According to LinkedIn’s managing director for EMEA, the data from the platform’s hundreds of millions of users tells a different story than the doom-and-gloom predictions about AI replacing jobs. She says companies adopting AI are actually hiring more people, especially for roles in business develop
Shares of Beijing-based GPU company Moore Threads, often called “China’s Nvidia,” soared more than 400% on its Shanghai trading debut. The surge follows a $1.1 billion listing as China pushes for semiconductor independence amid U.S. restrictions.
Meta Platforms is planning significant budget cuts to its metaverse division, including Horizon Worlds and the Quest VR unit. This marks a major strategic retreat from Mark Zuckerberg’s once-grand vision for the company’s future.
Nvidia CEO Jensen Huang is taking his case against AI chip export controls directly to U.S. lawmakers. His closed-door meeting with Senate Republicans highlights the intense lobbying battle over the future of AI technology and its critical hardware.
Hedge funds have long used alternative data to trade public stocks. Now, AI systems are applying the same logic to private M&A, spotting companies ready for a deal up to 18 months in advance. The game is shifting from who you know to what the data says.
At a Morgan Stanley conference, Lowe’s CEO Marvin Ellison framed AI as a tool to free up employee time for revenue-driving work, not as a pure cost-cutter. Walmart’s leadership echoed that AI will change every role, comparing its impact to the spreadsheet revolution.
At The New York Times Dealbook Summit, Anthropic CEO Dario Amodei dismissed the “code red” mentality of rivals OpenAI and Google. He argued Anthropic’s focus on enterprise needs, not consumer engagement, gives it a steadier path. The company is now expanding from its coding sweet spot into finance a
RadiusDC has acquired the 21-story 55 Marietta carrier hotel in Atlanta from a European family office. The deal gives the firm a connectivity-rich hub with plans to add 8MW of power, boosting total site capacity to 18MW.
ZTE is doubling down on AI and partnerships in Latin America, hosting a major forum in Sao Paulo and signing a deal with a university and a local operator. The move highlights the region’s growing importance in the global tech infrastructure race.
The trio behind Raylu, an AI startup for private-market investors, just raised $8 million. They say their friendship is their secret weapon, sealed with a pact to share a beer if the venture fails.
