Apple (AAPL.O), opens new tab is expected to report tepid quarterly revenue growth on Thursday as its slow roll-out of artificial intelligence features and tough Chinese competition weighed on iPhone demand during the crucial holiday-shopping season.
The company and its rivals Google and Samsung have been leaning on AI to drive sales of their devices. But Apple's latest iPhone 16 series lacked suc...
READ MORE
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has propelled the market higher.
Tech stocks, led by megacap companies, have been the driving force of the current bull market. The S&P 500 tech sector (.SPLRCT), opens new tab has gained some 90% in the past two years, nearly...
READ MORE
Chinese tech company Alibaba (9988.HK), opens new tab on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.
The unusual timing of the Qwen 2.5-Max's release, on the first day of the Lunar N...
READ MORE
ByteDance's TikTok will invest 126.8 billion baht ($3.76 billion) in a data hosting service in Thailand, the country's investment board said on Wednesday.
The investment was among $5 billion of approved new projects announced by Thailand's Board of Investment. It s...
READ MORE
Global technology shares sank on Tuesday, as a market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered its second day, making investors question the sky-high valuation and dominance of AI bellwethers.
Shares of Nvidia (NVDA.O), opens new tab, a leader in the AI chip market, fell...
READ MORE
TravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC.
The fresh financing doubles...
READ MORE
DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing users will be able to log in as usua...
READ MORE
Chinese startup DeepSeek's AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple's App Store in the United States.
Powered by the DeepSeek-V3 model, which its creators say "tops the leaderboard among open-source models and rivals the most advanced closed-source models globally", the artificial intelligence application has surged in...
READ MORE
Digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets including the Indian Express and the Hindustan Times, are joining proceedings against OpenAI for improperly using copyright content, legal papers show.
Courts globally are hearing claims by authors, news organisations and mu...
READ MORE
