In a strategic move, Intel is spinning off its Altera FPGA unit into an independent company by selling a 51% stake for $8.75 billion to Silver Lake, enabling Intel to streamline operations while allowing Altera to invest in emerging AI markets like edge computing and robotics.
Hugging Face, an AI company known for its open-source language models, has acquired Pollen Robotics, a French startup developing affordable humanoid robots, with plans to sell Pollen's Reachy 2 robot and enable developers to enhance its capabilities, bringing advanced robotics into homes.
Nvidia, a leader in AI chips, faces challenges navigating Trump's trade tensions and tariffs that threaten its global supply chain and exports to China, prompting CEO Jensen Huang to fortify the company's dominance through expanding research and talent pipelines worldwide.
The AI market, encompassing technologies like computer vision, machine learning, and natural language processing, is poised for explosive growth, projected to soar from $244.22 billion in 2025 to an astonishing $1.01 trillion by 2031, with the United States leading the charge.
Meta unveils Llama 4 Behemoth, one of the most powerful multimodal AI language models, as part of its Llama 4 release, reinforcing its massive investment in AI with plans to spend up to $65 billion by 2025.
Tesla's robotaxi dreams face setbacks as its Full Self-Driving system faces safety scrutiny and CEO Elon Musk's political backlash leads to protests and record trade-ins, delaying the promised autonomous ride-hailing service until June 2023 in Austin.
AMD's CEO Lisa Su cautioned about potential semiconductor tariffs' short-term impact while endorsing resilient supply chains and US manufacturing, as the company finalizes its $4.9 billion ZT Systems acquisition to strengthen hyperscaler compute infrastructure.
Intel, facing manufacturing struggles, is in talks with TSMC for a joint venture where TSMC would operate Intel's factories, taking a 20% stake, as the White House pushes for the deal to revive Intel's chip production, with TSMC also courting other chipmakers to join.
In a strategic move to gain an edge in the AI race, Google has replaced the head of its AI chatbot Gemini, prioritizing product experience by appointing Josh Woodward, the leader of Google Labs, to helm the development of consumer-friendly AI products built on Google's powerful models.
Elon Musk's xAI acquires X (formerly Twitter) for $33 billion in all-stock deal, marking an $11 billion loss from his original $44 billion purchase as he consolidates his AI and social media ventures into one platform.