Tesla Inc. shares climbed to their first intraday record since November 2021, buoyed by optimism the company’s self-driving ambitions can get a boost under President-elect Donald Trump’s next administration. Shares are now upRead More
Apple Inc. is developing a server chip designed especially for artificial intelligence and is working with Broadcom Inc. on the chip’s networking technology, the Information reported, citing a person with direct knowledge ofRead More
 Ayar Labs Inc., which specializes in using light to transfer data between chips, scored investment from the three biggest US semiconductor designers as the industry pursues more efficient AI processing. Optical interconnect designerRead More
OpenAI is partnering with Anduril Industries Inc. to incorporate its artificial intelligence technology into the weapons maker’s anti-drone systems, marking the AI developer’s most significant push yet into the defense sector. The dealRead More
Salesforce Inc. spent $344 million to buy data management startup Zoomin Software Ltd. last month, a previously undisclosed sum that underscores the company’s new approach to dealmaking. Deal terms weren’t disclosed when theRead More
Crypto trading volume climbed to an all-time high in November, with more than $10 trillion of digital assets changing hands for the first time on centralized spot and derivatives exchanges. Combined spot andRead More
Salesforce Inc.’s big push into artificial intelligence has helped drive shares to a record high. Now, Wall Street wants proof that the heavy spending is going to pay off. The maker of customerRead More
Rocket company was valued at $210 billion earlier this year, but  Musk’s businesses have gained since the US election. According to people familiar with the matter, SpaceX is in talks to sell insiderRead More
Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to the turmoil at one of the technologyRead More
Nvidia Corp. assured investors on Wednesday that its new product lineup will continue to fuel an artificial intelligence-driven growth run, while also signaling that the rush to get chips out the door isRead More
