Adnan Rasheed
SAN FRANCISCO — Shares of Advanced Micro Devices (AMD) surged more than 25% in premarket trading Monday after OpenAI announced plans to acquire up to a 10% stake in the semiconductor company as part of a sweeping partnership to deploy AMD’s high performance Instinct GPUs for artificial intelligence infrastructure. The agreement one of the largest … Read more
Shanghai, China — China’s manufacturing sector continues to hum despite demographic headwinds, with nearly 300,000 new industrial robots installed last year, helping offset a declining workforce and maintaining the nation’s edge as the world’s largest manufacturing hub. The country installed 295,000 industrial robots in 2024, according to the International Federation of Robotic World Robotics Report, … Read more
LONDON — Nearly 30 million people in the United Kingdom who purchased Apple or Samsung smartphones between 2015 and 2024 could be entitled to an average payout of about £17 if consumer group Which? succeeds in its case against US chipmaker Qualcomm. The case, which began Monday in the Competition Appeal Tribunal in London, alleges … Read more
Elon Musk, CEO of Tesla and SpaceX, has called on Netflix subscribers to cancel their subscriptions following the release of a new Transformers cartoon, Transformers Earthspeak, citing concerns over its portrayal of gender identity. Musk made the statement on his social media platform X, claiming the show promotes “woke gender identity propaganda.” The announcement comes … Read more
Taylor Swift’s innovative approach to album promotion has yielded remarkable results. Her 12th studio album, The Life of a Showgirl, was accompanied by a limited theatrical event titled The Official Release Party of a Showgirl, which debuted over the weekend. The event generated an estimated $33 million at the domestic box office, marking the highest … Read more
WASHINGTON — US Defense Secretary Pete Hegseth said he has “every authorization needed” for recent military strikes in the Caribbean targeting vessels allegedly carrying illegal drugs off the coast of Venezuela. The comments, made during a Fox News interview aired Sunday, came amid growing debate over the legality and scope of US operations in the … Read more
Perplexity, the artificial intelligence company behind the popular Perplexity AI search assistant, has officially launched its Comet AI browser to the public. The company confirmed this week that Comet is now free and available to everyone as a desktop browser, marking a significant step in the growing competition among AI-powered web browsers. Initially introduced during … Read more
LONDON — OPEC+ has agreed to raise oil production by a modest 137,000 barrels per day (bpd) beginning in November, maintaining the same gradual pace as October, according to three sources familiar with the decision. The move underscores the group’s cautious approach amid competing pressures from leading members Saudi Arabia and Russia, fluctuating global demand, … Read more
BERLIN — Germany’s federal government is placing artificial intelligence (AI) at the center of its modernization efforts, unveiling a wide ranging plan to digitize bureaucracy, streamline public administration, and position the country as a European leader in responsible AI adoption. The initiative, announced last week by Chancellor Friedrich Merz’s cabinet, aims to reduce bureaucracy costs … Read more
WASHINGTON — OpenAI CEO Sam Altman has embarked on a global tour spanning East Asia and the Middle East to secure financing and manufacturing partnerships for the company’s rapidly expanding artificial intelligence infrastructure, according to sources familiar with the matter. Since late September, Altman has met with top technology suppliers in Taiwan, South Korea, and … Read more
