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Microsoft president says AI is ‘the electricity of our age’ as company prepares to hit $80 billion spend

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Microsoft is on pace to invest about $80 billion this year to build out AI datacenters, train AI models and deploy cloud-based applications around the world, according to Smith. Read More

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SK Hynix dips after record profit misses lofty expectations

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Nvidia’s main supplier of high-bandwidth memory posted an operating profit of $5.6 billion in the December quarter, after a 75% rise in revenue. Read More

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Jamie Dimon calls Elon Musk the ‘Einstein’ of our time—said they reconciled and ‘hugged it out’

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The pair have had a testy relationship for nearly a decade. Read More

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FDA approves Johnson & Johnson’s ketamine-derived nasal spray for depression as standalone treatment

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The announcement was welcome news for those with major depressive disorder, affecting an estimated 8.3% of the adult population. Read More

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