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At a Singapore panel, Intel's Lip-Bu Tan said low-cost Chinese AI models such as DeepSeek are gaining fast and quantum could go mainstream (Image: Shutterstock)

Cheap Chinese AI Is Spreading, But Is It Good Enough? Intel’s Lip-Bu Tan Answers

Intel CEO Lip-Bu Tan said Monday that cheaper Chinese AI models like DeepSeek are seeing "very fast" adoption and predicted quantum computing could go mainstream within three to five years. Key Points: Intel CEO Lip-Bu Tan said Chinese AI models such as DeepSeek, Kimi and GLM offer "good enough" per

Wall Street bid Intel stock up 8% on reports SK Hynix may make memory chips at the company's Ohio campus. (Image: Shutterstock)

Intel Stock Jumps 8% On Talk Of SK Hynix Memory Made In Ohio

Intel shares climbed about 8% Thursday as investors kept buying into reports that SK Hynix may produce memory chips at the chipmaker's delayed Ohio campus. Key Points: Intel rose about 8% Thursday, a day after closing up 4% on the first report of the talks. SK Hynix could lease part of Intel's Ohio

Gimlet Labs Valuation Surges To $3B On New Funding

Gimlet Labs Valuation Surges To $3B On New Funding

Gimlet Labs valuation hit $3 billion as the two-year-old AI startup raised $300 million in a Series B led by Andreessen Horowitz, the company announced Friday. Key Takeaways Gimlet Labs raised $300 million in a Series B led by Andreessen Horowitz, reaching a $3 billion valuation The platform routes

Intel Stock Surges 11% After Q2 Earnings Blow Past Estimates on AI-Driven Demand

Intel Stock Surges 11% After Q2 Earnings Blow Past Estimates On AI-Driven Demand

Intel delivered one of its most dramatic earnings surprises in recent memory on July 23, reporting second-quarter revenue of $16.1 billion against analyst estimates of $14.44 billion. The result sent shares jumping roughly 11% in after-hours trading, with some outlets tracking gains as high as 12%,

AI crypto market adds $4B after Trump's technology pledge

AI Tokens Jump 9% After Trump's $500B Artificial Intelligence Pledge

On Wednesday, AI-related cryptocurrencies experienced a notable surge following former President Donald Trump's announcement of a $500 billion investment in artificial intelligence infrastructure. This new initiative, dubbed Stargate, involves collaboration with industry giants such as OpenAI, Oracl

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