Elon Musk’s xAI is making waves with an $80M property purchase in Memphis. This massive 1-million-square-foot space will expand their Colossus supercomputer, aiming to house over 1 million GPUs. It’s a bold move in the competitive AI landscape.
Category: Business
US Antitrust Shift: DOJ Allows Google’s AI Investments, Still Pushes for Chrome Divestiture
The DOJ has shifted its antitrust strategy against Google, no longer demanding divestment of AI investments like Anthropic. However, the push for Chrome divestiture remains, as the legal battle over Google’s search monopoly continues.
Hyundai Accelerates Robotaxi Plan: Partners with Avride to Deploy 100 Autonomous IONIQ 5s by 2025
Hyundai and Avride are joining forces to accelerate the development of autonomous vehicles. Their ambitious plan includes deploying 100 self-driving IONIQ 5s as robotaxis by 2025, potentially revolutionizing urban transportation. But there’s more to this partnership than meets the eye.
Klarna CEO Challenges AI Hype: Why Salesforce Won’t Be Replaced Anytime Soon
Klarna’s CEO Sebastian Siemiatkowski sets the record straight on replacing Salesforce with their AI-powered CRM. He explains why this move isn’t a threat to SaaS giants and how Klarna’s unique approach to data management drives their decision. Read on for insights into the future of enterprise software and AI integration.
What Anthropic’s $3.5B Raise Means for Competitors Like OpenAI, DeepMind, XAI, and Meta
Anthropic’s $3.5B raise at a $61.5B valuation shakes up the AI landscape. With plans to advance AI systems, expand globally, and deepen research, how will this impact major competitors like OpenAI and DeepMind? We analyze the implications for the AI industry.
Trump-Proof Blueprint: Foxconn’s $900M AI Plant Forges Ahead in Mexico, Defying Tariff Threats
Foxconn’s massive $900 million AI server plant near Guadalajara, Mexico, is set to become reality within a year, despite looming tariff threats from former President Trump. The facility, slated to be the world’s largest for Nvidia-powered AI servers, showcases Mexico’s growing tech ambitions.
Samsung Targets Budget Buyers with Premium AI $300 5G Galaxy Phones, After iPhone 16e Launch
Samsung’s latest Galaxy A series brings AI features to budget-friendly 5G phones. Starting at $300, these 6.7-inch devices offer premium capabilities like advanced photo editing and Circle to Search, making high-end tech accessible to more users.
3 Key Impacts of Honor’s $10 Billion AI Strategy to Become More Than a Phone Maker
Honor, a major Chinese smartphone maker, is investing $10 billion over 5 years to enter the AI race. The former Huawei brand announced plans to build a device-centric AI ecosystem, signaling its ambitions beyond phones.
7 Questions Surrounding DeepSeek’s 545% Profit Margin Theory
Chinese AI startup DeepSeek’s bold 545% profit margin claim for its AI models has raised eyebrows. But there’s more to this story than meets the eye. Let’s break down the numbers and see what’s really going on.
Inside Apple’s $500 Billion US Move: Tariffs or Strategy?
Apple announces a massive $500 billion investment in US facilities over the next four years. This strategic move could help the tech giant sidestep new tariffs on Chinese imports while creating 20,000 jobs across America. The investment includes expanding production and data centers in multiple states.
