Tech

Swedish legaltech Legora hits $5 billion valuation as investors pile money into European AI startups

The announcement comes on the back of a bumper start to the week for European AI companies.

How the Iran war and rising energy prices are threatening semiconductor demand

A prolonged U.S.-Israel war against Iran could lead to shortages of key chipmaking materials and higher energy costs which could hurt semiconductor demand.

Meta gets into social networks for AI agents with acquisition of viral Moltbook platform

Moltbook was built for OpenClaw agents, and OpenClaw's founder, Peter Steinberger, was hired by OpenAI.

Buy Nvidia ahead of its pivotal AI conference, analysts say

Analysts across Wall Street reiterated their bullish stances on Nvidia heading into the chipmaker's flagship conference next week.

Amazon plans 'deep dive' internal meeting to address AI-related outages

Amazon said AI-assisted production changes were partly to blame for recent infrastructure issues.

Elon Musk's xAI wins permit to build power plant in Mississippi despite pollution concerns

Mississippi regulators authorized xAI to build a power plant with 41 natural gas-burning turbines in Southaven to power its nearby data centers.