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Appian wins $500M Army contract
Appian announced last week that the U.S. Army has awarded the company a new enterprise contract valued at up to $500 million.
US approves Nvidia H200 chip exports to China with some conditions
The Trump administration approved Nvidia’s H200 AI chip sales to China under new restrictions, drawing concern from national security hawks.
Microsoft rolls out initiative to limit data-center power costs, water use impact
Microsoft says it will curb water use and cover power costs at U.S. data centers as communities and Trump raise concerns grow.
Trump seeks to quell data center rebellion
Trump urges tech giants, led by Microsoft, to ensure AI data centers don’t raise electricity bills amid community backlash.
Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
Jan 12 (Reuters) – Alphabet hit a $4 trillion market valuation on Monday, as the Google parent’s sharpened artificial intelligence focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes race. The tech giant on Wednesday surpassed Apple in market capitalization for the first time since 2019, becoming the […]
JPMorgan’s asset management arm to end use of proxy advisers in US, memo shows
Jan 7 (Reuters) – JPMorgan Chase’s asset management division no longer plans to use proxy advisers in the U.S., according to an internal memo seen by Reuters on Wednesday, a move the bank described as an industry first. Conservatives and some business leaders have for years leveled complaints about proxy advisers and large fund managers, […]
EAB acquires UK-based AI marketer
EAB, which has a significant presence in Henrico County, has acquired U.K.-based Hybrid to expand AI-powered digital marketing services for colleges and universities.
Chip stocks jump on AI optimism; Dow ends at record high
Wall Street ends higher as chip stocks rally on AI optimism, Moderna jumps and the Dow reaches a record high.
Hyundai Motor Group plans to deploy humanoid robots at US factory from 2028
LAS VEGAS, Jan 5 (Reuters) – Hyundai Motor Group plans to deploy humanoid robots at its U.S. manufacturing plant in Georgia starting in 2028, marking a step toward automating higher-risk and repetitive manufacturing tasks, the South Korean company said. Hyundai unveiled the production version of the Atlas humanoid robot, developed by its unit Boston Dynamics, […]
Nvidia says next-gen Rubin AI chips in full production
Nvidia CEO Jensen Huang says the new Rubin chip platform delivers up to five times more AI computing power.
Cvent to acquire ON24 for $400M
Cvent announced this week that it plans to acquire San Francisco-based software development company ON24 for $400 million.
BigBear.ai completes $250M Ask Sage purchase
BigBear.ai announced Wednesday that it has completed its $250 million acquisition of Ask Sage, a Warren County-based company.
