The Chinese government is reportedly intervening in how SMIC allocates its chip production, prioritizing Huawei amid ongoing US export restrictions. This represents a significant escalation in the tech cold war between the two superpowers.
A Blackrock-backed Brazilian energy company is aggressively pursuing solar acquisitions amid market conditions favoring buyers. Brasol has evaluated $3.8 billion in assets and made offers on about a quarter of them, with some deals potentially closing in 2024.
Mark Cuban is telling young job seekers to prioritize small companies over corporate giants in the AI era. He argues small businesses desperately need AI talent and offer faster career growth. The billionaire investor says this strategy will make careers “easier” and more successful.
A new Fortune and Deloitte survey shows CEO pessimism about the global economy has plummeted from 58% in April to just 32% in October. While concerns over tariffs have eased, 80% of CEOs still plan cost-cutting measures to offset economic uncertainties.
Yann LeCun, Meta’s chief AI scientist and Turing Award winner, is reportedly planning to leave the company to start his own AI venture. The departure comes as Meta reorganizes its AI division amid growing competition. LeCun has been openly skeptical about current AI hype.
SoftBank just made some massive moves in the AI space, cashing out its Nvidia position while doubling down on OpenAI. The Japanese conglomerate’s earnings reveal a strategic pivot toward robotics and autonomous vehicles. Here’s what their massive bets tell us about where AI is heading next.
According to Dark Reading’s video series, veterans from all military backgrounds are finding success in cybersecurity. Their training in teamwork, problem-solving, and operating under pressure makes them ideal candidates for cyber defense roles, even without technical backgrounds.
The designer behind Netscape Navigator, Firefox, and Chrome is now building OpenAI’s ChatGPT Atlas browser. It puts AI at the center of every web interaction, with the chatbot watching pages and performing tasks. This could fundamentally change how we use browsers after 25 years of incremental impro
New prediction platforms are eating into sports gaming markets and could eventually replace traditional hedging products. Their fee structures and trading models pose a serious threat to established financial institutions.
SK Telecom is cutting executive headcount by 30% following a severe data breach and financial losses. The company lost $117 million last quarter as revenue dropped 12.2%. The restructuring begins this week with C-level executives already resigning.
