By Noel Randewich (Reuters) -Wall Street’s AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after quarterly reports from Microsoft and Meta Platforms showed massive investments in the emerging technology were paying off. In extended trade, Microsoft jumped 8% and Meta surged 9%, with the two Magnificent Seven…
Home Viral Meet Breakthrough, Microsoft founder Bill Gates’ secret super yacht he never used, now up for sale for a whopping Rs…, the yacht is world’s first… The Breakthrough super yacht is the world’s first liquid hydrogen-powered vessel, secretly owned by Bill Gates, but the tech billionaire has reportedly never used the luxury boat. Bill…
By Stephen Nellis SAN FRANCISCO (Reuters) -Helion Energy, a startup backed by OpenAI’s Sam Altman and SoftBank’s venture capital arm, has started construction on a site for a planned nuclear fusion power plant that will supply power to Microsoft data centers by 2028, the company said on Wednesday. The site in Malaga, Washington, is in…
US stock futures traded higher on Wednesday as investors braced for the Federal Reserve’s interest-rate decision, economic updates, and earnings from tech giants Microsoft (MSFT) and Meta (META). Dow Jones Industrial Average futures (YM=F) held steady, while those on the S&P 500 (ES=F) ticked up 0.1%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.2%….
The California judge for Elon Musk’s racketeering lawsuit against Sam Altman granted the Tesla CEO a small legal victory Tuesday, but not before dinging both sides for trying to waste her time with “excessive” court filings. “The court will not waste precious judicial resources on the parties’ gamesmanship,” US District Judge Yvonne Gonzalez Rogers wrote….
More than half of the world’s artificial intelligence talent comes from the US and China, according to new research, which also highlighted Hong Kong’s role as a “superconnector”. The US and China accounted for 32.6 per cent and 22.4 per cent of global AI talent, respectively, according to the latest International Finance Forum (IFF) Global…
GitHub has launched Spark, a new AI tool that builds full-stack apps from simple text prompts. Spark is GitHub’s ambitious entry into the “vibe coding” trend, allowing users to go from an idea to a deployed application without writing code or configuring a server. Available in a public preview for GitHub Copilot Pro+ subscribers, the…
We get into the heart of the Q1 earnings season this week, with more than 850 companies reporting results, including four of the Magnificent 7 members and almost a third of S&P 500 members. We have Microsoft MSFT and Meta Platform META on deck to report results on Wednesday, July 30th, and Apple AAPL and…
Since his wedding day in late June, Bezos netted nearly 5.7 billion from the sale of Amazon.com Inc. shares. Jeff Bezos wrapped up a massive sale of Amazon.com Inc. shares valued at $1.7 billion, according to reports. The Amazon founder made the transaction between July 21 and 22 – days before the company’s earnings report…
Washington — Department of Homeland Security headquarters, several of its component agencies and the Department of Health and Human Services have been hacked as part of a wider breach of Microsoft’s SharePoint service, according to multiple U.S. officials. Microsoft confirmed its software was targeted by Chinese actors who deployed ransomware on the file sharing and…