The global RAM market is experiencing a severe price crisis, with the cost of memory chips surging by as much as 80 – 90% in recent months. Driven by the insatiable, high-margin demand
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New York — Technology stocks aren’t carrying the market like they used to — but investors can protect their portfolios during the volatility. After years of powering the market on the promise of
Taipei, Taiwan — A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new report. A
American AI company Anthropic has until 5:01 pm ET to give in to the Pentagon’s demands or face being labeled a “supply chain risk,” a type of designation usually reserved for companies thought
Less than a year ago, David Ellison was the head of a small production company. Now, he’s on the verge of becoming the king of Hollywood. The Paramount Skydance CEO emerged victorious Thursday
Savannah Guthrie intends to return to work at NBC’s “Today” show at some point, according to two sources close to the network. When that might happen is highly uncertain, and completely up to
Anthropic is rejecting the Pentagon’s latest offer to change their contract, saying the changes do not satisfy the company’s concerns that AI could be used for mass surveillance or in fully autonomous weapons.
New York — Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York — Nvidia’s earnings Wednesday evening were, on paper, a
