Asian Chip Stocks Slide as Nvidia’s Drop Sparks Broad Selloff
Asian semiconductor shares sank after Nvidia’s overnight decline, with major suppliers including SoftBank, SK Hynix, Samsung, and TSMC posting sharp losses. T
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Asian semiconductor shares sank after Nvidia’s overnight decline, with major suppliers including SoftBank, SK Hynix, Samsung, and TSMC posting sharp losses. T
OpenAI CEO Sam Altman told employees that Google’s new Gemini 3 model is tightening the AI race and may create temporary economic headwinds for the company. Despite the pressure, Altman said OpenAI remains focused on ambitious long-term breakthroughs and expects to catch up.
OpenAI has partnered with Foxconn to co-design and prepare U.S. manufacturing for next-generation AI data center hardware, strengthening domestic supply chains and accelerating deployment of advanced compute systems.
Google executives told employees the company must double its compute capacity every six months to keep pace with surging demand for AI services, underscoring the rising cost and competition in cloud infrastructure.
SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
Google has launched Nano Banana Pro, an upgraded AI image editing and generation tool powered by Gemini 3 Pro, expanding its capabilities for infographics, character consistency, and multi-image creation.
AI pioneer Yann LeCun is departing Meta after 12 years to launch a new company focused on “advanced machine intelligence,” diverging from the industry’s fixation on large language models.
A draft executive order shows President Donald Trump is considering measures to challenge state AI laws through litigation and potential cuts to federal broadband funding.
Uber partners with Starship Technologies to begin autonomous robot deliveries in Leeds and Sheffield this December, with expansion planned for Europe and the U.S.
NestAI raises €100 million to build physical AI for autonomous operations and defense, partnering with Nokia to expand Europe’s robotics and AI capabilities.