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.
Elon Musk's xAI secures massive $15 billion funding round at $230 billion valuation, closing December 19th despite Musk previously denying such reports on X, as AI investment frenzy continues with rivals OpenAI and Anthropic also raising billions.
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.
Humane AI Pins permanently shut down this Friday at noon PST as HP's acquisition forces complete device discontinuation, leaving users scrambling to download photos, videos, and notes before all data vanishes forever on February 28.
Protocol-Lattice unveils go-agent, a revolutionary AI framework delivering 50x performance gains through advanced memory optimization and multi-agent orchestration, enabling seamless communication between AI agents while reducing memory usage by up to 60% and supporting major LLM providers like Gemini and Anthropic.
OpenAI CEO Sam Altman and former Apple designer Jony Ive reveal a screen-free AI device prototype that could revolutionize personal technology within two years, promising smartphone-sized simplicity without intimidating interfaces.
European researchers shatter quantum simulation records by successfully modeling a 50-qubit quantum computer using JUPITER exascale supercomputer, requiring 2 petabytes of memory and breakthrough compression technology that reduces requirements eightfold, creating unprecedented testbed for quantum algorithms before real quantum hardware catches up.
Scientists develop revolutionary molecular qubits using erbium atoms that store quantum information magnetically and transmit through existing fiber-optic networks, creating hybrid devices 100,000 times smaller than human hair that seamlessly integrate into current telecommunications infrastructure and silicon chips.
Nvidia pours a record $23.7 billion into AI companies through 59 deals in 2025, but Wall Street analysts raise concerns about the chip giant's controversial practice of investing in the same firms that buy its processors, questioning whether this circular funding strategy artificially inflates demand for its own products.