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Microsoft Stock Plunges 7%: Cloud Growth Slows Despite Beating Earnings Expectations
Microsoft shares tumbled 7% in extended trading Wednesday after the tech giant reported slowing cloud growth and issued light margin guidance, despite beating Wall Street expectations on both revenue and earnings. The stock drop erased billions in market value as investors reacted to Azure cloud growth decelerating to 39% from last quarter's 40%, while the company's $37.5 billion in quarterly capital expenditures raised concerns about AI infrastructure spending outpacing retu
Jan 292 min read
Doomsday Clock 2026: Humanity Now 85 Seconds From Annihilation
Scientists moved the Doomsday Clock to 85 seconds before midnight on Tuesday, marking the closest humanity has ever been to self-destruction since the symbolic timepiece was created in 1947. The Bulletin of the Atomic Scientists, which maintains the clock, cited escalating nuclear threats, climate crisis acceleration, unchecked artificial intelligence development, and rampant misinformation as the primary reasons for moving the clock four seconds closer to catastrophe than la
Jan 282 min read
Amazon Layoffs 2026: 30,000 Corporate Jobs on the Chopping Block as AI Investment Soars
Amazon is preparing to eliminate nearly 30,000 corporate positions in what would become the largest workforce reduction in company history. The second wave of cuts begins this week, targeting employees across Amazon Web Services, retail operations, Prime Video, and human resources divisions. CEO Andy Jassy insists the layoffs stem from cutting bureaucracy, not financial struggles or AI replacement, though the company simultaneously announced $100 billion in AI infrastructure
Jan 272 min read
Canada orders TikTok to close its business in the country Amid National Security Concerns
In a move that highlights the growing global scrutiny over TikTok's Chinese ownership, the Canadian government has ordered the...
Nov 9, 20242 min read
Market Analysis: Trump Victory Unleashes Historic $1.28 Trillion Stock Market Rally
In a watershed moment for financial markets, U.S. stocks catapulted to record highs following Donald Trump’s presidential victory, adding a
Nov 7, 20243 min read
Nvidia overtakes Apple as world's most valuable company
In a significant market shift reflecting the growing influence of artificial intelligence, Nvidia momentarily surpassed Apple's market...
Oct 28, 20242 min read
OpenAI Raises $6.6 Billion in New Funding Round at a $157 Billion Valuation
Record-Breaking Deal OpenAI has made waves by securing a massive $6.6 billion in its latest funding round, bringing its total valuation...
Oct 3, 20242 min read
Skild AI Raises $300 Million to Develop General Purpose Brain for Robots
Key Highlights: Founders: Abhinav Gupta and Deepak Pathak, former Carnegie Mellon University professors Founded: May 2023 Funding: $300...
Jul 13, 20243 min read
Raiinmaker Secures $7.5 Million Seed Funding to Advance Decentralized AI Training Tools.
Founded in 2018, Raiinmaker aims to revolutionize the creator economy by enabling creators to earn cryptocurrency through training AI models
Jul 11, 20243 min read
Galaxis Raises $10m: Pioneering Community Engagement
alaxis is a cutting-edge Web3 platform designed to bridge the gap between brands, celebrities, and their communities by leveraging NFTs.
Jul 10, 20243 min read
Bittensor: Revolutionizing AI with Decentralized Machine Learning
Bittensor is an innovative protocol that merges blockchain technology with artificial intelligence (AI), creating a decentralized and...
Jul 1, 20245 min read
DeepMind's AlphaMissense: Pioneering AI Advancement in Genomic Research
DeepMind's AlphaMissense: Pioneering AI Advancement in Genomic Research In the realm of genomics, where understanding the intricacies of...
Jun 27, 20243 min read
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