Wall Street Slides as AI Funding Fears Hit Tech Stocks
US stocks closed lower on Wednesday, extending recent losses as renewed concerns over AI spending, debt levels, and returns...
Welcome to the Tech section of Finblog.com, where we explore the cutting-edge advancements and trends in technology that are reshaping the financial landscape. This category is dedicated to providing you with insightful analysis and updates on the latest technological innovations and their impact on finance and business.
OpenAI in Talks With Amazon Over Potential $10B+ Investment
OpenAI is in discussions with Amazon about a major investment that could exceed $10 billion, according to people familiar...
Google DeepMind CEO Warns AI Startup Bubble Is Forming
Google DeepMind CEO Demis Hassabis warned that parts of the AI startup market are wildly overpriced and heading toward...
How China built its ‘Manhattan Project’ to rival the West in AI chips
China has built a working prototype of an extreme ultraviolet (EUV) lithography machine, a technology long controlled by the...
Elon Musk Tops $600 Billion as Tesla Soars and SpaceX Eyes IPO
Elon Musk has crossed a new milestone, becoming the first person in history to reach a $600 billion net...
Meta tolerates rampant ad fraud from China to safeguard billions in revenue
A Reuters investigation has revealed that Meta knowingly tolerated large-scale advertising fraud of widespread scams targeting global users. Internal...
US Freezes Tech Trade Deal With UK
The US government has paused implementation of its high-profile Tech Prosperity Deal with UK, citing disagreements over digital regulations...
Trump’s Fed pick comes into focus, economic data, earnings: What to watch this week
Stocks ended last week mixed, with the Nasdaq Composite down 1.7%, the S&P 500 slipping 1%, and the Dow...
Inside the Invitation-Only Stock Market for the Wealthy
This year’s largest stock sale didn’t happen on Wall Street. It was OpenAI’s $40 billion private share offering, open...
Nvidia Considers Boosting H200 Chip in China
Nvidia is weighing plans to expand production of its H200 AI chips after Chinese demand surged beyond the current...