Technology

AppLovin stock soars 730% in a year: what’s driving the rally?
February 14, 2025 01:51 AM AEDT| By InvezzAppLovin, the best-performing US tech stock of 2024, continued its meteoric rise after the company reported fourth-quarter earnings that far exceeded Wall Street expectations. Shares soared nearly 30% in extended trading on Wednesday as the company p...

Baidu makes ‘Ernie Bot’ free from April 1 as AI competition intensifies in China
February 13, 2025 04:46 PM AEDT| By InvezzBaidu is making a strategic move to strengthen its position in China’s artificial intelligence race by making its chatbot, Ernie Bot, free to all users starting April 1. The decision signals a shift in the company’s approach as it grapples with...

Intel stock surges as Vance pledges to protect US AI technology, boost domestic production
February 12, 2025 06:35 AM AEDT| By InvezzShares of Intel (NASDAQ: INTC) rose 8% on Tuesday after Vice President JD Vance emphasized the Trump administration’s commitment to protecting American artificial intelligence technology from foreign threats. Speaking at the AI Action Summit in Paris...

US is the leader in AI, and plans to keep it that way: VP JD Vance at Paris Summit
February 11, 2025 10:04 PM AEDT| By InvezzUS Vice President JD Vance, speaking at the AI Action Summit in Paris on Tuesday, pledged that the US would safeguard its artificial intelligence (AI) and semiconductor technologies from theft and misuse, emphasizing a firm stance against the “...

Adyen share price rare pattern points to a surge soon
February 10, 2025 05:02 PM AEDT| By InvezzAdyen share price has risen in the last six straight weeks, moving to its highest level since July 2023. It has jumped by 150% from its lowest level in 2023, giving it a market cap of over €50 billion. So, is the Adyen stock price a good investment a...

Near Protocol unveils $20M fund to drive AI agent innovation
February 07, 2025 11:48 PM AEDT| By InvezzThe Near Foundation unveiled a $20 million accelerator fund to enrich AI Agents’ growth within its ecosystem. The development comes weeks after the team expanded the platform’s AI agent sector with features that boost utility and user experienc...

PLTR stock is soaring: but is Palantir really worth $255 billion?
February 07, 2025 08:51 PM AEDT| By InvezzPalantir stock price continues to fire on all cylinders as it surged to a record high of $112, bringing its 12-month gains to near 1,200%. PLTR has become one of the best-performing companies in Wall Street, which has propelled its market cap to over...

Zomato to Eternal, Google to Alphabet, Facebook to Meta: why do companies rebrand and does it work?
February 07, 2025 08:28 PM AEDT| By InvezzZomato has announced it will change its corporate name to Eternal Ltd, marking a major rebranding move aimed at reflecting its growth beyond food delivery. The company confirmed the decision in a regulatory filing on Thursday, stating that its board...

Applied Materials stock: Is AMAT a bargain ahead of earnings?
February 07, 2025 08:05 PM AEDT| By InvezzApplied Materials stock price has remained in a tight range in the past few weeks as investors focused on the data center and artificial intelligence industry. AMAT was trading at $182.80 on Friday, down by over 28% from its highest level this year....

DeepSeek ban on government devices? US lawmakers introduce proposed law
February 07, 2025 07:30 AM AEDT| By InvezzA bipartisan group of US lawmakers has introduced legislation to ban federal employees from using the Chinese artificial intelligence chatbot DeepSeek on government devices, citing national security concerns and the potential for data misuse by Beiji...

South Korean officials raise alarms over DeepSeek AI security concerns
February 06, 2025 05:57 PM AEDT| By InvezzSouth Korea has intensified its scrutiny of Chinese artificial intelligence (AI) startup DeepSeek, imposing access restrictions across multiple government agencies and critical infrastructure sectors. The country’s industry ministry confirmed on Wedn...

Uber CEO warns self-driving cars need Uber to reach full potential
February 06, 2025 04:25 AM AEDT| By InvezzUber Technologies Inc (NYSE: UBER) chief executive Dara Khosrowshahi agrees self-driving technology could mean uncertainty for the ride-hailing giant. But what it also means for the company is a huge opportunity, he told CNBC in an interview on Wedne...

From Tokyo to Delhi: OpenAI’s CEO Sam Altman woos Indian market in AI push
February 05, 2025 11:16 PM AEDT| By InvezzOpenAI CEO Sam Altman has declared India the company’s most critical international market. Altman’s statement came after a year that saw OpenAI’s user base in India triple, marking the end of a multi-day tour of Asia that included s...

Apple shares slumps close to 3% in premarket trading: here’s why
February 05, 2025 11:15 PM AEDT| By InvezzApple’s stock declined on Wednesday following reports that Chinese regulators are considering a formal investigation into the company’s App Store practices. Apple shares were down by 2.84% in premarket trading, at the time of writing. The...

Why Spotify (SPOT) could be a safe bet in an economic slowdown
February 05, 2025 01:55 AM AEDT| By InvezzNancy Tengler recent dubbed Spotify Technology SA (NYSE: SPOT) a “recession-proof” name – and the earnings it reported for its financial fourth quarter substantiated her view on Tuesday. Spotify may be seen as insulated as it has been able to grow it...

DeepSeek’s AI breakthrough powers Meta’s Llama and open-source boom
February 05, 2025 01:51 AM AEDT| By InvezzThe artificial intelligence race has been dominated by proprietary models from OpenAI and Google, but a new challenger is shifting the landscape. DeepSeek’s latest AI model, R1, has bolstered the case for open-source AI, with implications reaching fa...

Digital assets recover ahead of AI & crypto czar’s first press conference: FET, TAO, RENDER lead gainers
February 04, 2025 08:09 PM AEDT| By InvezzDigital currencies displayed significant gains after yesterday’s flash crash, which saw Bitcoin exploring the $91K vicinity. Bulls triggered overnight recoveries after the United States president started delaying tariffs. That shifted sentiments in t...

Tempus AI stock price is not cheap: is it a good buy?
February 04, 2025 03:12 PM AEDT| By InvezzTempus AI stock price has rebounded this year as demand for artificial intelligence solutions jumped sharply. The TEM stock also jumped to $61 after the company completed its acquisition of Ambry Genetics. Its market cap has moved to over $9 billion,...

Palantir stock jumps 15% on strong Q4 earnings as CEO Alex Karp highlights AI-driven growth
February 04, 2025 08:47 AM AEDT| By InvezzPalantir Technologies saw its shares soar over 15% in after-hours trading on Monday after the company posted stronger-than-expected fourth-quarter earnings and revenue, fueled by its expanding artificial intelligence capabilities and growing demand f...

OpenAI and SoftBank forge AI alliance to power Japan’s business revolution
February 04, 2025 12:58 AM AEDT| By InvezzIn a move that signals a significant push for artificial intelligence adoption outside the United States, OpenAI, the pioneering AI research company, has entered into a landmark joint venture with SoftBank Group Corp. The collaboration aims to aggres...