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Keywords: AI


xAI reports $1.46 billion quarterly loss amid rapid expansion

Elon Musk's artificial intelligence startup xAI posted a net loss of $1.46 billion in the third quarter of 2025, according to internal documents reviewed by Bloomberg. This marks a sharp rise from the $1 billion deficit in the first quarter, as the company burns through cash to erect massive data......

China halts Nvidia H200 orders pending import conditions

Beijing has instructed Chinese tech firms to pause orders for Nvidia's advanced H200 AI chips while regulators finalize import requirements, according to multiple reports this week. The directive coincides with deliberations over mandating purchases of domestic chips alongside each H200 order. This......

AI and military spending to drive 50% copper demand surge by 2040

Artificial intelligence expansion and soaring defense budgets will propel global copper demand up 50 percent by 2040, risking severe shortages that could hinder economic growth and technological progress, according to a study released Thursday by S&P Global. Annual copper demand will hit 42 million......

CES 2026 highlights AI in toys and health tech

The annual Consumer Electronics Show kicked off in Las Vegas this week, spotlighting artificial intelligence across nearly every product category from interactive toys to health monitoring devices. Day two of the event, running through January 9, featured keynotes from tech giants and hundreds of product......

Emerging markets hit record highs amid Venezuela crisis

Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S.......

Goldman Sachs warns AI will speed job cuts in 2026

Companies gear up to ramp up layoffs through 2026 as artificial intelligence shifts from experimental trials to large-scale operational automation, according to a fresh Goldman Sachs analysis released this week. Even with stable economic outlooks, the investment bank cautions firms increasingly trim......

Investors shift to value stocks amid AI-driven inflation fears

As global stock markets kick off 2026 buoyed by artificial intelligence fervor, a growing chorus of investors and strategists warns that surging AI-related spending could reignite inflation and derail the rally, prompting a pivot toward undervalued assets. Fund managers express rising alarm over the......

Pickle unveils AI glasses marketed as 'soul computer' amid privacy debates

Pickle Inc, a California-based startup, has launched the Pickle 1 augmented reality glasses, branding them as the world's first "soul computer." Announced on New Year's Day, the lightweight 68-gram aluminum device features cameras and sensors to capture daily experiences, organizing......

OpenAI readies pen-shaped AI device and advanced audio model for 2026

OpenAI is pushing forward with its most ambitious hardware venture yet, developing a pen-like AI gadget codenamed "Gumdrop" in collaboration with former Apple designer Jony Ive. Reports emerging this week reveal the company is accelerating its audio AI capabilities, eyeing launches as early......