Huawei Launches Next-Gen Ascend Chips and SuperPoDs at Connect 2025
Prime Highlights Huawei introduced Ascend 950, 960, and 970 chips, with the flagship 970 expected to deliver 8 PFLOPs and 4 TB/s bandwidth by 2028. The company also launched Atlas…
StubHub Raises $800M in IPO, Valued at $8.6 Billion as Platform Eyes Global Growth
Prime Highlights: StubHub priced its IPO at $23.50 per share, raising $800 million and valuing the company at $8.6 billion. The company plans to use the funds to expand its…
Alibaba to Raise $3.2 Billion via Convertible Bond for AI and Cloud Expansion
Prime Highlights: Alibaba will use 80% of the $3.2 billion bond funds to expand data centers, upgrade cloud technology, and meet rising AI demand. CEO Daniel Wu said early AI…
Amazon’s Zoox Enters U.S. Robotaxi Market with Las Vegas Launch
Prime Highlights: Amazon’s Zoox has officially launched its robotaxi service in the U.S., starting with free rides on the Las Vegas Strip. The company aims to expand into more U.S.…
Samsung Launches Galaxy Tab S11 Series and Galaxy S25 FE with Slimmer Designs and Smarter AI
Prime Highlight Samsung launched Galaxy Tab S11 Ultra, Galaxy Tab S11, and Galaxy S25 FE on September 4, featuring slimmer designs, improved performance, and advanced AI features. The Galaxy Tab…
Figma’s Revenue Grows 41% as CEO Focuses on Empowering Designers
Prime Highlights: Figma continues to grow and innovate despite a minor stock dip, showing resilience in the market. CEO Dylan Field emphasizes long-term growth and the company’s commitment to empowering…
Microsoft Introduces New AI Models, Signalling Shift from OpenAI Reliance
Prime Highlights Microsoft launched MAI-Voice-1 and MAI-1 Preview, marking a direct challenge to OpenAI and other AI leaders while reducing reliance on outside models. The company envisions building a continuum…
Nvidia Shines with Record $46.7B Revenue as Global Demand for Chips Surges
Prime Highlights: Nvidia posted $46.7 billion revenue, a 56% jump from the same period last year, driven by strong demand from big technology firms. The company expects revenue to climb…
Google Wins $10 Billion Cloud Deal with Meta for AI Infrastructure
Prime Highlights Meta signed a $10B+ cloud agreement with Google, spanning six years, to power AI infrastructure. The partnership strengthens Google’s cloud position against AWS and Microsoft Azure. Key Facts…
OpenAI Chairman Bret Taylor Calls AI the ‘Iron Man Suit’ for Workers
Prime Highlights: OpenAI chairman Bret Taylor compared AI to an “Iron Man suit,” saying it is a powerful tool that boosts productivity and empowers workers. Taylor believes AI marks a…