Ray-Ban Meta Glasses Drive Essilor Luxottica Shares to All Time High Amid AI Wearable Surge

Ray-Ban Meta glasses featuring AI smart technology and sleek design

PARIS — Shares of Essilor Luxottica, the Paris listed maker of Ray-Ban glasses, rose 14 percent Friday to reach an all time high, adding nearly $20 billion to the company’s market capitalization.  The surge came amid investor enthusiasm for the company’s AI powered Ray-Ban Meta smart glasses, developed in collaboration with Meta Platforms. The company … Read more

BlackRock and Nvidia Backed Consortium Strikes $40 Billion Deal to Acquire AI Data Centers

A modern AI data center featuring rows of illuminated server racks and advanced cooling systems inside a secure technology facility.

NEW YORK & DALLAS ~ A consortium including BlackRock, Nvidia, Microsoft, and xAI announced Wednesday that it will acquire Aligned Data Centers from Macquarie Asset Management in a deal valued at $40 billion.  The acquisition marks the first investment by the newly formed Artificial Intelligence Infrastructure Partnership, or AIP, as demand for AI data centers … Read more

Broadcom networking chip ‘Thor Ultra’ launches to challenge Nvidia in AI data centers

Engineers test the new Broadcom networking chip Thor Ultra inside a data center lab, designed to connect thousands of AI processors.

SAN JOSE, Calif. — Broadcom Inc. on Tuesday unveiled a new networking chip designed to help companies build massive artificial intelligence computing systems, intensifying its competition with Nvidia Corp. as the race to dominate AI infrastructure accelerates. The new chip, called the Thor Ultra, enables cloud operators to connect hundreds of thousands of data processing … Read more

Broadcom $10 billion customer not OpenAI, company clarifies amid new AI chip partnership

OpenAI and Broadcom logos side by side during AI partnership announcement amid Broadcom $10 billion customer speculation

Broadcom’s top chip executive on Monday dismissed speculation that OpenAI was the company’s unnamed $10 billion customer, clarifying widespread assumptions that emerged after Broadcom’s September earnings call. Charlie Kawwas, president of the semiconductor solutions group at Broadcom, said during a joint appearance with OpenAI President Greg Brockman on CNBC’s Squawk on the Street that the … Read more

Australian construction robot Charlotte 3D prints a 2,150 sq ft home in one day using sustainable materials

Australian construction robot Charlotte 3D printing a sustainable 2,150-square-foot home using eco-friendly materials in Australia.

SYDNEY — In a quiet suburb outside Brisbane, a spider like construction robot named Charlotte is turning heads and reshaping ideas about how homes are built. The Australian robot can 3D print an entire 2,150 square foot house in just one day, using locally sourced and sustainable materials. Developed by Crest Robotics in collaboration with … Read more

Amy Poehler AI Actress joke steals the spotlight in SNL 50th anniversary monologue

Smiling woman in a studio during a television appearance, representing Amy Poehler AI Actress discussion on SNL’s 50th anniversary

NEW YORK — Comedian Amy Poehler returned to Saturday Night Live on Saturday to celebrate the show’s 50th anniversary, blending humor with a pointed jab at artificial intelligence.  During her opening monologue, she took aim at the emerging phenomenon of digital performers, joking, “You’ll never be able to write a joke, you stupid robot,” in … Read more

India’s Modi meets Qualcomm CEO, discusses AI and semiconductor collaboration

Indian Prime Minister Narendra Modi meets Qualcomm CEO Cristiano Amon in New Delhi to discuss AI and semiconductor collaboration

NEW DELHI — Indian Prime Minister Narendra Modi met Qualcomm President and CEO Cristiano Amon in New Delhi on Saturday to discuss opportunities in artificial intelligence, semiconductor manufacturing, and digital innovation, Modi’s office said in a statement. “Great to see Qualcomm’s commitment towards India’s semiconductor and AI missions,” Modi said in a post on X … Read more

SoftBank to buy ABB robotics unit in $5.4 billion deal to boost AI ambitions

SoftBank founder Masayoshi Son stands beside an ABB industrial robot in front of SoftBank headquarters after announcing the $5.4 billion deal to buy ABB’s robotics unit.

TOKYO — SoftBank Group Corp. announced Monday that it has agreed to acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, a move signaling the Japanese technology conglomerate’s renewed push into robotics and artificial intelligence.  The deal, subject to regulatory approval across multiple markets, marks one of SoftBank’s largest acquisitions in recent … Read more

Anthropic India Office Plans Signal AI Push With Reliance and Mukesh Ambani

Aerial view of Bengaluru city skyline featuring modern office towers surrounded by greenery, symbolizing Anthropic’s India office expansion and partnership plans with Reliance Industries.

BENGALURU, India — Artificial intelligence startup Anthropic is preparing to establish a major presence in India, with plans to open a new office in Bengaluru and explore a strategic partnership with Mukesh Ambani’s Reliance Industries, people familiar with the matter told TechCrunch.  The move highlights Anthropic’s effort to expand in its second largest market after … Read more

China manufacturing leads the world as 300,000 new robots boost factories amid population decline

Industrial robots operating under China’s national flag symbolizing automation and China manufacturing growth

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