INSEAD Day 4 - 728x90

Google

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • Dubai, UAE -- SpaceX has signed a multi-year cloud services agreement with Alphabet's Google, securing a major customer for its artificial intelligence computing business ahead of the company's expected U.S. stock market debut next week. Under the deal, Google will pay SpaceX $920 million per month from October 2026 through...
  • Meta, YouTube face trial over children harm

    Opening statements in the first trial began in Los Angeles County Superior Court, where Instagram parent company Meta and Google’s YouTube are facing claims that their platforms deliberately addict and harm young users.
  • OpenAI declares ChatGPT ‘code red’ over stiff competition: report

    Washington, United States -- OpenAI CEO Sam Altman has declared a company-wide "code red" as its ChatGPT technology faces stiff competition from other big tech rivals, especially Google, US media reported. In a memo to staff on Monday, Altman told employees that the company was "at a critical time for...
  • Google announces $40 billion Texas investment to expand AI infrastructure

    Google announced Friday a major $40 billion investment in Texas through 2027 to build new cloud computing and artificial intelligence infrastructure, marking the latest in a series of massive technology investments in the US state.
  • Google to invest $6.4bn

    The investment is its biggest-ever in Germany.
  • Alphabet posts first $100 bn quarter

    The growth was powered by cloud division buoyed by AI
  • Anthropic announces massive AI chip deal with Google

    San Francisco, United States - Artificial intelligence giant Anthropic said Thursday it was expanding its use of Google cloud computing and specialized chips in a deal worth tens of billions of dollars. The arrangement will include Anthropic buying as many as one million Tensor Processing Units (TPUs), which are integrated...
  • OpenAI unveils search browser in challenge to Google

    San Francisco, United States - ChatGPT-maker OpenAI on Tuesday announced an "Atlas" search browser, leveraging its artificial intelligence prowess in a direct challenge to Google Chrome. "This is an AI-powered web browser built around ChatGPT," OpenAI chief Sam Altman said in a streamed presentation. OpenAI has ramped up its challenge...
  • Trial opens in Klarna’s $8.3 billion lawsuit against Google

    Stockholm, Sweden -- A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned by Klarna, against tech giant Google for over $8 billion for promoting its own shopping comparisons in search results. The Swedish tech startup filed its suit with the Patent...
  • Google infuses Gemini generative AI into home gadgets

    Paris, France -- Google said Wednesday it was adding its Gemini generative AI assistant to its smart home devices, saying users would be able to control them with natural language commands. The new "Gemini for Home" feature "replaces the Google Assistant", the previous system for managing the American tech giant's...
  • EU hits Google with $3.47 billion fine despite Trump threats

    Brussels, Belgium -- The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favoring its own advertising services Friday, despite President Donald Trump's warnings not to target US big tech. Google immediately vowed to appeal the decision by the European Commission, which accused the US...
  • Google to provide Gemini AI tools to US government

    Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.
  • Google and Australia’s national newswire strike AI deal

    Sydney, Australia - Australia's national newswire has agreed to provide content to Google's Gemini artificial intelligence to improve its responses, the two firms said. Financial details of the agreement, which was announced Tuesday, were not provided. The deal would help deliver real-time information to "enhance" responses in the Gemini app,...
  • Perplexity AI offers Google $34.5 bn for Chrome browser

    San Francisco, United States -- Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which the internet giant could potentially be forced to sell as part of antitrust proceedings. The whopping sum proposed in a letter of intent by Perplexity is nearly double the value...
  • AI search pushing an already weakened media ecosystem to the brink

    New York, United States - Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news sites of visitors and impacting the advertising revenue they desperately need, in a crushing blow to an industry already fighting for survival. "The next three or four years will be...
  • Humans beat AI gold-level score at top maths contest

    Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite the programs reaching gold-level scores for the first time. Neither model scored full marks -- unlike five young people at the International Mathematical Olympiad (IMO), a prestigious annual competition where...
  • Google makes case for keeping Chrome browser in US court

    Washington, United States - Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance in online search. Rival attorneys made their final arguments before US District Court Judge Amit Mehta, who is considering "remedies" to impose after...
  • Ads pressured to evolve as AI changes Google search

    San Francisco, United States -- As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine. The internet giant is dabbling with ads in its new AI Mode for online search, a strategic move to fend off competition...
  • Google has illegal monopoly in ad tech, US judge rules

    Washington, United States - A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad technology market, in a legal blow that could rattle the tech giant's revenue engine. The federal government and more than a dozen US states filed the antitrust suit against Alphabet-owned...
  • US judge rules Google monopolized online ad tech market

    Washington, United States -- A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology market in a blow that could rattle the tech giant's revenue engine. The federal government and more than a dozen US states filed the antitrust suit against Alphabet-owned Google, accusing...
  • EU skewers Google, Apple over tech rules – despite Trump threats

    The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could trigger hefty fines -- and ordering Apple to make its iPhone interact better with rivals' devices.
  • Google says to buy Wiz for $32 bn

    The all-cash deal brings Wiz into the Google Cloud operation.
  • Government chiefs and tech leaders gather in Paris for AI summit

    Political and tech industry leaders were set to descend on Paris Monday for a two-day summit on artificial intelligence, hoping to find common ground on a technology with the potential to upset global business and society
  • Big Tech’s AI spending rattles markets

    Amazon and big tech peers Microsoft and Google saw their stock prices fall on concerns over high AI investment costs. They are investing heavily in AI data centers while meaningful returns remain uncertain.
  • Google unveils its most advanced Artificial Intelligence model, Gemini 2.0

    San Francisco, United States -- Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast-developing technology. CEO Sundar Pichai said the new model would be marking what the company calls "a...
  • Asian shares rise as markets await tech results

    Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans, including Google parent Alphabet, Amazon, Apple, Facebook-parent Meta, and Microsoft
  • Rising needs of electricity by tech companies to manage powerful data centers are pushing them toward nuclear power. (Pexels: Photo by Christina Morillo)

    Major tech companies turn to nuclear energy to power data centers and AI initiatives

    Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman Sachs says that data centers will consume eight percent of the US power by 2030, up from three percent in 2022.
  • US considering Google breakup following monopoly ruling

    The US Department of Justice (DOJ) made recommendations for Google’s search engine business practices on Tuesday, according to US media. The DOJ indicated that it was considering a possible breakup of the tech giant as an antitrust remedy.
  • Anthropic hit with class-action lawsuit over copyright infringement

    Anthropic, the Amazon-backed artificial intelligence startup, on Monday, was hit with a class-action lawsuit in California federal court over alleged copyright infringement. Three authors said in the filing that Anthropic “built a multibillion-dollar business by stealing hundreds of thousands of copyrighted books,” including their own, CNBC reported. Anthropic, which was...
  • Is Artificial Intelligence a major drain on the world’s energy supply?

    Paris, France -- When Google announced this week that its climate emissions had risen by 48 percent since 2019, it pointed the finger at artificial intelligence. US tech firms are building vast networks of data centres across the globe and say AI is fuelling the growth, throwing the spotlight on the...
  • OpenAI reveals new GPT-4o model that is faster and free for all users

    OpenAI on Monday launched a new AI model and desktop version of ChatGPT, along with an updated user interface, the company’s latest effort to expand the use of its popular chatbot, CNBC reported. The tech company said the new flagship model 'is the future of interaction between ourselves and the...
  • After long peace, Big Tech faces US antitrust reckoning

    Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split up.
  • Apple explores making personal robots

    It is working on a robot that may be helpful to people.
  • Google to delete incognito search data

    The suit filed in June of 2020 sought US$5bn in damages.
  • Google hit by US$272m fine in France

    It breached an agreement on terms for paying media firms.
  • Google’s new AI for corner kick tactics gets Liverpool approval

    PARIS, FRANCE – Liverpool football analysts have given their seal of approval to a new artificial intelligence tool from Google that suggests the best tactics for corner kicks, researchers said on Tuesday. However no Liverpool players -- or any humans -- have tried out the AI assistant's suggestions, and an outside...
  • Gemini’s inaccurate AI racial images warn of tech titans’ power

    AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out images of Black and Asian Nazi soldiers was seen as a warning about the power artificial intelligence can give tech titans. Google CEO Sundar Pichai last month slammed as "completely...
  • US House of Representatives overwhelmingly passes TikTok ban bill

    The measure requires TikTok's parent company ByteDance to sell the app within 180 days or see it barred from the Apple and Google app stores in the US. The lawmakers voted 352 in favor of the proposed law and 65 against, in a rare moment of bipartisan unity in politically...
  • Apple’s changes contradicts European rules, 34 firms complain

    Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules in the bloc, 34 digital organizations complained to the European Commission this week. They include app makers Epic Games and Spotify. "We are very concerned that Apple’s proposed scheme for...
  • AI the new obsession for venture capital investing

    Stung by the struggles of cryptocurrency and other faded Silicon Valley fads of recent years, venture capitalists have quickly doubled down on AI, a new promised land in the never-ending quest for big tech riches. For the big investors, "if it's not AI, it's not worth it," Denis Barrier, co-founder...
  • AI in focus as world’s biggest mobile fair gets underway in Spain

    Barcelona, Spain - The world's biggest mobile phone fair throws open its doors in Barcelona Monday with the sector looking to artificial intelligence to try and reverse declining sales. Phone makers are expected to focus on the unique AI-powered tools of their latest handsets at the four-day Mobile World Congress in...
  • Saudi media ministry and Google join forces for digital transformation

    Riyadh, Saudi Arabia - Saudi Ministry of Media and Google have joined forces in a strategic collaboration aimed at driving the digital transformation of Saudi Arabia's media sector. The announcement, made during the 3rd Saudi Media Forum in Riyadh, aligns with Minister of Media Salman Al-Dosary's declaration that 2024 is...
  • Google AI research hub in Paris to host 300 experts

    The new hub part of a trend for big tech firms to base teams in European centers.
  • AI giants to unveil pact to fight political deepfakes

    The idea comes as big tech companies are under considerable pressure over fears that AI-powered applications could be misused in a pivotal election year. Meta, Google and OpenAI have already agreed to use a common watermarking standard that would tag images generated by their AI applications, such as OpenAI's ChatGPT,...
  • EU excuses Apple and Microsoft products from tougher tech curbs

    Brussels, Belgium - Apple's iMessage and Microsoft's Bing search engine got a reprieve from tougher EU rules curbing how tech titans do business, the European Commission said on Tuesday. From next month, the world's biggest digital firms, identified as "gatekeepers" by the EU, must comply with strict do's and don'ts under...
  • Most markets advance after tech titans fuel Wall Street surge

    Shares in Amazon, Apple and Facebook owner Meta all climbed during Thursday's session. All three companies were due to report results after the market closed
  • US stocks rebound from sell-off on Fed disappointment

    New York, United States - Wall Street stocks rose early Thursday, rebounding from the prior session's pullback as markets awaited more big tech earnings later in the day. Major indices had tumbled on Wednesday after Federal Reserve Chair Jerome Powell dampened expectations for an imminent cut in interest rates. Adam Sarhan...
  • Google says AI helped boost profits

    Alphabet reported a profit of $20.7 billion.
  • Norway’s sovereign wealth fund posts record US$213bn profit

    Oslo, Norway - Norway's sovereign wealth fund, the world's biggest, said Tuesday it raked in a record profit of 2.2 trillion kroner ($213 billion) last year, driven by tech stocks and a weak national currency. The fund's total value reached close to 15.8 trillion kroner last year. The 16.1 percent return...
  • Google to invest US$1bn in UK data centre

    It will meet growing demand for internet services in the region.
  • Google CEO says more layoffs are likely this year

    SAN FRANCISCO, US - Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine giant as it focused on new priorities, including artificial intelligence. "These role eliminations are not at the scale of last year's reductions and will not touch every team. But I...