Developer of AI-powered sidewalk delivery robots, Serve Robotics, has a question for the American food delivery industry: “Why move 2 lb burritos…in 2 ton cars?” It is seeking to provide a solution with thousands of AI-powered, low-emission sidewalk delivery robots, with a long term aim to bring down delivery cost to about $1, and is
Every company would be hit if the artificial intelligence boom were to reverse, Google-parent Alphabet’s chief executive Sundar Pichai said in an interview with the BBC, as concerns grow about overheated valuations and runaway investment in the sector. Speaking to BBC News, Pichai said the rapid acceleration of AI investment had been an “extraordinary moment”,
In July 2020, the digital world held its breath as one of social media’s biggest security breaches unfolded in real time. Joseph James O’Connor, a Liverpool-born hacker operating under the alias “PlugwalkJoe,” orchestrated a stunning attack on Twitter that compromised more than 130 high-profile accounts in a matter of minutes. The targets read like a
The start of the week brought a diverse set of developments across aviation, politics, markets and cryptocurrencies. The Federal Aviation Administration’s decision to end emergency flight restrictions, President Donald Trump’s call for the release of Epstein files, major portfolio shifts by investor Peter Thiel, and Bitcoin briefly losing all its gains for the year. FAA
Top crypto stocks will be under pressure on Monday as Bitcoin and most altcoins continue their downtrend. The Bitcoin price has crashed to $95,000, down by about 25% from its highest point this year. Ethereum price has retreated to $3,200, down by about 35% from the year-to-date high, while XRP has slumped by nearly 40%
In the past couple years, the US market was mostly guided by the story of AI, chips and data centers. The thrill of giving money to the so-called “hyperscalers” that would then invest heavily in AI infrastructure investments would get any investor hyped up. But we are now discovering that building the AI future is
Asia-Pacific’s technology, media, and telecommunications (TMT) landscape is witnessing a strong comeback as dealmaking surges to a four-year high, according to JPMorgan Chase & Co. The investment bank confirms that market momentum has strengthened significantly across China, India, and Hong Kong, setting the pace for continued acceleration. Mark Fiteny, who leads JPMorgan’s TMT investment banking
Billionaire Peter Thiel’s latest 13F filing revealed a seismic shift in his equity holdings: a complete sale of his Nvidia shares after a long-term position that accounted for approximately 40% of his portfolio. The divestiture encompassed more than 537,000 shares during the third quarter, effectively shrinking his US stock book by nearly two-thirds—from $212 million
Shares of Alphabet Inc. surged in premarket trading on Monday after Berkshire Hathaway Inc. revealed a major new position in the Google parent company, marking its most significant portfolio addition in the third quarter of 2025. A regulatory filing on Friday showed that Berkshire acquired 17.8 million Class A shares of Alphabet, valued at $4.3
Jeff Bezos, the founder of Amazon and one of the world’s wealthiest individuals, is taking on a rare operational role in a new artificial intelligence start-up that he will jointly lead as co-chief executive. The company, called Project Prometheus, emerges with a formidable $6.2 billion in funding, reported the New York Times, citing people familiar
