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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[...]
Wall Street ends mixed as tech dips, defense stocks rally
Jan 8 (Reuters) - Wall Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defense companies advanced after President Donald Trump called for an enlarged $1.5 trillion military budget. Nvidia, Broadcom and Microsoft declined. A drop in the S&P 500 technology index left it down about 1% so far in[...]
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[...]
Nvidia says next-gen Rubin AI chips in full production
LAS VEGAS, Jan 5 (Reuters) - Nvidia CEO Jensen Huang said on Monday that the company’s next generation of chips is in “full production,” saying they can deliver five times the artificial-intelligence computing of the company’s previous chips when serving up chatbots and other AI apps. In a speech at the Consumer Electronics Show i[...]
FOR THE RECORD: January 2026
CENTRAL VIRGINIA CleanArc Data Centers is building a $3 billion data center campus in Caroline County. Located in Ruther Glen, the data center campus is expected to create 50 jobs once it’s operating at its full 900-megawatt capacity. CleanArc, a Las Vegas-based hyperscale data center developer and operator, held a groundbreaking f[...]
Top Five: January 2026
1 | University board fight ends; Spanberger to fill 22 seats The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of visitors ended as both sides acknowledged the matter would be made moot by the new General Assembly session and change in gubernatorial administrations. (Dec. 9) 2 | SAIC sha[...]
Nvidia in talks to buy Israeli AI startup AI21 for $3B
JERUSALEM, Dec 30 (Reuters) - Nvidia is in advanced talks to buy Israel-based AI startup AI21 Labs for as much as $3 billion, the Calcalist financial daily reported on Tuesday. Nvidia declined to comment, while AI21 was not immediately available to comment. A 2023 funding round valued AI21 at $1.4 billion. Nvidia and Alphabet's[...]
Nvidia, joining Big Tech deal spree, to license Groq technology, hire executives
Dec 24 (Reuters) - Nvidia has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet's Google, Groq said in a blog post on Wednesday. The deal follows a familiar pattern in recent years where the world's biggest technology firms pay large sums in deals with promising startups to take their[...]
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 str[...]
Trump Media bets on fusion energy with $6 billion TAE deal
Dec 18 (Reuters) - U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry leaders met with U.S. Energy Department representatives to urge federal funding. The all-stock deal announced on Thursd[...]
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 effo[...]
Trump Launches $1M ‘Gold Card’ Offering Path to Citizenship
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[...]
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[...]
Disney invests $1B in OpenAI, strikes Sora licensing deal
Disney is investing $1 billion in OpenAI and will bring characters such as Mickey Mouse, Cinderella and Luke Skywalker to the AI company's Sora video generation tool, in a licensing deal that the two companies announced on Thursday. At the same time, Disney went after Google, demanding the tech company stop exploiting its copyrigh[...]
Time magazine names ‘Architects of AI’ as its person of the year for 2025
The “Architects of AI” were named Time's person of the year for 2025 on Thursday, with the magazine citing this year as when the potential of artificial intelligence “roared into view" with no turning back. “For delivering the age of thinking machines, for wowing and worrying humanity, for transforming the present and transcending[...]
OpenAI names Slack’s Denise Dresser first chief of revenue
SAN FRANCISCO (AP) — OpenAI said Tuesday it has picked Slack CEO Denise Dresser as its first chief of revenue, a message to wary investors that the ChatGPT maker is serious about making a profit from its artificial intelligence technology. OpenAI said Dresser will oversee global revenue strategy and “will help more businesses put[...]
Trump allows limited Nvidia chip sales to China
WASHINGTON (AP) — President Donald Trump said Monday that he would allow Nvidia to sell an advanced type of computer chip used in the development of artificial intelligence to “approved customers” in China. There have been concerns about allowing advanced computer chips to be sold to China as it could help the country better compe[...]
EU probes Google over possible AI antitrust violations
LONDON (AP) — Google faces fresh antitrust scrutiny from European Union regulators, who opened an investigation Tuesday into the company's use of online content for its artificial intelligence models and services. The flurry of regulatory flexing by Brussels that has targeted Big Tech risks antagonizing President Donald Trump's ad[...]
OpenAI CEO Sam Altman declares ‘code red’ to improve ChatGPT amid rising competition
SAN FRANCISCO (AP) — OpenAI CEO Sam Altman has set off a “code red” alert to employees to improve its flagship product, ChatGPT, and delay other product developments, according to The Wall Street Journal. The newspaper reported that Altman sent an internal memo to staff Monday saying more work was needed to enhance the artificial[...]
Why Cyber Monday could break spending records despite economic uncertainty
NEW YORK (AP) — After four days of deal-fueled spending sprees that kicked off on Thanksgiving, shoppers shifted their focus on Cyber Monday, which is again expected to be the biggest sales day of the year for online retailers. Walmart was promoting up to 50% off on fashion on its website among some of the deals, while online jugg[...]
