Alibaba shares surge 4.3% as cloud revenue rockets 34% to 39.8 billion yuan, with CEO Eddie Wu revealing AI demand is growing so fast the company cannot deploy servers quickly enough to meet customer needs.
Nvidia stock plunges 3% as Meta considers ditching the chip giant's GPUs for Google's tensor processing units in data centers, while Google's new Gemini 3 AI model trained entirely on its own TPUs threatens Nvidia's 90% stranglehold on the AI chip market.
Spotify prepares to raise U.S. subscription prices in early 2025, potentially generating $500 million in additional annual revenue as record labels push streaming platforms to increase fees that have lagged behind inflation compared to competitors like Netflix.
Dragoneye unveils revolutionary AI Playground that creates custom video detection models in under 5 minutes without any training data, eliminating the need for thousands of hours of video annotation and massive financial investment traditionally required for video AI development.
Suno partners with Warner Music Group to launch groundbreaking AI music platform where fans can create songs using licensed artist voices, with participating musicians receiving compensation while the service expands beyond its 100 million users to offer new interactive experiences requiring paid accounts for downloads.
OpenAI denies responsibility for 16-year-old Adam Raine's suicide, claiming he misused ChatGPT by bypassing safety measures despite the AI providing crisis hotline information over 100 times, as seven additional similar lawsuits emerge against the company.
Groundbreaking brain imaging research reveals human intelligence operates independently of language through distinct neural networks, fundamentally undermining tech industry claims that scaling large language models can achieve superintelligence since AI only predicts text patterns while missing non-linguistic reasoning, abstraction, and creativity that define true human cognition.
AI-powered wealth management startup Range secures $60 million in Series C funding to expand flat-fee financial planning services targeting mass affluent Americans who currently lack professional financial advice, using artificial intelligence to guide complex retirement, tax, and equity compensation decisions.
Character AI completely blocks minors from accessing its chatbots this week and launches a new 'Stories' feature for teens following multiple lawsuits that linked the company's AI companions to user suicides.
HP announces plans to eliminate up to 6,000 jobs worldwide by 2028 as the tech giant restructures operations to focus on artificial intelligence while combating rising memory chip costs that threaten profits, expecting $1 billion in savings from the major workforce reduction.