Economy
Alibaba Cloud Sees AI Surge but Faces a Server Shortage
Alibaba Cloud posted strong growth in Q2 FY2026, driven by demand for AI services. Revenue rose 34% year‑on‑year to $5.6 billion, and the...
AWS Plans Up to $50B to Boost Secure AI and Supercomputing for U.S. Agencies
Amazon Web Services (AWS) says it will invest as much as $50 billion to build AI and high‑performance computing for the U.S. government....
US Asks Court to Split Google’s Ad Tech, Cites Broken Promises
The US government asked a federal judge on Friday to order the breakup of Google’s digital advertising arm, saying it does not trust...
Virginia Tech appoints James Franklin as head coach.
Virginia Tech has appointed James Franklin as its new head football coach, marking a pivotal change in leadership for the program. Franklin, previously...
Tinubu Pledges Support for Youth at Launch of “The Power of a Teenager: 50 Ways to Inspire Ce”
President Bola Tinubu has promised to support the growth and development of Nigeria’s children at the launch of the book "The Power of...
AWS and Humain to Place 150,000 AI Chips in Riyadh “AI Zone
Amazon Web Services (AWS) and Saudi partner Humain will install about 150,000 AI chips at a new “AI Zone” in Riyadh. The project...
Verizon and AWS Link Fiber and Cloud to Bring AI Tools to Small Firms
Verizon Business and Amazon Web Services (AWS) have formed a new deal to give small businesses better network links for AI services. The...
Visa Warns Fraud Is Rising Alongside “AI Agent” Shopping
Visa says the spread of AI-driven shopping agents is creating fast-moving fraud that no single organization can fight alone. Because these crimes cross...
Amazon to Send Prime Refunds Under $2.5 Billion Settlement
Amazon will pay eligible Prime members as part of a $2.5 billion settlement tied to federal claims that it enrolled people in Prime...
Nvidia Signs $26 Billion in Multi‑Year Cloud Server Deals
Nvidia said it has agreed to rent cloud servers worth $26 billion over the next six years, according to its 10‑Q filed with...
