off big infrastructure shifts with AI project and green rollbacks
Also in today’s newsletter, ByteDance’s $12bn AI plans, and Alex Soros has Lunch with the FTFinancial Times - 16h -
TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in USFinancial Times - 1d -
AI-developed drug will be in trials by year-end, says Google’s Hassabis
Founder of Isomorphic Labs aims to develop a drug in oncology, cardiovascular or neurodegeneration areasFinancial Times - 1d -
Colts hire Lou Anarumo: Respected defensive coordinator stays in AFC after spending past 6 years with Bengals
Anarumo spent the past six years in CincinnatiCBS Sports - 1d -
Huawei seeks to grab market share in AI chips from Nvidia in China
Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasksFinancial Times - 2d -
How to use AI to get a job this year
Gen AI promised to take tedious tasks off our hands with virtual assistants and chatbots designed to automate items on our to-do lists However, many of these helpful tools have required taking time ...The Hill - 5d -
Taiwan takes a further step in production of AI chips with advanced new plant
Taiwan has taken another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence with the inauguration of a new plant by Siliconware ...ABC News - 6d -
FirstFT: Netanyahu accuses Hamas of backtracking
Also in today’s newsletter, Biden warns of ‘oligarchy’ in America, and Wall Street banks make bumper profitsFinancial Times - 6d -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - 6d -
FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - Jan. 15 -
US imposes export controls on chips for AI to counter China
American semiconductor industry warns move will aid competitors while EU has also protested against the new rulesFinancial Times - Jan. 13 -
PM plans to 'unleash AI' across UK to boost growth
Leading tech firms are said to have committed £14bn towards the project, which could create more than 13,000 jobs.BBC News - Jan. 13 -
What are the challenges facing the government's AI action plan?
Sir Keir Starmer has unveiled proposals which he says will make the UK 'one of the great AI superpowers'.BBC News - Jan. 13 -
Biden Administration Makes Last-Ditch Effort to Curb AI Chip Exports
The new rules meant to govern exports of sophisticated AI processors are meant to address national security concerns, but have already provoked an industry pushback.Inc. - Jan. 13 -
U.S. tightens its grip on AI chip flows across the globe
The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its ...NBC News - Jan. 13 -
Biden administration proposes new restrictions on AI chip exports
The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."CBS News - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World
The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.Wired - Jan. 13 -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - Jan. 13 -
FirstFT: The hottest year on record
Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant otherFinancial Times - Jan. 10 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - Jan. 9 -
Bond market ‘police’ are back as investors patrol spending plans
Debt market flare-ups show growing pushback against governments’ loose fiscal policiesFinancial Times - Jan. 9 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Nvidia Founder Jensen Huang Unveils Next-Gen AI and Gaming Chips at CES 2025
The Blackwell-powered GeForce RTX 50 Series desktop and laptop graphics processors were a highlight of the massive tech trade show underway in Las Vegas.Inc. - Jan. 7 -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - Jan. 7 -
Nvidia founder unveils next generation of AI and gaming chips at CES 2025
In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him.NBC News - Jan. 7 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.CNBC - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - Jan. 7 -
Acer unveils Acer Swift Go and Aspire Vero 16 laptops with latest chips and up to 99 TOPS AI
Acer unveiled new models in its Acer Swift Go and Acer Aspire Vero laptop families with the latest components from Intel and AMD.VentureBeat - Jan. 6 -
Qualcomm unveils AI chips for PCs, cars, smart homes and enterprises
Qualcomm unveiled AI technologies and collaborations for PCs, cars, smart homes and enterprises at CES 2025. At the big tech trade show in Las Vegas, Qualcomm Technologies showed how it’s using AI ...VentureBeat - Jan. 6 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3 -
Why 2025 will be the year of AI orchestration
For many, 2025 will be the year of AI agents, when pilot programs, experiments and use cases converge into something resembling ROI.VentureBeat - Dec. 30
