Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target and began showing impatience over profitability.
Singapore’s Keppel posted a 5% rise in its full-year underlying profit on Wednesday, as earnings for its connectivity segment were boosted by strong demand for digital infrastructure required for artificial intelligence-based services.
French software company Dassault Systemes on Tuesday forecast revenue growth of between 6% and 8% for 2025, above the 5% rise seen last year, counting on its competitive positioning after its software revenue improved in the fourth quarter.
Hemanth Mandapati, boss of German startup Novo AI, was an early adopter of DeepSeek chatbots when he switched to the Chinese AI model from OpenAI’s ChatGPT two weeks ago.
If the objective behind digital transformation is to improve productivity, executives must have detailed knowledge of the adaptability of any solutions
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
STMicroelectronics, one of Europe’s largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025, as the downturn seen in its key markets drags on into the new year.
Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.