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Japan is moving ahead with a new spending plan to reinforce its long-term strategy for artificial intelligence and semiconductor development. The government has outlined an extra budget of about ¥252.5…

Boohoo share price went parabolic on Thursday, its best trading day in years. The 57% surge after the company published encouraging financial results and after a rare bullish pattern concluded.…

Baidu is expanding its artificial intelligence chip strategy as China accelerates efforts to reduce its reliance on Nvidia technology. The country’s tech giants continue to report strong demand for AI…

The post Baidu launches major layoffs as ad revenue falls and AI competition intensifies: report appeared first on Invezz

The FTSE 100 Index rose by nearly 1% as UK bond yields plunged, as the market reacted to the latest budget reading by Rachel Reeves. The index, which tracks the…

Alibaba Group Holding Ltd. has entered a new phase of its AI expansion by releasing its first pair of smart glasses built on its Qwen models. The launch marks a…

The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p…

Japanese brewing giant Asahi has disclosed that a September ransomware attack may have compromised personal information belonging to more than 1.5 million people, in what is emerging as one of…

Puma shares rallied more than 13% on Thursday after reports that Chinese sportswear giant Anta Sports is weighing a potential bid for the German athletic brand. The stock’s sharp rise…