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SoftBank Eyes Historic $25 Billion Investment In OpenAI, Set To Dethrone Microsoft As Biggest Investor In ChatGPT-Parent
SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft’s stake and position SoftBank as the ChatGPT maker’s largest investor. read more
IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and offerings. read more
Mohamed El-Erian Says Fed Wants To ‘Fly Under The Radar,’ Expects No Rate Cut Until June At The Earliest
The Federal Reserve maintained interest rates at 4.25%-4.5% on Wednesday, prompting Allianz Chief Economic Advisor Mohamed El-Erian to suggest rate cuts might not materialize until June at the earliest, while President Donald Trump criticized the central bank’s approach to banking regulation. read more
Tesla Expects 50% Surge In Energy Storage Deployments For 2025 After Segment Revenue Doubles In Q4
EV giant Tesla reported a 113% rise in revenue from its energy generation and storage segment for the fourth quarter. read more
Dogecoin, Shiba Inu Rebound Overshadowed By Fartcoin, Pepe In Memecoin Rally
The meme coin segment gained momentum on Wednesday, riding high on a broader market rebound. What happened: Solana (CRYPTO: SOL)-based Fartcoin spearheaded the rally, jumping more than 11% in the last 24 hours. read more
Mark Zuckerberg Says Meta’s Llama 4 To Feature ‘Agentic Capabilities,’ Unlocking New Use Cases: It Will Become One The Most ‘Widely Used’ AI Models
Meta Platforms Inc. CEO Mark Zuckerberg revealed ambitious plans for Llama 4, the company’s next-generation open-source artificial intelligence model, during Meta’s fourth-quarter earnings call on Tuesday. The announcement comes as tech giants race to develop more sophisticated AI agents capable of performing complex tasks. read more
Microsoft CEO Satya Nadella Accepts DeepSeek AI Has Some ‘Real Innovations’ — But Won’t Say If They Mark A Turning Point For AI Cost Reduction
Microsoft CEO Satya Nadella acknowledged DeepSeek’s AI advancements but avoided confirming whether they signal a major shift in AI cost reduction, instead emphasizing broader industry trends and software optimizations. read more
Microsoft’s $13 Billion Run Rate And OpenAI Azure Deal Spark Surge In Enterprise Demand For AI Solutions: Just ‘First Tranche’ Of Future Growth Potential
Microsoft Corp. revealed transformative momentum in its artificial intelligence business, announcing a $13 billion annual AI revenue run rate alongside a major Azure commitment from OpenAI that propelled commercial bookings to unprecedented levels in the second quarter. read more
Elon Musk Is ‘Kind Of Glad’ Many Didn’t Pick Up A Tesla FSD Subscription: Here’s Why
Tesla Inc CEO Elon Musk said on Wednesday that the company will likely have to update hardware for customers whose vehicles are equipped with an older version of the AI hardware called Hardware 3, for it to achieve fully unsupervised autonomous driving with full self-driving (FSD) driver assistance software. read more
TRUMP Coin Can Buy You Donald Trump-Themed Watches And Sneakers: Here’s How
Platforms selling President Donald Trump-branded merchandise have started to accept his multibillion-dollar-valued meme coin as payment. read more