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US Tech Giants Suffer $1 Trillion Wipeout Following Massive Market Decline
Tech giants in the US lost approximately $1 trillion in market value this week due to recession fears and disappointing economic data, with sharp declines in Nvidia, Apple, and Amazon.
Nvidia’s AI Chip Faces Production Delay Due to a Design Flaw: Report
The Blackwell B200 AI chips will now take at least three more months to produce. Nvidia Corp. 's upcoming artificial intelligence chips are now facing production delays due to a design flaw, according to a report.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
Google Loses Antitrust Lawsuit Over Market Dominance, Here’s How Other Tech Companies Stand
The ruling could force Google to allow users to choose which search engine to use. A federal judge on Monday ruled that Alphabet's Google broke antitrust laws and held an illegal monopoly in the United States in a landmark ruling against the tech giant.