The abrupt resignation of Nvidia CEO Jensen Huang raises questions about the strategic direction of the world’s most important chipmaker and opens the door to competitors at a pivotal moment for the growing artificial intelligence business, according to technology industry experts. “He has really created the AI revolution,” Yorkville Ives and Co. tech analyst Dan Ives told…
Anthropic filed for an initial public offering on Monday, bringing the maker of artificial intelligence platform Claude a step closer to its highly anticipated public market debut and providing a key test for the rapidly emerging AI sector. In the filing, Anthropic outlined its vision for a future profoundly shaped by AI, touting the technology’s…
The Iran war is not only disrupting the global energy market but is also threatening the world’s supply of helium and aluminum, key materials used in products such as semiconductor chips, medical equipment and other everyday goods. Qatar, which accounts for roughly one-third of the world’s helium supply, stopped producing helium this month following Iranian strikes on…
Financial markets slumped on Friday as investors bailed on technology stocks amid concerns that companies exposed to artificial intelligence are starting to wobble. The tech-heavy Nasdaq Composite tumbled 573 points, or 2.1%, to end at 26,140, closing out its worst week since June. The broader S&P 500 and blue-chip Dow Industrial Average sank 1.1% and…
