Market Overview: AI Momentum Rebounds After a late-summer lull, AI-related stocks roared back at week’s end. Weaker U.S. jobs data fueled expectations of a Federal Reserve rate cut, sparking a rally in high-growth tech names home.saxo. The S&P 500 and Nasdaq each rose roughly 0.8–0.9% on Thursday, with the Nasdaq touching record territory behind renewed…
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In 2025, Nvidia became the first public company to surpass a $4 trillion market valuation, with its GPUs powering data centers for Microsoft, Amazon, Google, and Meta. Microsoft reported over $500 million in annual AI-driven savings, with AI generating 35% of new product code and improving call-center efficiency. Google DeepMind’s AlphaFold is enabling rapid AI-designed…
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Tesla shares fell over 7% in pre-market trading after Elon Musk announced the formation of the “America Party,” with CFO Vaibhav Taneja named Treasurer and Custodian of Records for the party. Retail listings and leaks confirm Galaxy Z Flip7 and Z Flip7 FE have 4,174 mAh and 3,887 mAh nominal batteries, while Galaxy Z Fold7…
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Telefónica Tech’s AI and Data Director predicts AI agents will automate internal processes and boost productivity, signaling a transformative, long-term impact on organizations. US tech giants have laid off nearly 94,000 IT workers to reallocate resources for AI development, with Microsoft planning 15,000 layoffs by 2025. <liMIT research found that using ChatGPT reduces brain activity…
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DeepSeek AI was founded in 2023 as a spin-off from Hangzhou‑based High-Flyer Capital Management, following a March 2023 announcement that the fund would devote resources to AGI research. High-Flyer built two private AI clusters before export restrictions—1,100 NVIDIA A100 GPUs in 2020 and about 10,000 A100 GPUs in 2021, at a cost of ¥1 billion,…
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