TECH

NVIDIA TO INVEST HUNDREDS OF BILLIONS IN U.S. CHIP PRODUCTION OVER THE NEXT FOUR YEARS

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Nvidia plans to invest hundreds of billions of dollars in US-made chips and electronics over the next four years, according to CEO Jensen Huang in an interview with the Financial Times published on March 19, 2025. The AI chip giant anticipates allocating approximately half-a-trillion dollars on electronics during this period.

MICROSOFT TO END SKYPE OPERATIONS, FOCUS ON TEAMS

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Microsoft has announced that it will discontinue Skype operations in May 2025, shifting its focus entirely to its modern communication platform, Microsoft Teams (free). The move signals Microsoft's intent to consolidate its communication services around Teams after two decades of Skype serving as a leading online calling and messaging service.

NTEL NAMES CHIP VETERAN LIP-BU TAN AS NEW CEO IN TURNAROUND BID

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Intel Corporation has appointed industry veteran Lip-Bu Tan as its new CEO, effective March 18, in a strategic move to restore the struggling chipmaker's position in an increasingly competitive market. The announcement sent Intel shares surging 12% in extended trading Wednesday, offering investors hope amid the company's prolonged difficulties.

WHY AI COMPANIES ARE TURNING TO CHEAPER, FASTER MODELS BY DISTILLATION

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Leading AI firms, including OpenAI, Microsoft, and Meta, are turning to a technique known as "distillation" to build more cost-effective and efficient AI models. This shift, sparked by competition from China's DeepSeek, has intensified the global race for AI dominance while raising concerns about intellectual property and market stability. As a result, billions of dollars have been wiped from the market value of major U.S. tech firms.

ALIBABA RELEASES ITS LATEST AI MODEL

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Alibaba's Hong Kong-listed shares jumped 8% on Thursday after the Chinese tech giant unveiled its latest AI reasoning model, claiming it outperforms competitors like OpenAI and DeepSeek. The news also helped boost the Hang Seng's China Enterprises Index.

AMAZON UNVEILS 'OCELOT' QUANTUM COMPUTING BREAKTHROUGH

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Amazon has thrown its hat into the quantum computing race, unveiling 'Ocelot,' a prototype chip that could revolutionize error correction in quantum computing. The tech giant's announcement marks the third major development in the industry in recent months, following similar breakthroughs from Google and Microsoft.

DISCORD EXPLORES INITIAL PUBLIC OFFERING AMID TECH MARKET REVIVAL

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Discord, the popular social chat platform, has begun preliminary discussions with investment bankers regarding a potential initial public offering (IPO) that could occur as early as this year. The gaming-focused communication service, valued at approximately $15 billion in its 2021 private funding round, is considering this strategic move amid cautious signs of revival in the tech IPO market.

APPLE UNVEILS $500B US INVESTMENT, CREATING 20,000 JOBS IN TEXAS AI HUB

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Apple has announced plans to establish a quarter-million-square-foot artificial intelligence server factory in Houston, Texas, by 2026. The facility, developed in partnership with Foxconn, will be dedicated to manufacturing servers for Apple Intelligence, the company's AI feature suite that powers email drafting and other automated tasks.