Intel stock jumps after analyst upgrade highlights data center AI demand and manufacturing gains

KEY POINTS  Intel stock rose sharply Tuesday after a KeyBanc Capital Markets upgrade cited surging demand from AI driven data centers. And what the firm called significant progress in the company’s manufacturing turnaround, signaling renewed confidence in the chipmaker’s ability to compete with industry leaders. The move in Intel stock came as Wall Street reassessed … Read more

Meta acquire Manus to strengthen advanced AI agent capabilities

Meta Platforms Inc. said Monday it would acquire Manus, a Chinese founded artificial intelligence startup now based in Singapore, as the Facebook owner steps up efforts to expand advanced AI capabilities across its ecosystem. The acquisition, which comes amid a surge of global investment in autonomous AI agents, reflects Meta’s strategy to integrate tools that … Read more

One year on, UK AI infrastructure buildout shows momentum and strain

LONDON — Nearly a year after the UK government unveiled its AI Opportunities Action Plan, the country’s effort to become a global technology leader is showing both progress and pressure points.  While billions of dollars in private investment have flowed into data centers and computing capacity, persistent constraints in the national power grid are slowing … Read more

Third of UK citizens use AI for emotional support, government study finds

London — A third of United Kingdom residents have turned to artificial intelligence for emotional support, companionship, or social interaction, according to a report released Thursday by the government’s AI security body. The AI Security Institute (AISI) said nearly one in ten people use AI systems such as chatbots for emotional purposes on a weekly … Read more

AI glitch spreads Grok misinformation after Bondi Beach shooting

Grok Misinformation: AI Errors Surface After Bondi Beach Shooting

SYDNEY — Users of Elon Musk’s AI chatbot Grok reported widespread inaccuracies after the Bondi Beach shooting in Australia, raising questions about the reliability of artificial intelligence in reporting breaking news. Videos shared on social media showed a bystander, 43 yearbold Ahmed al Ahmed, disarming one of the attackers. While local and international news outlets … Read more

SoftBank acquisition talks intensify as Son eyes $50 billion Switch deal

SoftBank founder Masayoshi Son evaluating Switch takeover amid growing global interest in the SoftBank acquisition strategy

SoftBank Group Corp. is examining a possible acquisition of US data center operator Switch Inc., according to people familiar with the discussions. Marking one of the most significant potential moves yet in Masayoshi Son’s effort to expand the company’s footprint in the accelerating artificial intelligence sector.  The talks underscore the Japanese conglomerate’s intent to secure … Read more

BlackRock AI investment approach zeroes in on infrastructure as tech giants intensify capex surge

BlackRock AI investment during global AI infrastructure growth.

BlackRock is sharpening its focus on the companies powering the backbone of artificial intelligence infrastructure, arguing that the wave of capital pouring into the sector is unlikely to slow anytime soon.  In a new assessment of global markets, the firm said rapid spending by tech giants is driving what it views as one of the … Read more