Author: precious

The AI-driven capital expenditure boom sweeping through tech giants, especially hyperscalers, may be entering a perilous phase, Deutsche Bank analysts Adrian Cox and Stefan Abrudan report. The bank’s research highlights a growing disconnect between sky-high AI infrastructure investments and the financial returns these companies can realistically achieve, which also raises concerns about overvaluation and the risk of a valuation reset in the tech sector. The emerging tension, according to the analysts, highlights the challenging economics behind the race to build AI data centers and the sustainability of market enthusiasm around AI. Hyperscalers like Microsoft, Amazon, Meta, and Alphabet’s Google have…

OpenAI is moving beyond software to control a critical piece of its AI future by building its own custom-made artificial intelligence chip. Partnering with semiconductor giant Broadcom, OpenAI plans to mass-produce its custom chip starting in 2026, marking a bold step to reduce reliance on existing GPU suppliers like Nvidia and cut costs while optimizing performance for its AI workloads. This partnership, backed by a $10 billion commitment as reported by Financial Times, indicates the intensifying arms race among tech giants to develop specialized hardware tailored to their unique AI needs. The ChatGPT-maker, in developing its AI products, depends on…

GenAI startup ProRata.ai recently secured $40 million in a Series B funding to accelerate the rollout of Gist Answers, an innovative product that is designed to create more revenue opportunities for publishers, especially in the current AI era. With the advent and fast adoption of GenAI comes a growing challenge publishers are dealing with. While their content fuels AI-powered search results and responses, publishers have received little to no compensation for this usage. Gist Answers will directly address this imbalance by putting publishers back in control of how AI uses their content and by creating a new business model where…

Accelerating Starlink’s ambitions to eliminate mobile dead zones and extend 5G coverage to every corner of the globe, Space X has made a massive $17 billion purchase of wireless spectrum from satellite operator EchoStar. This acquisition is set to empower SpaceX’s Starlink project to deliver cellular service directly to smartphones worldwide and at large redefine the future of global connectivity. Through this deal, SpaceX is reported to have acquired EchoStar’s AWS-4 and H-block spectrum license, an essential asset for Starlink to deliver high-capacity, low-latency satellite-to-cellular broadband connectivity. SpaceX will also pay a combination of $8.5 billion in cash with $8.5…

Cato Networks, a leading Secure Access Service Edge (SASE) has acquired Aim Security to strengthen enterprise protection against AI-related security threats, marking the SASE leader’s first acquisition as artificial intelligence workflows create new attack vectors against businesses. The acquisition of Aim Security, an Israeli enterprise-grade GenAI security platform, brings to fore the increasing urgency and need for companies to secure their AI-powered operations.  Aim Security has quickly gained recognition for its comprehensive AI security platform tailored to protect enterprises from evolving AI-related cyber threats. In fact, the company is known to have come up with the phrase “AI Security” after…

Setting new records in space launch cadence and infrastructure scale, SpaceX has expanded its Starlink satellite constellation with the recent deployment of 24 more satellites, bringing SpaceX’s deployment to over 2,000 in this year alone. This expansion highlights SpaceX’s unwavering commitment to revolutionize global internet access through its ambitious broadband satellite network Starlink. SpaceX recently launched a Falcon 9 rocket to deploy 24 more Starlink V2 mini satellites from Vandenberg Space Force Base. The Falcon 9 booster used in this launch also completed its record 20th flight. As such, SpaceX’s Starlink constellation now comprises over 8,000 active satellites in low-Earth…

What’s happening right now in the world of technology-cum-politics is reshaping the relationship between the U.S. and its allies, with the tech giants caught in the middle. President Donald Trump is escalating tensions with foreign governments over digital regulations that are targeting major American technology companies like Apple, Meta, Google, and Amazon. Unlike traditional trade disputes focused on physical goods, this clash centers on how governments regulate online platforms, data, and digital markets. And in response to how foreign regulators treat American tech giants, Trump is pushing back with threats, export restrictions, and sanctions against officials behind these new rules.…

Apple’s AI strategy has come under the microscope yet again. Wall Street analysts aren’t pleased that a company, once seen as a trailblazer in the advancement of technology, is now faced with an approach to artificial intelligence that critics label “invisible.” The buzz around AI has spurred many companies into action so they can have a taste of the technology. Giants like Google, Microsoft and OpenAI continue to race ahead with bold innovations and pouring massive investments into the development of AI. Meanwhile, Apple’s strategy still remains at a standstill, and analysts and investors are now asking when Apple’s AI…

The development of artificial intelligence (AI) has ushered in a new era of cyberattacks as it has recently become a partner to threat actors. Anthropic, a leading artificial intelligence company, recently reported that its AI system, Claude, has been exploited by cybercriminals in damaging ways and in what the company calls “sophisticated cyberattacks.” This isn’t just an average or the usual cyberattacks we hear about daily. It is a massive AI-powered operation, with Anthropic confirming that threat actors mostly targeted organizations in healthcare, emergency services, government and religious institutions. In the full report, Anthropic discussed how Agentic AI has been…

Elon Musk’s artificial intelligence startup xAI has filed an antitrust lawsuit against Apple and OpenAI, accusing both tech giants of conspiring to dominate the smartphone and AI chatbot markets through anti-competitive practices. Lodged in a U.S. federal court in Texas, the lawsuit seeks billions of dollars in damages and aims to disrupt the exclusive partnership between Apple and OpenAI that xAI says “unfairly locks out competitors” like itself.  The exclusive partnership between Apple and OpenAI is the major point of this lawsuit, as both companies recently came to an agreement to integrate ChatGPT into Apple’s line of products (iOS, iPadOS…