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SpaceX is exploring potential mergers with Tesla Inc or artificial intelligence startup xAI, as Elon Musk considers ways to consolidate his growing business empire.The aerospace company has held internal talks about the feasibility of a SpaceX–Tesla merger, an idea that some investors are actively encouraging, reported Bloomberg, citing sources. Separately, SpaceX is also evaluating a…
US stocks edged higher on Wednesday, with the S&P 500 breaching the 7,000-point mark for the first time, underscoring sustained investor optimism around artificial intelligence, resilient Big Tech earnings prospects and expectations of eventual monetary easing.The benchmark index rose 0.3 per cent, extending gains after its latest record close. The Dow Jones Industrial Average advanced…
Zoho founder Sridhar Vembu has shared concerns about how artificial intelligence (AI) may change the structure of software teams. Sharing a post on microblogging platform X (formerly Twitter), Vembu said that AI is making senior software architects more productive, but at the same time it is also reducing the need for junior engineers. This shift,…
LAS VEGAS: With artificial intelligence the dominant theme of the world’s largest consumer electronics show, CES 2026 , Samsung Electronics unveiled its ‘Companion to AI living’ vision at The First Look, its preview event.“Samsung is building a more unified, more personal experience across mobile, visual display, home appliances and services,” said T M Roh, CEO…
BENGALURU: For much of 2025, artificial intelligence did not enter people’s lives through dramatic product launches or viral demos. Instead, it slipped in quietly, taking over small, repetitive tasks that many users barely noticed. What began as casual experimentation with chatbots has, for many, evolved into a set of everyday tools that now handle remembering,…
“The Big Short“ investor Michael Burry has a China warning for the US. Burry, one of the most influential Wall Street investors, has warned that America’s reliance on power-hungry Nvidia chips will hand China victory in the artificial intelligence (AI) race. In a recent post shared on the microblogging site X (formerly Twitter), he pointed…
Left- AI generated reperesentative image; Right- Ruchir Sharma (File photo) The global economy has entered a phase where artificial intelligence has become the dominant force shaping growth, markets and policy, with the US now the most exposed to both its promise and its risks, according to economist and investor Ruchir Sharma.“This big factor has out-Trumped…
The US Department of Defense has launched GenAI.mil, a new AI platform powered by Google Cloud’s Gemini for Government, to equip nearly 3 million personnel with advanced capabilities. This initiative aims for AI technological superiority, enabling tasks like policy summarization and risk assessment. The platform ensures secure, unclassified use, with Google guaranteeing data won’t train…
Microsoft founder Bill Gates‘ daughter Phoebe Gates has raised $30 million funding for her artificial intelligence (AI) shopping startup, Phia. The new funding values the company at $180 million. However, Phoebe Gates’ father has yet to invested in the venture. Instead, the Bill Gates donated his time and experience to her daughter’s startup. Earlier this…
SoftBank Group founder Masayoshi Son revealed that he “was crying” when he sold the company’s stake in Nvidia, highlighting how reluctant he was to part with the fast-rising chipmaker. This emotional exit raises a key question — what compelled Japan’s second-richest man to give up the shares despite not wanting to?Speaking at the FII Priority…
