AI News

TSMC posts record quarterly profit on AI demand, but wary about tariffs

Wen-Yee Lee,Faith Hung,Ben Blanchard | July 17, 2025

TSMC posts record quarterly profit on AI demand, but wary about tariffs

TSMC , the world's main producer of advanced AI chips, posted record, forecast-beating quarterly profit on Thursday but warned that....

Scale AI reduces workforce following Meta investment

GlobalData | July 17, 2025

Scale AI reduces workforce following Meta investment

The company is laying off 200 employees, 14% of its workforce, and ending contracts with 500 global contractors.

Xi Wonders If All Chinese Provinces Need to Flood Into AI, EVs

Bloomberg News | July 17, 2025

Xi Wonders If All Chinese Provinces Need to Flood Into AI, EVs

President Xi Jinping questioned the need for local governments across China to crowd into the same emerging industries, a rare....

Study reveals 72% of teens are using AI for companionship

Fox News | July 17, 2025

Study reveals 72% of teens are using AI for companionship

Michael Robb, author of the AI companionship study, reacts to findings showcasing a large percentage of teens use the technology....

Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom

Ivan Penn | July 17, 2025

Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom

Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt....

Trump admin tackles urgent electrical grid crisis as AI set to double demand

Scott Strazik | July 17, 2025

Trump admin tackles urgent electrical grid crisis as AI set to double demand

American manufacturing and jobs depend on modernizing the electrical grid through public-private partnerships and new technologies.

TSMC chair C.C. Wei hails Nvidia's renewed AI chip sales to China as 'very positive news'

AFP | July 17, 2025

TSMC chair C.C. Wei hails Nvidia's renewed AI chip sales to China as 'very positive news'

TSMC said its net profit for the three months to June soared 60.7% from a year ago.

What AI Is Already Doing to the Legal Industry

Joe Weisenthal,Tracy Alloway | July 17, 2025

What AI Is Already Doing to the Legal Industry

A shakeup is here for the business of law.

Elon Musk's xAI has an opening in the Fox News lane

Scott Rosenberg | July 17, 2025

Elon Musk's xAI has an opening in the Fox News lane

Grok needs to grow revenue fast. Its right-wing leanings could be the key.

CrowdStrike (CRWD) Expands AWS Partnership to Secure AI Use

Sirisha Bhogaraju | July 17, 2025

CrowdStrike (CRWD) Expands AWS Partnership to Secure AI Use

CrowdStrike Holdings ($CRWD) has expanded its partnership with Amazon’s ($AMZN) cloud computing unit, Amazon Web Services (AWS), to accelerate the....

AI firms ‘unprepared’ for dangers of building human-level systems, report warns

Dan Milmo | July 17, 2025

AI firms ‘unprepared’ for dangers of building human-level systems, report warns

Future of Life Institute says companies pursuing artificial general intelligence lack credible plans to ensure safety

LEE ZELDIN: Trump's EPA clearing the regulatory path for America to dominate the global AI revolution

Lee Zeldin | July 17, 2025

LEE ZELDIN: Trump's EPA clearing the regulatory path for America to dominate the global AI revolution

LEE ZELDIN: Trump's EPA clearing the regulatory path for America to dominate the global AI revolution