
xAI Faces Federal Lawsuit Over Grok AI-Generated Child Sexual Abuse Material
Mar 17, 2026 04:49 am UTC| Business Technology Law
Three Tennessee plaintiffs, two of whom were minors at the time the images were created, have filed a federal lawsuit in San Jose, California against Elon Musks artificial intelligence company xAI. The suit alleges that...

Nvidia's Jensen Huang Forecasts $1 Trillion in AI Chip Demand Through 2027
Mar 17, 2026 03:12 am UTC| Business Technology
Nvidia CEO Jensen Huang stunned attendees at the companys annual GTC developers conference in California by projecting up to $1 trillion in purchase orders for its flagship AI chip technologies doubling his own $500...

Nvidia's Jensen Huang Credits Samsung for Manufacturing New AI Chips, Boosting Stock
Mar 17, 2026 02:57 am UTC| Business Technology
Samsung Electronics shares surged as much as 5% on Tuesday after Nvidia CEO Jensen Huang publicly credited the South Korean tech giant for manufacturing its latest artificial intelligence chips. The announcement came...

SK Hynix Chairman Warns of Memory Chip Shortage Through 2030 Amid AI Boom
Mar 17, 2026 02:54 am UTC| Business Technology
SK Hynix Chairman Chey Tae-won has warned that the global memory chip shortage could persist well into 2030, driven by unprecedented demand from the artificial intelligence sector. The South Korean chipmakers chief made...

Meta Eyes Massive Layoffs to Fund AI Ambitions
Mar 16, 2026 13:20 pm UTC| Business Technology
Meta Platforms is reportedly considering its largest workforce reduction since 2022, with potential cuts that could eliminate more than 20% of its nearly 79,000 employees. According to Reuters, top executives have already...

Zhipu AI Launches GLM-5-Turbo Model to Power Next-Gen AI Agent Workflows
Mar 16, 2026 04:31 am UTC| Business Technology
Shares of Hong Kong-listed Chinese artificial intelligence company Zhipu AI (HK:2513), formally known as Knowledge Atlas, surged as much as 16% to HK$615 following the launch of its newest large language model tailored for...

Hua Hong Group's 7nm Breakthrough Signals China's Growing Chip Independence
Mar 16, 2026 04:28 am UTC| Business Technology
Chinas Hua Hong Group is closing the gap in advanced semiconductor manufacturing, with its contract chipmaking subsidiary Huali Microelectronics preparing a 7-nanometer chipmaking process at its Shanghai facility. If...