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Alphabet to buy clean energy developer Intersect in $4.75 billion deal amid AI push
Dec 22 (Reuters) – Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and power capacity necessary for developing artificial intelligence. Big Tech has ramped up investments in energy firms as U.S. power grids struggle to […]
Stocks rise on Wall Street as AI stocks turn higher again
US stocks rose Friday, with tech and AI shares lifting the S&P 500 and Nasdaq to weekly gains, even as investors weighed inflation, tariffs and slowing growth.
Wall St closes higher fueled by tech rally, soft inflation data
Dec 18 (Reuters) – Wall Street’s main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron’s blowout forecast signaled strong AI demand. The Consumer Price Index report showed that consumer prices increased less than expected in the year to November. The […]
Google works to erode Nvidia’s software advantage with Meta’s help
Dec 17 (Reuters) – Alphabet‘s Google is working on a new initiative to make its artificial intelligence chips better at running PyTorch, the world’s most widely used AI software framework, in a move aimed at weakening Nvidia‘s longstanding dominance of the AI computing market, according to people familiar with the matter. The effort is part […]
Peraton executive returns to SAIC as chief growth officer
Science Applications International Corp. announced that it has tapped Ravi Dankanikote to be chief growth officer, effective immediately.
Leidos names AI chief technology officer
Leidos has named Ted Tanner chief technology officer to accelerate artificial intelligence, cyber, quantum and mission software deployment.
AI boom fuels new push for humanoid robots, despite doubts
MOUNTAIN VIEW, Calif. (AP) — Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and “boring, honestly,” says venture capitalist Modar Alaoui. But the commercial boom in artificial intelligence has lit a spark under long-simmering visions to build humanoid robots that can move their mechanical bodies like humans and do things [&hell[...]
Time magazine names ‘Architects of AI’ as its person of the year for 2025
Time named the “Architects of AI” as its 2025 Person of the Year, highlighting tech leaders who drove artificial intelligence into the mainstream.
Gainesville automation company acquired by Naviant
Naviant announced last week that it has acquired Versivo, a Gainesville-based business process automation provider.
OECD lifts global, US growth outlook for 2025
WASHINGTON (AP) — The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year. The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick […]
Investment advising in the AI era
When wealth advisers and clients meet these days, it’s likely an AI tool will join in some capacity. As seems true of every industry right now, artificial intelligence is transforming wealth management and, by virtue, the adviser-client relationship. It might be tempting to predict — as some analysts have — that AI could put advisers […]
2025: The year of living disruptively
Looking back on 2025, the best symbol of the past year’s upheaval might be the White House, if not its most famous occupant. Since moving back into 1600 Pennsylvania Ave. in January, our real estate mogul president has launched into a series of home renovations worthy of its own HGTV series. The most prominent changes […]
