Companies And Business - AI News today

Saudi Arabia Announces $1.5 Billion Expansion to Fuel AI-powered Economy with AI Tech Leader Groq

groq.com • Oct 02, 2025

TL;DR

Saudi Arabia has announced a $1.5 billion expansion to fuel its AI-powered economy with AI tech leader Groq.

Key Takeaways:

Groq has secured a $1.5 billion commitment from the Kingdom of Saudi Arabia for expanded delivery of its advanced AI inference infrastructure.
The agreement advances Saudi Arabia's position as a global leader in AI computing infrastructure and meets rapidly growing regional demand.
The project represents a defining moment for both Groq and the Kingdom to deliver on the Vision 2030 goal of an AI-powered economy in Saudi Arabia.

Groq Named a Top 10 National Security Tech Company as It Scales U.S.-Built AI Infrastructure

groq.com • Sep 07, 2025

TL;DR

Groq has been named a Top 10 National Security Tech Company as it scales U.S.-built AI infrastructure, being the only AI Chip provider included in the list.

Key Takeaways:

Groq prioritizes speed, security, and American-made technology, ensuring U.S. and allies' strategic advantages.
Groq is expanding its global footprint in countries like Canada, Saudi Arabia, and Europe, giving access to secure and sovereign AI infrastructure.
The company's inclusion reflects its leadership in scaling sovereign AI infrastructure, emphasizing the importance of U.S.-built AI systems for national security.

Elon Musk's latest blending of his business interests puts the Grok AI chatbot in all new Teslas—and raises questions around data and privacy - Fortune

fortune.com • 23h ago

Elon Musk's latest blending of his business interests puts the Grok AI chatbot in all new Teslas—and raises questions around data and privacy Fortune2...

TL;DR

Elon Musk's Grok AI chatbot is now integrated into all new Tesla vehicles, raising concerns about data sharing and privacy.

Key Takeaways:

Millions of Tesla owners will have access to the Grok AI chatbot, potentially generating significant data for xAI, which could be used to train its language model.
The integration raises questions about what data will be shared with xAI and how it will be processed, with concerns around anonymization and potential misuse.
Tesla and xAI's data collection practices and policies are unclear, leaving consumers to decide whether the benefits of the integration are worth the potential trade-offs in data sharing and privacy.

How open-source AI is helping China win hearts and market share - South China Morning Post

www.scmp.com • Yesterday

How open-source AI is helping China win hearts and market share South China Morning PostChina Is Spending Billions to Become an A.I. Superpower The Ne...

TL;DR

China's open-source AI models, developed by firms like DeepSeek and Alibaba, offer a viable alternative to US closed-source AI systems.

Key Takeaways:

China's free-for-all AI models have sent shock waves through Silicon Valley and Wall Street.
Chinese open-source models present a serious challenge to US counterparts with a collaborative approach to AI development.
This trend has unleashed a wave of AI applications in China and redefined the global AI landscape, winning support from developers worldwide.

Analysts Raise AMD Target on Renewed China AI Chip Opportunities - Yahoo Finance

consent.yahoo.com • Yesterday

Analysts Raise AMD Target on Renewed China AI Chip Opportunities Yahoo FinanceHow Nvidia’s Jensen Huang Persuaded Trump to Sell A.I. Chips to China Th...

TL;DR

Yahoo is collecting user data, including session duration and device type, for analytics purposes, but allows users to opt-out of additional uses such as personalized advertising.

Key Takeaways:

Yahoo is gathering user data to measure website and app usage, including visitor counts, device type, and browser type.
Collected data is stored in an aggregated form to prevent individual user identification.
Users can manage their cookie and data settings through the 'Datenschutzeinstellungen verwalten' link for personalized advertising preferences.

Is AI Too Good at Tracking Stock Market Trends? - Entrepreneur

www.entrepreneur.com • Yesterday

Is AI Too Good at Tracking Stock Market Trends? EntrepreneurHow the “Robot Rush” Could Build Life-Changing Wealth InvestorPlaceThe Role of AI in Stock...

TL;DR

Sterling Stock Picker, an AI-powered investment tool, offers a structured approach to portfolio management for business owners, using AI to guide decisions and provide tailored stock recommendations.

Key Takeaways:

Sterling Stock Picker uses AI to simplify investing, making it more accessible and less intimidating for business owners.
The platform provides real-time data-driven insights, including tailored stock recommendations and sector trend analysis.
A lifetime subscription to Sterling Stock Picker is available for a one-time cost of $55.19, significantly lower than its regular price of $486.

Mizuho Raises Microsoft (MSFT) Price Target to $540, Reiterates Outperform on AI Strength - Yahoo Finance

consent.yahoo.com • Yesterday

Mizuho Raises Microsoft (MSFT) Price Target to $540, Reiterates Outperform on AI Strength Yahoo Finance5 big analyst AI moves: Microsoft PT hike; Tesl...