Walmart Raises Annual Outlook After Strong Q2 Sales and Tariff Refund Boost
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Walmart Raises Annual Outlook After Strong Q2 Sales and Tariff Refund Boost

Walmart has surpassed Wall Street expectations for its fiscal second-quarter sales, prompting the retail giant to elevate its full-year financial outlook. Global e-commerce growth and substantial tariff refunds played a significant role in driving the strong quarterly performance. During the three-month period ending July 31, total revenue climbed to $187.94 billion, up from $177.40 billion […]
Alibaba’s Profits Plunge 75% as Massive AI Infrastructure Investments Take Center Stage
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Alibaba’s Profits Plunge 75% as Massive AI Infrastructure Investments Take Center Stage

Chinese technology giant Alibaba Group has reported a significant 75% decline in net income for the June quarter, driven by a massive surge in capital expenditure aimed at bolstering its artificial intelligence capabilities. Despite the profit squeeze, the company’s overall revenue climbed 9% year-on-year to reach 268.95 billion Chinese yuan ($37 billion), slightly outpacing market […]
SpaceX’s Rumored Bid for AI Startup Cognition Met with Firm Denial from CEO Scott Wu
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SpaceX’s Rumored Bid for AI Startup Cognition Met with Firm Denial from CEO Scott Wu

Speculation recently mounted over a potential acquisition of AI coding startup Cognition by Elon Musk’s SpaceX, as the aerospace giant continues its aggressive push into the artificial intelligence sector. However, Cognition’s Chief Executive Officer, Scott Wu, swiftly shut down the rumors. Taking to social media, Wu clarified that the reports were inaccurate, asserting that Cognition […]
OpenAI Unveils ‘Private Safety Processing’ to Challenge Anthropic on Enterprise Data Privacy
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OpenAI Unveils ‘Private Safety Processing’ to Challenge Anthropic on Enterprise Data Privacy

As artificial intelligence models grow increasingly sophisticated, developers face the difficult challenge of preventing system abuse while respecting the strict data privacy demands of corporate clients. In a strategic move to capture privacy-conscious enterprise customers, OpenAI has announced a preview of a new security feature called Private Safety Processing. This automated system is designed to […]
Waymo Rolls Out Next-Gen ‘Ojai’ Robotaxis in Three Major Cities as Expansion Accelerates
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Waymo Rolls Out Next-Gen ‘Ojai’ Robotaxis in Three Major Cities as Expansion Accelerates

Alphabet’s autonomous driving unit, Waymo, has officially opened access to its next-generation robotaxi, dubbed the “Ojai,” to all passengers in San Francisco, Los Angeles, and Phoenix. This rollout represents a major step forward in the company’s quest to scale its ride-hailing operations with vehicles designed to be significantly cheaper to manufacture, run, and maintain. Currently, […]
Stripe Acquires AI Prompt Router OpenRouter for $7.5 Billion in Strategic AI Push
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Stripe Acquires AI Prompt Router OpenRouter for $7.5 Billion in Strategic AI Push

Payments giant Stripe has confirmed its acquisition of AI startup OpenRouter, a company specializing in routing prompts between various artificial intelligence models. While the financial terms were not officially disclosed, sources indicate the deal is valued at a substantial $7.5 billion. This acquisition represents a significant leap from OpenRouter’s valuation of $1.3 billion just three […]