News
Important shifts and updates across AI, technology and business.
Alphabet stock spikes as Gemini AI receives strong accolades
Alphabet Inc. experienced a significant surge in its stock price, marking its highest increase in two months, following enthusiastic reviews for its latest Gemini AI model.…OpenAI launches GPT-5.1-Codex-Max, achieves major coding milestone
OpenAI has unveiled its latest coding model, GPT-5.1-Codex-Max, now integrated into the Codex developer environment. This advanced model is designed to enhance AI-assisted…US greenlights sale of 35,000 AI chips to Gulf firms G42 and Humain
The US government has authorized the sale of 35,000 advanced AI semiconductors to Emirati firm G42 and Saudi Arabia’s Humain, marking a significant step forward in the region’s…Music giants partner with Klay for AI-driven streaming platform
The largest music labels have entered licensing agreements with Klay, a new startup focused on an AI-powered streaming service. This platform will enable users to creatively…Nvidia’s strong earnings fail to reassure investors amid AI bubble fears
Despite reporting record sales and a positive financial outlook, Nvidia’s shares have not regained their October peak, reflecting ongoing investor skepticism. CEO Jensen Huang…Alphabet spearheads AI initiative to enhance New Zealand’s power grid stability
A consortium of four utilities that collectively serve 25% of New Zealand’s population will participate in an Alphabet Inc.-led project aimed at strengthening the national power…Databricks seeks new funding round to boost valuation beyond $130 billion
Databricks is reportedly negotiating a new funding round that could elevate its valuation to over $130 billion, just months after achieving a $100 billion valuation. This move…Peec AI secures $21M to support brands amid shift from Google to ChatGPT
Peec AI has raised $21 million in funding as consumers increasingly prefer ChatGPT over Google for product discovery. This shift highlights a significant change in search…Saudi Arabia pivots oil wealth to AI, seeks Trump’s support
Tareq Amin is leveraging Saudi Arabia’s substantial oil wealth to position the country as a key player in the AI computing market, inviting Silicon Valley companies to invest.…Cloudflare outage impacts major platforms including ChatGPT and X
Cloudflare Inc. experienced a significant global outage on Tuesday, affecting numerous online services, including ChatGPT and X. The disruption lasted several hours, causing…Intuit partners with OpenAI for $100M deal to integrate apps with ChatGPT
Intuit has signed a deal worth over $100 million with OpenAI to make its popular applications, including TurboTax, Credit Karma, QuickBooks, and Mailchimp, accessible through…