Major US tech companies, including Nvidia, Microsoft, and Meta, are calling on the US government to prioritize open artificial intelligence (AI) to counter China's growing dominance. Open AI models, which can be downloaded and run on private systems, offer cost savings, data control, and better security transparency compared to closed models like ChatGPT. A recent cybersecurity breach involving OpenAI and Hugging Face highlighted the limitations of closed AI systems and the usefulness of open models for investigation. The US is encouraged to support open AI development through funding and resources, similar to its chip strategy, to maintain global leadership and reduce dependence on Chinese technology.
iBUYPOWER, known for gaming PCs, has expanded into professional workstations with its new iBUYPOWER PRO line, targeting creative and technical professionals. These systems feature high-end Intel and AMD CPUs, NVIDIA and AMD GPUs, and come with a new ...
Chip stocks rallied strongly following robust earnings reports from Microsoft and Lam Research, with Lam Research shares jumping 20% and Microsoft rising 15%. The surge was driven by increased demand for AI-related infrastructure, as companies invest...
The Alger Concentrated Equity ETF (CNEQ) and the Mango Growth ETF (GARY) offer different U.S. growth exposures despite both being tech-heavy and actively managed. GARY focuses heavily on semiconductor and AI infrastructure stocks, capturing the AI ca...
The US Federal Communications Commission (FCC) has restricted imports of foreign-made humanoid robots citing cybersecurity risks, escalating tensions with China. China's commerce ministry condemned the move, calling it damaging to US-China trade rela...
NVIDIA announced it will hold a conference call on August 26 to discuss its financial results for the second quarter of fiscal year 2027, which ended on July 26, 2026. The call will include prepared remarks followed by a Q&A session limited to financ...
