Artificial intelligence chip startup Etched is reportedly preparing to quadruple its valuation to around $20 billion. As The Wall Street Journal (WSJ) reported Friday (July 17), sources familiar with the matter say the company is capitalizing on a soaring market for venture capital investments in...
Apple plans to raise prices due to a surge in the costs of memory and storage chips, CEO Tim Cook told The Wall Street Journal (WSJ) in a report posted Wednesday (June 17). Cook declined to say when the planned price increases would take effect,...
Google is working with asset manager Blackstone to launch an artificial intelligence (AI) cloud company. The new venture is designed to provide “efficient data center capacity, operations, networking, and Google Cloud’s tensor processing units (TPUs) as a compute-as-a-service offering,” Blackstone said in its announcement Tuesday...
Apple has introduced faster-yet-costlier versions of its MacBook computers amid an ongoing memory chip drought. The tech giant on Tuesday (March 3) released updated versions of the MacBook Air featuring the M5 processor and MacBook Pro featuring M5 Pro and M5 Max chips, part of...
January 27, 2025
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it could be overpaying for this emerging technology. Google, Microsoft and Amazon shares are also down. The culprit: Chinese AI startup DeepSeek’s artificial intelligence (AI) models […]
July 01, 2024
As tech giants worldwide scramble to dominate the artificial intelligence (AI) chip market, South Korea’s SK Hynix is making a $74.6 billion wager that could redefine the semiconductor industry —...
October 11, 2026
Amazon is reportedly in discussions to purchase artificial intelligence startup Decart in a roughly $7 billion deal. That’s according to a report Sunday (Oct. 11) by The Wall Street Journal (WSJ), citing sources familiar with the matter. Those sources say a deal could come together soon, provided the talks don’t collapse and another contender doesn’t […]
July 19, 2026
Artificial intelligence chip startup Etched is reportedly preparing to quadruple its valuation to around $20 billion. As The Wall Street Journal (WSJ) reported Friday (July 17), sources familiar with the...
June 17, 2026
Apple plans to raise prices due to a surge in the costs of memory and storage chips, CEO Tim Cook told The Wall Street Journal (WSJ) in a report posted...
May 19, 2026
Google is working with asset manager Blackstone to launch an artificial intelligence (AI) cloud company. The new venture is designed to provide “efficient data center capacity, operations, networking, and Google...