Tag: business

OpenAI begins charging clients for assured access to computing resources, aiming to build long-term partnerships amid hardware supply challenges.

Negotiations between Samsung Electronics and its employee union have stalled, increasing the likelihood of an impending 18-day strike.

TSMC’s Kumamoto fab in Japan turns profitable for the first time, marking a financial milestone one year after beginning mass production.

The US FTC has opened an antitrust investigation into Arm Holdings, examining its global chip technology licensing approach.

Kioxia forecasts a 93% jump in operating profit, driven by increased demand for memory chips tied to AI technology growth.

Despite record earnings, Meta faces historic low employee morale as nearly 8,000 layoffs loom and workplace conditions tighten.

Tencent’s Q1 2026 revenue grew 9% but fell short of analyst forecasts, despite advances in gaming and artificial intelligence sectors.

Alibaba’s adjusted EBITA plummeted 84% year-over-year, yet its cloud division saw a 38% revenue boost fueled by AI demand.

Elon Musk’s AI startup xAI is experiencing a dip in popularity, yet experts believe Musk could steer the company back to prominence.

Microsoft’s longtime investment in OpenAI will yield no more than $38 billion through the end of the decade, reflecting recent structural changes.

SMIC’s CEO believes Chinese chip manufacturers can thrive amid the AI surge without access to cutting-edge sub-7nm technology.

OpenAI’s recent stock sale enabled around 600 employees to cash out, with roughly 75 earning about $30 million each.

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