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How the EU is taking on Big Tech: Meta, Apple, Google, face heightened scrutiny, penalties

In a year marked by escalating regulatory pressure, the European Union intensified its crackdown on Big Tech, launching a sweeping series of antitrust probes, Digital Markets Act (DMA) investigations and landmark fines against the world’s largest technology companies. From Meta and Google to Apple, Amazon and Microsoft, virtually every major platform came under scrutiny as

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Intel stock hits fresh 52-week high: is Apple about to hand INTC its biggest win?

Intel stock (NASDAQ: INTC) surged to $43.34 on Tuesday, marking a fresh 52-week high.​ The rally followed supply-chain analyst Ming-Chi Kuo’s revelation that Apple is actively preparing to qualify Intel’s cutting-edge 18A-P process node for its lowest-end M-series chips, with potential production starting in mid-2027. The stock jump, over 80% in the past 12 months,

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Amazon unveils game-changing AI chip: will it disrupt Nvidia’s dominance?

Amazon has officially launched Trainium3, its latest custom-built AI chip, signaling an aggressive push to challenge Nvidia’s grip on the artificial intelligence hardware market. The new chip delivers 4.4x faster performance and 40% greater energy efficiency compared to its predecessor, while AWS simultaneously rolled out Trn3 UltraServers capable of handling 144 chips in a single

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Anthropic planning IPO as AI race with OpenAI intensifies

Anthropic, the artificial intelligence start-up behind the Claude chatbot, has taken a significant step toward a potential public listing after engaging prominent US law firm Wilson Sonsini Goodrich & Rosati to begin groundwork for an initial public offering, reported Financial Times. While an IPO may not occur until 2026 at the earliest, the move signals

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Marvell Technology to acquire Celestial AI for $3.25B

Marvell Technology Inc. shares rallied sharply in late trading after the semiconductor company reassured investors about the momentum of its custom chip business and announced a multibillion-dollar acquisition aimed at strengthening its position in the artificial intelligence market. The company’s upbeat commentary followed its third-quarter earnings release and signaled more confidence in its growth prospects

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Morning brief: Republicans win Tennessee House seat; Asia markets steady

In a busy day for global political and economic developments, US electoral shifts, a rebound in Asian markets, mixed Australian growth data, and a major semiconductor acquisition offer a broad snapshot of the forces shaping investor sentiment. Here is a roundup of the key events unfolded on Wednesday morning. Republicans secure Tennessee House seat Voters

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YouTube faces major shift as Australia enforces under 16 social media ban

Australia’s under 16 social media ban will take effect on 10 December, triggering one of the most sweeping platform changes the country has ever introduced. YouTube is now preparing for this shift even though it had earlier rejected being included in the crackdown and was widely discussed in speculation about a possible court challenge. The

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Amazon Trainium3 AI chip: 5 ways it threatens Nvidia

Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after the tech titan unveiled its next-gen AI accelerator – Trainium3 – that may challenge Nvidia’s (NASDAQ: NVDA) dominance in high-performance computing. With promise of lower costs, massive scalability, and seamless integration into AWS infrastructure, Trainium3 could reshape the economics of training frontier artificial intelligence models.

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Kalshi’s rise to $11B valuation makes Luana Lopes Lara youngest self-made female billionaire

Luana Lopes Lara did not begin her journey in Silicon Valley or with a childhood spent tinkering with computers. Instead, the 29-year-old co-founder of prediction market Kalshi, now crowned the world’s youngest self-made woman billionaire, spent her formative years in studios, navigating the rigour of classical ballet. Today, she stands at the helm of one

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The AI race heats up as bubble fears continue to worry investors

The past few months have felt like watching a new industrial revolution develop at fast-forward speed. Each week, another breakthrough model arrives. Another tech giant hints at a new data centre the size of a town. Another start-up floats a valuation that would have seemed absurd a year ago. Investors have been trying to ride

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