News Archives - Page 9 of 25

MondayFeb 24, 2025 3:22 pm

AINewsBreaks – AiEnglishGPT Featured in Bell2Bell Podcast

AiEnglishGPT, an AI-driven platform providing personalized, real-time language and professional skills instruction across 64 languages, was featured in the latest episode of the Bell2Bell Podcast, as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Mark Emerson, president and CEO of AiEnglishGPT, joined the program to discuss the company’s business model and its plans to address needs in both B2C and enterprise markets. “We are breakthrough technology for education. We’ve created what we call the super teachers – synthetic humans that look very lifelike and have a ton of content knowledge. They become your personal…

WednesdayFeb 19, 2025 11:35 am

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Ends 20-Day Winning Streak Amidst AI Investment Surge

Meta Platforms (NASDAQ: META) concluded a remarkable 20-day winning streak, with shares closing 2.8% lower at $716.37 on Tuesday. This dip follows the company's announcement of plans to invest between $60 billion and $65 billion in artificial intelligence infrastructure for 2025, surpassing analysts' expectations. Despite the increased spending, Meta's stock has risen approximately 22% since the start of the year, driven by strong earnings and resilience against external challenges. As of 9:28 AM EST on February 19, 2025, Meta's stock is trading at $716.37, reflecting a decrease of $20.34 (2.76%) from the previous close. Today's trading range has been between…

WednesdayFeb 19, 2025 9:55 am

AINewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Sees Increased Stake as Hendershot Investments Adds Shares

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) received increased investment from Hendershot Investments Inc., which boosted its holdings by 0.4% in the fourth quarter. The firm acquired an additional 876 shares, bringing its total stake to 201,606 shares valued at approximately $38.16 million. Alphabet now represents 5.2% of Hendershot’s portfolio, making it the firm's third-largest holding. As of 7:39 AM EST on Feb. 19, 2025, Alphabet shares are trading at $183.77, down $1.49 (0.80%) from the previous close. To view the full article, visit https://ibn.fm/ZN4L3 About Alphabet Inc. Alphabet is a collection of businesses, the largest of which is Google. Google includes…

TuesdayFeb 18, 2025 8:30 am

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Offers On-Premises Quantum Computing Systems for Research and Government Use

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced that it is making its Advantage™ quantum computing systems available for purchase by research centers, academic institutions, and governments, enabling on-premises quantum experimentation and development. D-Wave expects the move, which is highlighted by Forschungszentrum Jülich’s recent acquisition of a D-Wave Advantage system, to drive advanced research and new discoveries in areas such as artificial intelligence (AI) and quantum simulation. The offering includes shipping, installation, calibration, ongoing maintenance, and assistance with local hybrid quantum solver setup. Additionally, D-Wave introduced the "Quantum Uplift" program, offering incentives for organizations dissatisfied with competitor quantum systems. To view the…

TuesdayFeb 18, 2025 8:30 am

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Moves to Challenge Nvidia (NASDAQ: NVDA) With Potential AI Chip Acquisition

Meta Platforms (NASDAQ: META) is reportedly in discussions to acquire South Korean chip startup FuriosaAI, a move that could challenge Nvidia’s (NASDAQ:NVDA) dominance in AI hardware. FuriosaAI specializes in inference chips designed for artificial intelligence models, and this potential acquisition aligns with Meta’s strategy to enhance its in-house AI capabilities, reducing reliance on external suppliers like Nvidia. This development comes as Meta continues its impressive stock rally, with shares rising consistently over the past weeks. As of 7:12 AM ET on Feb. 18, Meta Platforms’ stock is trading at $736.67, reflecting an increase of $8.06 (1.11%) from the previous close.…

ThursdayFeb 13, 2025 11:50 am

AINewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Faces Potential Lawsuit From Mexico Over Gulf of Mexico Name Change

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) may face a civil lawsuit from Mexico after Google renamed the "Gulf of Mexico" to the "Gulf of America" for U.S. users on Google Maps. Mexican President Claudia Sheinbaum criticized the change, stating that the internationally recognized name is "Gulf of Mexico" and that the U.S. has no authority to enforce such a renaming beyond its territorial waters. Sheinbaum urged Google to reverse the decision, warning that Mexico could take legal action if the company does not comply. As of the latest trading session, Alphabet Inc. (NASDAQ:GOOGL) is trading at $2,950.00 per share, reflecting…

WednesdayFeb 12, 2025 10:15 am

AINewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Faces Market Volatility Amid DeepSeek Concerns

NVIDIA (NASDAQ: NVDA) shares experienced a significant decline, dropping 17% in a single day and erasing approximately $590 billion from the company's market capitalization. This downturn is attributed to concerns surrounding Chinese AI startup DeepSeek, which has developed a competing AI chip that could challenge NVIDIA's dominance in the market. As of February 12, 2025, NVIDIA's stock is trading at $132.80, down 0.56% from the previous close. To view the full article, visit https://ibn.fm/Cap0f About NVIDIA Corporation NVIDIA Corporation is a global technology company headquartered in Santa Clara, California. Founded in 1993, NVIDIA is renowned for its graphics processing units…

WednesdayFeb 12, 2025 9:15 am

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Closes $110 Million Convertible Senior Notes Offering

McEwen Mining (NYSE: MUX) (TSX: MUX) has completed its previously announced offering of 5.25% convertible senior notes due 2030, raising $110 million, including a fully exercised $15 million option. The notes carry an initial conversion price of $11.25 per share, representing a 30% premium to the company’s Feb. 6 closing price, with a capped call potentially increasing the effective conversion price to $17.30. Proceeds will be used to partially repay $20 million of senior secured debt and fund corporate initiatives, including expanding gold production at the Fox Complex. Chairman Rob McEwen emphasized the financing’s low dilution risk and cost-effective structure.…

TuesdayFeb 11, 2025 11:45 am

AINewsBreaks – Apple Inc. (NASDAQ: AAPL) teams up with Alibaba (NYSE: BABA) to develop AI for China, eyes iPhone growth

Apple (NASDAQ:AAPL) has partnered with Alibaba Group Holding Ltd. (NYSE: BABA) to integrate artificial intelligence into its devices in China, aiming to boost iPhone sales in the region. The collaboration follows Apple’s evaluations of various Chinese AI providers, ultimately selecting Alibaba to co-develop AI features that have been submitted for regulatory approval. This move aligns with Apple’s strategy to strengthen its position in China’s competitive smartphone market. As of Feb. 11, Apple stock is trading at $231.87, up 1.85%, while Alibaba shares have risen 2.11% to $113.67. To view the full article, visit https://ibn.fm/jUQlp About Apple Inc. Apple Inc. designs, manufactures, and…

MondayFeb 10, 2025 10:50 am

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) to Cut Workforce While Accelerating AI Hiring

Meta Platforms (NASDAQ: META) the parent company of Facebook, is set to begin company-wide layoffs on Feb. 10, 2025, while fast-tracking the recruitment of machine learning engineers, according to internal memos cited by Reuters. The cuts, which aim to eliminate the bottom 5% of employees, could impact around 3,600 positions from Meta’s 72,000-strong workforce as of September 2024. While layoffs will affect most countries, employees in Germany, France, Italy, and the Netherlands will be exempt due to local regulations. Despite the reductions, Meta is prioritizing investments in artificial intelligence, allocating billions of dollars to AI-related infrastructure. As of Feb. 10,…

AINewsWire provides insights in the emerging sector of Artificial Intelligence.

Contact us: (512) 354-7000

Breaks Categories: News