Alibaba's divestment from gaming underscores a strategic pivot towards AI and cloud, reshaping its business focus and industry dynamics. The post Alibaba sells Lingxi Games in over $2B deal as it doubles down on AI appeared first on Crypto Briefing.
AI-driven tech stock valuations may face volatility, impacting investor confidence and market stability amid potential correction risks. The post ECB warns of elevated AI-driven tech stock valuations, potential correction risks appeared first on Crypto Briefi…
Elon Musk's SpaceX has completed its $60bn acquisition of AI coding agent Cursor, a deal the company has positioned as part of efforts to compete more directly with Anthropic PBC and OpenAI. The transaction became effective on 14 August 2026, according to a r…
Data center moratoriums across the United States could cost communities tax revenue and jobs, echoing 19th-century towns that rejected railroads.
Taiwan Mobile has raised its full-year 2026 operating profit growth outlook to 7% to 9%, excluding the impact of its planned Systex acquisition, as AI applications continue to drive demand for data center computing power and spur the company's AI data center …
