Meta Platforms Inc. $META, the parent company of Facebook, Instagram, and WhatsApp, is reportedly finalizing a massive $14 billion investment in Scale AI, a San Francisco-based artificial intelligence data infrastructure startup. The potential acquisition or strategic stake is not only one of the largest AI-related investments in 2025 but also a personal priority for CEO Mark Zuckerberg, according to sources cited by CNBC.
Foxconn $2354.TW (Hon Hai Precision Industry), the world’s largest contract electronics manufacturer, is poised to deliver standout Q1 2025 financial results. Fueled by surging demand for AI-powered servers and consistent orders from tech leaders Apple $AAPL and Nvidia $NVDA, the company is showcasing a remarkable profit surge—a signal of shifting momentum in the global tech sector.
Amid intensifying competition in China's artificial intelligence sector, tech giants Alibaba Group $9988.HK and Baidu $9888.HK have launched updated versions of their AI models, aiming to strengthen their positions in the rapidly evolving industry.
Recent developments in the realm of artificial intelligence and social platforms have captured market attention as Elon Musk’s xAI Holdings enters negotiations with investors aiming to raise around USD 20 billion. According to Bloomberg News, sources familiar with the situation indicate that this fresh capital injection is intended to accelerate the growth of the newly merged startup, potentially positioning the company at a market value exceeding USD 120 billion. This article delves into the details of the negotiations, examines the business strategy behind the merger, and outlines key facets of this ambitious venture.
Chinese search giant Baidu $9888.HK has taken a significant step forward in artificial intelligence by unveiling its latest model, Ernie 4.5 Turbo, along with the innovative Ernie X1 Turbo. These advancements not only expand Baidu’s AI product portfolio but also reinforce the company’s leading position amid the growing competition in China’s AI market.
Semiconductor giant Intel $INTC has launched a new phase of organizational restructuring, which includes laying off hundreds of employees—particularly in management, engineering, and development roles. The cuts are affecting staff at the company’s Santa Clara headquarters and beyond.
BMW $BMW.DE is charting a new trajectory by announcing plans to integrate DeepSeek’s artificial intelligence technology into its vehicles for the Chinese market. This strategy, revealed by CEO Oliver Zipse at the Shanghai Auto Show, underscores the German automaker’s commitment to remaining at the forefront of technological innovation in one of the world's most dynamic automotive landscapes.
Roche, the Swiss pharmaceutical leader, has unveiled plans to invest $50 billion in the United States over the next five years. This strategic initiative marks one of the most substantial foreign investments ever made in the U.S. healthcare sector and signals Roche’s long-term commitment to the North American market.
Google, a subsidiary of Alphabet, has unveiled two new artificial intelligence models tailored for the robotics sector. Developed on the robust Gemini 2.0 framework, these models aim to address the rapidly evolving demands of the robotics industry, blending advanced machine learning with physical automation.
On Tuesday, the Chinese company Manus AI announced a strategic partnership with the team behind the Qwen AI models, part of the tech giant Alibaba (TICKER: BABA). This collaboration could mark a significant step in creating an innovative product that developers at Manus AI are calling the world's first universal AI agent.
Artificial intelligence (AI) continues to permeate various sectors, reshaping processes and methodologies. According to $JPM forecasts, more accessible AI models are poised to facilitate gradual growth and boost efficiency in the coming years. These technologies can also play a significant role in curbing inflation.