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Can Waymo justify a $100 billion valuation? That’s a question investors will answer as Alphabet’s autonomous ride-hailing company discusses raising funding at a valuation that amounts to 280 times its annualized revenue—many times higher than other ride-hailing companies.
Waymo’s rapid expansion in recent months—despite some hiccups such as a service suspension during a San Francisco blackout—...
Before we get to today’s column, we need to explain something about last week’s big news: Nvidia’s agreement to pay an astounding $20 billion to license technology from AI chip startup Groq and hire its leaders. The reasons for Nvidia’s interest in Groq are getting a little clearer. Groq’s chips have the potential to help AI developers when they’re training so-called reasoning models, or models...
SoftBank said Monday it would buy data center investment firm DigitalBridge for $4 billion, or $16 per share, a 15% premium to Friday’s closing price, its latest step to increase investment in infrastructure for data centers. DigitalBridge owns several data center subsidiaries that are involved ...
Love it or hate it, artificial intelligence dominated another year in tech.
As AI firms like OpenAI and Anthropic raced to release smarter models, the largest tech firms mapped out massive data centers that would guzzle up more energy than tens of millions of American households to power them. “Agent” became the industry’s favorite buzzword for tools promising to eliminate human work. The...
China’s top internet regulator issued draft rules to govern the use of AI services that involve human-like interactions, as Beijing tightens its oversight amid the country’s rapid AI adoption. The Cyberspace Administration of China presented the draft rules to the public on Saturday to accept ...
Whether you consider Elon Musk a visionary or a liar, he has a long record of publicly setting aggressive deadlines that his companies don’t meet. Barring any big breakthroughs over the next few days, the 2025 list will include high-profile promises on robotics manufacturing, robotaxis and AI models that fell short. On one hand, that’s business as usual for the Musk companies. But the stakes have...
Groq shareholders and employees will get handsome payouts from Nvidia as part of a $20 billion acqui-hire deal, Axios reported, ending speculation about the compensation in the unusual deal. Most Groq shareholders will get paid at the deal’s $20 billion valuation with 85% of the payouts coming ...
You can call 2025 the year of the robot, at least for the major AI companies. While companies such as Anthropic, Meta and xAI filled out their AI hardware and software lineups, nearly everyone started to work on technology for humanoid robots.
The shift to robots says as much about the current competitive landscape in AI as it does about the dream of humanoids running around every factory and...
The giant tech stocks have dominated the U.S. stock market for years, leading in profit growth and performance. Despite the power of these stocks, the U.S. market was left in the dust in 2025 by most of the world’s markets, according to Goldman Sachs. The S&P 500 is up just under 18% so far ...
The White House is pushing the federal government to address power demands of AI by taking control of part of the nation’s power grid, The Wall Street Journal reported. State utility regulators are pushing back, saying the effort violates federal law, which splits control of the power grid ...