Europe’s tech ecosystem has grown to nearly $4 trillion with 413 unicorns, but US AI investment dwarfs European efforts. The region faces critical choices about tech sovereignty and competing in the AI revolution.
Nvidia just reported another blockbuster quarter with profits soaring 65% and revenue jumping 62% year-over-year. The AI chip giant’s relentless growth continues to defy bubble concerns while powering the entire tech industry’s AI ambitions.
Nvidia just posted staggering earnings that crushed Wall Street expectations. The chipmaker’s results suggest the AI revolution is nowhere near its peak, with $500 billion in chip orders already booked through 2026.
The Biden administration had restricted advanced AI chip exports to prevent technology from reaching China. Now the Trump administration is approving $1 billion in Nvidia chips to Gulf state-backed companies with security conditions.
Nvidia’s better-than-expected earnings have ignited a global tech stock rally, with shares rising over 5% after hours. The chipmaker reported $57 billion in revenue, beating estimates and calming investor nerves about AI valuations. Asian markets and US futures all pointed higher following the resul
The cybersecurity giant is paying nearly 21 times Chronosphere’s annual recurring revenue in an all-cash and equity deal. Meanwhile, Palo Alto raised its full-year revenue and profit forecasts as cybersecurity spending remains strong.
The Trump administration is preparing an executive order that would effectively stop states from regulating artificial intelligence. This includes creating an “AI Litigation Task Force” at the Justice Department to challenge state-level AI rules. The move reignites the debate over states’ rights ver
Despite massive AI adoption, a KPMG survey reveals only 2% of Canadian businesses are seeing returns on their AI investments. The study involved 753 business leaders across Canada, with most companies still in experimental phases. Large enterprises with over $1 billion revenue are the only ones repo
Google is testing an AI-powered search tool called Scholar Labs that answers detailed research questions. The experimental feature forgoes traditional metrics like citation counts and journal impact factors, raising questions about how scientists will vet results.
Researchers have successfully used CRISPR gene editing to enhance a naturally meat-like fungus, making it more nutritious and environmentally friendly. The modified strain requires significantly less land and water than chicken farming while reducing greenhouse gas emissions by up to 60%. This break
