Breaking News: Technology

Here’s where the last $6 billion in CHIPS Act semiconductor award money is going

The rollout of the Biden administration’s CHIPS Act award money has so far focused on providing major awards for major…

Macron: French AI boom could help EU close tech innovation gap with U.S. and China

PARIS, France — Europe is pursuing AI innovation, tech regulation and competition with China in very different ways than the…

Nvidia shares close at record high after forecast signals unwavering demand for AI chips

Nvidia shares jumped more than 9% on Thursday after the company on Wednesday reported earnings that topped Wall Street estimates…

This ETF aims to capture China’s own ‘Magnificent Seven’

Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China. The firm’s CEO Dave Mazza…

DocuSign chief says company focused on growing as a public entity after reports of private equity interest

Contract management platform DocuSign is committed to growing as a public company and is working to convince investors of its…

Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries

BEIJING — Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an…

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will…

TikTok creators sue U.S. government, say divestiture law violates First Amendment

Eight TikTok creators sued the U.S. government Tuesday to block the recently passed law that forces China-based owner ByteDance to…

Fintech firm Klarna says 90% of its employees are using generative AI daily

Swedish financial technology company Klarna said Tuesday that nearly 9 out of 10 employees in its 5,000-strong workforce are now…

U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base

U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming…