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Losses in Europe and Asia are mainly because of AI-related companies like Nvidia, Tesla, and Google-owner Alphabet. The pan-European Stoxx 600 index dropped by 0.7%. This decline was due to a nearly 4% drop in Dutch chipmaker ASML, a 7%…
What’s Going On with SoftBank’s AI Investment? SoftBank Group Corp, a huge tech company from Japan, has decided to go all in on artificial intelligence (AI). They plan to spend about $9 billion every year on AI. This is a…
Big Moves in the Industry Wayve, a company in London that’s big on artificial intelligence (A.I.) for self-driving cars, just got a huge $1 billion in funding. This money comes from big tech companies like SoftBank, Microsoft, and Nvidia, showing…