Keywords: Ai


Sony halts memory card orders as global chip shortage squeezes consumer electronics

Sony Japan announced Friday it is temporarily suspending orders for nearly its entire lineup of SD and CFexpress memory cards, citing a worldwide semiconductor memory shortage that has been pressuring consumer electronics for months. The move makes Sony the first major photography industry company to......

Micron shares drop over 20% in six days after Google unveils TurboQuant

Micron Technology shares plunged more than 20% over six straight sessions, entering bear market territory. Investors fear Google's new AI memory compression algorithm could weaken demand for chips fueling the artificial intelligence surge. The stock fell 7% Thursday to close at $355.46, down 23%......

Cybersecurity stocks drop after Anthropic AI model leak

Cybersecurity stocks plunged Friday following a data leak that exposed Anthropic's testing of its most powerful AI model to date, Claude Mythos, which the company warns poses unprecedented cybersecurity risks. CrowdStrike fell 7 percent, Palo Alto Networks dropped 6 percent, Zscaler slid 4.5 percent,......

Nvidia shares drop amid TurboQuant fears and lawsuit pressure

Nvidia shares fell about 4% Thursday as investors reacted to competitive, legal and regulatory challenges facing the AI chip leader. Google unveiled TurboQuant this week, an algorithm that cuts AI memory use by up to six times and boosts H100 inference speed by eight times without accuracy loss. Set......

Visa and Switch Al Maghrib partner to boost payment security in Morocco

Visa has formed a strategic alliance with Switch Al Maghrib to enhance payment security across Morocco's ecosystem. Switch Al Maghrib, a critical national interoperability operator, will integrate Visa Advanced Authorization, a network-agnostic tool from Visa Protect suite. This AI-driven solution......

OpenAI expands ChatGPT ads and tests dedicated Ads Manager

OpenAI advances its monetization strategy through ChatGPT ads. The company now tests an Ads Manager dashboard that enables marketers to launch, track, and refine campaigns in real time. This development addresses early challenges in OpenAI's advertising operations as ad volume grows across the platform. Advertisers......

Google TurboQuant breakthrough shakes memory chip stocks amid AI shift

Google unveiled a new set of compression algorithms that sharply reduce the memory footprint of large language models, triggering an immediate selloff in memory and storage chip stocks. The system includes TurboQuant, PolarQuant, and Quantized Johnson Lindenstrauss. These tools focus on the key value......

Salesforce shares fall as Anthropic expands Claude AI capabilities

Salesforce shares dropped 5.8 percent on Tuesday after Anthropic said its Claude assistant can now control a user’s computer to perform tasks. The move renewed concerns that autonomous AI agents could weaken traditional enterprise software models. The stock decline extends a difficult year for......

Portkey open-sources AI gateway handling 1 trillion tokens daily

Portkey, a San Francisco-based AI infrastructure firm, open-sourced its unified Gateway on March 24. The control plane targets the emerging agentic AI era, shifting paid SaaS features like governance, observability, authentication, and cost controls to open source. The gateway already scales massively.......