Chinese tech heavyweights including Alibaba Group, ByteDance and Tencent Holdings are turning to domestic chipmakers to ease the pain from a deepening global shortage of memory chips, according to four people with direct knowledge of the matter. The three companies are in talks to buy more standard memory chipsâknown as DRAM, or dynamic random-access memory, and NAND flash, which stores data long-termâfrom two Chinese companies to keep their data centers... Read more âș
0
Shares of chip designer Broadcom were trading up 6% in pre-market trading on Thursday, in the wake of the companyâs bullish January quarter earnings. Broadcom reported 29% revenue growth but, importantly, 106% expansion in revenue from its fast-expanding AI chip business. Broadcom helps ... Read more âș
0
OKX, a crypto exchange giant thatâs been considering a U.S. IPO, said it received a strategic investment from the Intercontinental Exchange, the parent of the New York Stock Exchange, that values the crypto firm at $25 billion. The investment will represent less than 10% of OKXâs stake, said ... Read more âș
0
Alibaba Group will establish a âfoundation model task forceâ to coordinate group-wide resources and accelerate its AI development, its CEO said Thursday, after a top researcher behind the companyâs Qwen suite of models resigned. He also said the company will continue to uphold its commitment to ... Read more âș
0
Shares in The Trade Desk gained 9% after hours Wednesday after The Information reported that OpenAI has held early talks to partner with the company, which offers an automated platform for advertisers to place ads on a large scale. Before the report, the ad tech company shares had lost more than ... Read more âș
0
OpenAI topped $25 billion in annualized revenue as of the end of last month, according to a person familiar with the figure. Thatâs a 17% increase from the $21.4 billion in annualized revenue the company was generating at the end of the year, according to the person and a second person with knowledge of the figures. OpenAI is still generating more revenue than its younger rival Anthropic, though the difference... Read more âș
0
OpenAI has picked two law firms, Cooley and Wachtell Lipton Rosen & Katz, to prepare for an initial public offering that could come as soon as this year, according to people familiar with the matter. Selecting lawyers to prepare for a listing is one of the first concrete steps the ChatGPT maker has made towards a public listing and usually precedes other measures, such as appointing investment banks to advise... Read more âș
0
A scathing internal memo from Anthropic CEO Dario Amodei last week characterized OpenAIâs recent move to strike a Pentagon partnership as âmendaciousâ and accused rival Sam Altman, OpenAIâs CEO, of engaging in âsafety theaterâ that was insufficient to prevent misuse in military contexts like ... Read more âș
0
OpenAI is scaling back its plan to introduce shopping directly inside ChatGPT, marking a change in its high-profile effort to put checkouts inside the chatbot. Instead of allowing users to make purchases directly from product listings that show up in ChatGPT search results, the company is now focused on having checkouts take place inside of specific apps that plug into ChatGPT, an OpenAI spokesperson said. The reasons for the change... Read more âș
0
Who hates Sam Altman moreâElon Musk or Anthropic CEO Dario Amodei? If you guessed Elon Musk, our scoop today about the no-holds-barred memo Amodei sent to his staff on Friday about the Pentagon brouhaha might change your mind. Apart from calling OpenAIâs messaging over the Pentagon issue âmendacious,â Amodei explained the Pentagonâs targeting of Anthropic partly by noting: âWe havenât given dictator-style praise to Trump (while Sam has).â Ouch. No... Read more âș
0
Crypto exchange Kraken said it became the first crypto firm to gain direct access to the Federal Reserveâs core payments system, a privilege typically reserved only for banks, allowing it to move money for clients without relying on a bank. The approval signals the Federal Reserveâs willingness ... Read more âș
0
A Florida father is suing Google after his son died by suicide after Googleâs Gemini chatbot allegedly encouraged him to do so, according to a complaint filed on Wednesday in federal court in California. The complaint alleged that Gemini encouraged Jonathan Gavelas, 36, to stage a âcatastrophic ... Read more âș
0
OpenAI has held early talks to partner with The Trade Desk, a publicly traded ad tech company, to help the ChatGPT maker sell ads, according to three people with knowledge of the matter. The talks indicate that OpenAI, which launched ads in ChatGPT in early February, will initially lean on external partners to help it sell ads and quickly ramp up its business. For instance, The Trade Desk offers an... Read more âș
0
Anthropic CEO Dario Amodei sent a 1,600-word memo to employees Friday as OpenAI announced a deal to provide AI to the Pentagon. The OpenAI move came hours after the Pentagon said it would sever ties with Anthropic over the companyâs safety requirements. In the strongly worded memo, Amodei heavily criticized OpenAIâs actions and the initial deal it announced with the Pentagon. Below is Amodeiâs memo, which has been edited to... Read more âș
0
Embo, an AI startup co-founded by former Google DeepMind research scientists, is in talks to raise a seed round of more than $100 million led by Andreessen Horowitz, according to a person with direct knowledge of the matter. The startupâs founders, Danijar Hafner and Wilson Yan, are developing ... Read more âș
0
Anthropic CEO Dario Amodei on Friday told employees that a deal OpenAI and its CEO Sam Altman struck to provide AI to the Department of Defense was âsafety theater,â adding that the Trump Administration didnât like Anthropic in part because the company hadnât âgiven dictator-style praise to Trump.â Amodei made the comments in a 1,600-word message to more than 2,000 employees the same day the Pentagon said it planned to... Read more âș
0
Deutsche Telekom, which announced a deal this week to bring SpaceXâs Starlink Mobile to Europe, is also open to working with other direct-to-cell service providers if they can offer competitive service, the companyâs CEO told The Information this week. However, Deutsche Telekom CEO Timotheus ... Read more âș
0
Apple announced a low-priced laptop on Wednesday, the MacBook Neo, which starts at $599. Instead of using Appleâs M-series Mac chips, the Neo is powered by the companyâs slightly older A18 Pro chip found in the iPhone 16 Pro, released in 2024. This is the first time Apple has released a laptop ... Read more âș
0
Nvidia CEO Jensen Huang said Wednesday his firmâs plan, announced last September, to invest up to $100 billion into OpenAI is âprobably not in the cardsâ anymore, citing the fact that OpenAI is âgoing to go public.â Huang was speaking at the Morgan Stanley Technology, Media and Telecom ... Read more âș
0
Major technology companies are expected to join President Trump at the White House Wednesday to vow that their data centers wonât increase electricity prices for Americans, according to a White House official. Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon are expected to attend and ... Read more âș
0
Most popular sources
Tech Wire Asia
|
0% |
ScienceDaily
|
0% |
Sifted
|
0% |
EU-Startups
|
0% |
Irish Tech News
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
06.05.2026 18:18
Last update: 18:10 EDT.
News rating updated: 01:10.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.