Breaking News: Technology
Intel partners with AI chip startup SambaNova after acquisition talks reportedly failed
SambaNova Systems Welcomes Semiconductor Industry Veteran, Lip-Bu Tan, in an Operational Role as Executive Chairman Source: Business Wire In addition to running Intel, Lip-Bu Tan is chairman of artificial intelligence chipmaker SambaNova, which he first invested in eight years ago. Now Intel is pumping money into the startup as it tries to take on industry […]
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He hesitated to take the CEO job. Here’s why Schneider Electric’s Olivier Blum ultimately said yes — and plans to stay
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Thrust unexpectedly into the top job, Olivier Blum reveals how resilience, discipline and constant learning shaped his rise to CEO of Schneider Electric. Source
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As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
From left, MangoAI’s Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI’s Vinith Misra. Canva Software stocks have been hammered in recent weeks as investors worry about threats from artificial intelligence. In the startup world, Canva has been among the highest fliers due to its popularity with designers, but that market is […]
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Jim Cramer says AI fears have made the stock market fragile
CNBC’s Jim Cramer offered a blunt takeaway from Monday’s selloff: Artificial intelligence concerns have left the stock market incredibly fragile. After the S&P 500 and Nasdaq each shed more than 1%, the “Mad Money” host urged investors to exercise caution because stocks were “just too easy to take down today.” The reason for the early-week […]
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Uber acquiring parking app SpotHero as it moves beyond ride-hailing and food delivery
Uber to acquire SpotHero. Courtesy: Uber Technologies, Inc. Uber said it’s acquiring SpotHero, a company that provides a parking reservation app for crowded downtowns, sporting events and concerts. Terms weren’t disclosed, but Uber said on Monday that it plans to offer a “parking reservation experience, powered by SpotHero” within its own app to help users […]
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IBM is the latest AI casualty. Shares are tanking 11% on Anthropic programming language threat
International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images International Business Machines stock is getting slammed, becoming the latest victim of rapidly developing AI technology, after Anthropic’s Claude announced COBOL capabilities. Shares […]
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Amazon to spend $12 billion in Louisiana on AI data centers
An aerial view of an Amazon Web Services Data Center known as US East 1 in Ashburn, Virginia, U.S., October 20, 2025. Jonathan Ernst | Reuters Amazon said Monday it plans to spend $12 billion on new data center campuses in Louisiana and the infrastructure to power artificial intelligence and cloud computing. The campuses will […]
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Cybersecurity stock selling deepens on AI threat concerns. Why we’re not bailing
Investors are running for the exits on cybersecurity stocks as persistent artificial intelligence disruption fears overpower the industry’s strong fundamentals. We are not among them. The steep sell-off began Friday and extended into Monday’s session following Anthropic’s announcement of Claude Code, an AI-powered assistant designed to scan code bases for security vulnerabilities and suggest targeted […]
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Cybersecurity stocks drop for a second day as new Anthropic tool fuels AI disruption fears
CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Martina Albertazzi | Bloomberg | Getty Images Cybersecurity stocks dropped for a second day on Monday as investors fretted over new artificial intelligence security tools that threaten to displace the sector’s longstanding business models. […]
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Anthropic CEO Dario Amodei to meet with Defense Secretary Pete Hegseth on AI DoD model use
Dario Amodei, chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Ruhani Kaur | Bloomberg | Getty Images Anthropic CEO Dario Amodei will meet with Defense Secretary Pete Hegseth at the Pentagon on Tuesday morning to discuss how the military will use the startup’s artificial […]
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