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.
Category: Business
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.
Despite Turbulent AI Market, NVIDIA’s Record $60.9B Revenue in 2024 Signals Defiance
NVIDIA’s stunning $60.9B revenue in 2024 showcases its resilience amid AI market uncertainties. With 78% sales growth and doubled profits, the chipmaker remains a crucial player in the AI industry, despite emerging competitors like DeepSeek.
Amazon’s $100B AI Gamble: Alexa+ Pricing Reveals Ambitious Strategy
Amazon’s colossal $100 billion AI investment takes center stage with the reveal of Alexa+ pricing. This ambitious strategy marks a pivotal moment in the tech giant’s evolution, potentially reshaping the AI landscape and consumer interactions.
5 Ways HP IQ’s Lab Will Use Humane’s $116M AI Assets
HP’s IQ Lab just acquired Humane’s $116M AI assets, marking a significant move in the tech world. What does this mean for the future of computing? We’ve identified 5 key areas where HP plans to integrate these cutting-edge AI capabilities.
‘The Market Is Reacting’: Block Shares Fall as BNPL Growth Slows
Block’s shares tumbled 16% as spending growth slowed, raising concerns about its future. Cash App and Square units reported reduced profit growth, while the company bets on BNPL expansion to drive profits in 2025. Investors question long-term economics amid fierce competition.
$599 iPhone 16e, 3 Myths You Shouldn’t Believe: Apple Adds AI, Ditches the Fingerprint Scanner
Apple’s new iPhone 16e brings flagship features to a more affordable price point. With Apple Intelligence, an A18 chip, and a 6.1-inch OLED display, it’s a compelling option for those seeking high-end performance without breaking the bank.