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OpenAI, the pioneering company behind ChatGPT, is quietly laying the foundation for what could be the largest and most highly anticipated initial public offering (IPO) in years. According to reports from Reuters, the company is preparing for a public debut that sources suggest could value the AI juggernaut at up to an astonishing $1 trillion….
Character.AI, the popular chatbot platform, announced it will stop users under 18 from engaging in open-ended chats with its characters. Starting now, teens face a two-hour daily limit on character chats. From November 25, the company will entirely block chat in the platform’s “conversational” mode for under-18s. Instead, the younger users can only create videos…
Nvidia has made history, becoming the first company ever to surpass a $5 trillion market valuation. The rise is powered by surging demand for its AI-chips, especially the H100 and Blackwell models. These processors now underpin major generative-AI models and data-centres globally. In just three months, Nvidia jumped from a $4 trillion valuation to $5…
Meta Platforms (META) shares experienced volatility following its latest earnings report, not over revenue figures, but due to a massive increase in its AI spending guidance. CEO Mark Zuckerberg’s commitment to building the Artificial Intelligence infrastructure of the future is translating into a sharp rise in Capital Expenditures (CapEx), a move that has deeply unsettled…
As Big Tech firms begin rolling out their latest earnings, analysts say capital expenditure (capex) is the number that could reveal the most about their future performance. Unlike past focus on revenue or profit alone, capex reflects how much companies are investing in data centres, chips and infrastructure—essential building blocks as the AI arms race…
A U.S. company with direct links to global telecom giants has revealed that it suffered a prolonged state-sponsored cyberattack. Ribbon Communications, based in Texas, provides critical voice and data-routing services to major carriers such as Verizon, Deutsche Telekom and SoftBank Group. Its October 10-Q filing shows that hackers linked to a foreign state gained access…
Tesla announced it will debut its long-anticipated autonomous vehicle Cybercab at the (CIIE) in Shanghai, running from November 5–10. The electric carmaker shared the news via a post on social media by one of its executives, marking a key milestone in the company’s push into the Chinese market. The Cybercab is part of Tesla’s move…
NVIDIA held its annual GTC 2025 conference, where CEO Jensen Huang unveiled a visionary roadmap for the next wave of artificial intelligence and computing. Huang highlighted the transition from simple AI to “agentic” AI — systems that can reason, plan and act on their own. He said the world needed more compute power, faster chips…
Elon Musk has introduced Grokipedia, an AI-driven online encyclopedia created by his company xAI. It launched as version 0.1 with approximately 885,000 articles. Musk positioned Grokipedia as a rival to Wikipedia, which he has publicly criticised for having a left-leaning bias. He said the new platform is committed to delivering “the full truth”. Unlike Wikipedia,…
Merck and Eisai have stopped a major late-stage trial for their liver cancer treatment after early results showed the drug combination was unlikely to improve patient survival. The two companies were testing Keytruda, Merck’s top immunotherapy drug, with Eisai’s cancer medicine Lenvima. The goal was to see whether the combination could help patients with hepatocellular…
