SharkNinja’s CEO Launches Company-Wide AI Hackathon to Accelerate Innovation
SharkNinja halted regular operations for four days to immerse employees in an AI hackathon, aiming to bridge skill gaps and boost creativity across all levels.
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SanDisk Innovates with NAND and Compute Chip Integration Amid HBM Supply Constraints
Facing critical high-bandwidth memory shortages, SanDisk proposes stacking NAND Flash and compute units on a single chip to boost AI and HPC performance.
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Santander Expands AI Access to All Employees Aiming for $1.15 Billion Business Boost
Santander rolls out artificial intelligence tools to its entire workforce of 185,000, targeting over $1 billion in business value through enhanced efficiency and customer experience.
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Lawsuit Alleges Toyota Charity Misused EV Project to Benefit For-Profit Startup
A nonprofit suing Toyota claims its electric vehicle concept for African farmers was transferred without consent to a Kenyan startup backed by a Toyota-affiliated foundation.
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Sony Shifts Focus from PC Releases to AI Integration in Latest Strategy Report
Sony’s recent business report omits plans for PC game releases while emphasizing expanded AI use to boost development and personalize the PlayStation experience.
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Elastic Strengthens Reliability Tools with Acquisition of Deductive AI
Elastic has expanded its troubleshooting capabilities by acquiring Deductive AI, a startup offering AI-driven fault diagnosis for tech infrastructure, in a deal reportedly up to $85 million.
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Chinese Military-Linked Investors Secretly Acquired SpaceX Stakes Before IPO
A newly revealed investor list shows that individuals connected to Chinese military contractors purchased stakes in SpaceX prior to its IPO, raising concerns about sensitive technology access.
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GovCon Industry Faces Confidence Decline Despite Rising AI Adoption and Operational Focus
Federal contractors report slipping confidence amid procurement delays, but leading firms boost investments in AI and disciplined operations to secure growth.
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Apple signals product price increases amid rising chip costs driven by AI demand
Apple plans to raise prices on Macs, iPads, and potentially iPhones due to soaring memory chip costs caused by growing demand from AI server manufacturers.
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AI Startup CuspAI Poised to Secure $400 Million to Accelerate Material Discovery
CuspAI is preparing to close a $400 million funding round, valuing the UK-based AI material discovery startup at $2.6 billion, with backing from high-profile investors.
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SpaceX Strengthens Governance by Adding Roelof Botha to Board After $75 Billion IPO
SpaceX appointed Roelof Botha as an independent board member and audit committee member following its record-breaking initial public offering, enhancing oversight amid its transition to a public company.
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EU Antitrust Chief Urges Stronger Support for Cross-Border Bank Mergers to Boost Integration
The EU’s antitrust leader calls on member states to back cross-border bank mergers, emphasizing their role in advancing the single market and funding green and digital transitions.