Nvidia has purchased $5 billion in Intel shares as part of a larger tech partnership. Intel confirmed the purchase of 214.7 million shares in a securities filing Monday (Dec. 29), concluding a deal first announced in September. A report on the purchase by Reuters characterizes it as a significant lifeline for Intel,...
Some of the biggest names in tech, including Google, Amazon, and Apple, saw their stocks battered this week amid fears that the artificial intelligence (AI) revolution has turned into a dangerous bubble. Read more in the PYMNTS weekly roundup of AI news. AI Hype Spooked...
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. The companies say the new arrangement, announced Monday (Aug. 18), represents a commitment to investing in advanced technology and semiconductor innovation in the U.S. “Semiconductors are the foundation of every industry,” Masayoshi Son,...
This week marked three major developments in the artificial intelligence (AI) space. Microsoft is making Windows agentic, while OpenAI is developing AI-native devices with former Apple designer Jony Ive. Meanwhile, Google is embedding agentic checkout in Search. Here’s this week’s AI roundup. Agentic Transformation of...
March 21, 2024
Saudi Arabia aims to carve out a leadership role in the burgeoning artificial intelligence (AI) field with a proposed $40 billion investment fund, as The New York Times reported. The country is one of many global giants in the race to shape the future of AI, including Andreessen Horowitz and Nvidia, with investments in generative […]
January 10, 2024
CES 2024 is shaping up to be a watershed event for artificial intelligence (AI) and the connected economy. After the pre-show hype focused on robotics and the connected home, the...
January 03, 2024
If next week’s Consumer Electronics Show is any indication, artificial intelligence is moving from the world of engineering and technology to the province of consumers, commerce and the connected economy....
December 07, 2021
The road to connected cars, to autonomous vehicles, is only as smooth as the technology under the hood, so to speak. Intel is betting that a spinoff of its own...
December 29, 2025
Nvidia has purchased $5 billion in Intel shares as part of a larger tech partnership. Intel confirmed the purchase of 214.7 million shares in a securities filing Monday (Dec. 29), concluding a deal first announced in September. A report on the purchase by Reuters characterizes it as a significant lifeline for Intel, following years of missteps and costly production capacity expansions which […]
August 19, 2025
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. The companies say the new arrangement, announced Monday (Aug. 18), represents a commitment to investing in advanced technology...
March 06, 2025
President Trump will reportedly meet with top U.S. tech companies facing tariff-related pressure. The CEOs of IBM, Intel, Qualcomm and HP will gather at the White House on Monday (March...
December 10, 2024
Apple is looking to expand the texting capabilities of its smartwatches by enabling users to send texts through a satellite connection in 2025. This means that users can communicate with...