SpaceX Absorbs xAI in Record-Breaking Merger Elon Musk has merged his artificial intelligence startup xAI into SpaceX, creating the largest corporate merger in history and valuing the combined entity at approximately $1.25 trillion. The transaction values SpaceX at roughly $1

Sandisk Raises the Bar on AI-Linked Storage Demand Sandisk (SNDK) issued a fiscal third-quarter outlook that topped Wall Street expectations, pointing to a sharp improvement in both sales and profitability as demand for data storage accelerates alongside the AI buildout. For

Tech Giants Go All-In as AI Spending Explodes U.S. tech leaders are accelerating capital spending at an unprecedented pace as the race for artificial intelligence dominance intensifies. Meta Platforms plans to double capital expenditures to as much as $135 billion

Mozilla Reenters the Ring — This Time for AI Mozilla, the nonprofit best known for Firefox, is once again embracing its underdog roots — this time by taking on the AI industry’s biggest players. Under President Mark Surman, Mozilla is

Microsoft Enters the Next Phase of Custom AI Silicon Microsoft is stepping up its push into custom AI hardware with the launch of Maia 200, a next-generation accelerator designed to run inside its own data centers. The chip will initially

China Moves Closer to Approving Nvidia AI Chip Imports Chinese regulators have told the country’s largest technology firms — including Alibaba Group — that they can begin preparing orders for Nvidia’s H200 artificial intelligence chips, according to people familiar with

Alibaba Prepares AI Chip Unit for Potential IPO Alibaba Group Holding Ltd. is preparing to spin out and potentially list its AI chipmaking arm, T-Head, as investor interest surges in companies positioned to compete in the fast-growing AI accelerator market.

Meta’s Manus Deal Meets Early Resistance Meta Platforms’s reported $2 billion acquisition of AI startup Manus was meant to accelerate its push into enterprise and automation software. Instead, the deal is already prompting some of Manus’ existing customers to walk

AI Data Centers Are Pulling Intel Back Into the Game CPU demand quietly tightens Intel is benefiting from the same AI buildout driving massive capital spending across Big Tech — even without being the dominant GPU supplier. According to KeyBanc

Another milestone quarter Taiwan Semiconductor Manufacturing Company reported a blowout fourth quarter, with profit jumping 35% year over year as demand for artificial intelligence chips continued to surge. Revenue reached NT$1.046 trillion ($33.7 billion), while net income climbed to NT$505.7