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Samsung Forecasts Sharp Profit Growth as AI Chip Demand Surges

Samsung Electronics expects a significant increase in second-quarter operating profit, driven by strong demand for AI memory chips. Despite the upbeat forecast, investors remain focused on the company's ability to maintain momentum in the rapidly evolving artificial intelligence market.

2w ago

2 min read

G7 Summit 2026: Key Moments, Major Agreements and Highlights from the Meeting of World Leaders

Leaders of the Group of Seven gathered for the 2026 G7 Summit to discuss global security, trade, artificial intelligence and ongoing geopolitical challenges. Here is a look back at the summit's key meetings, major agreements and memorable moments.

1mo ago

2 min read

Google puts AI at the centre of I/O 2026 with major Search and Gemini updates

Google has unveiled a series of AI-focused announcements at its annual I/O developer conference, introducing new Gemini capabilities and redesigned Search features aimed at creating a more conversational and task-driven experience. The updates mark another major step in the company's push to integrate AI across its products and services.

2mo ago

2 min read

NVIDIA reports soaring revenue as AI demand continues to surge

Nvidia has reported another sharp rise in revenue, with demand for artificial intelligence infrastructure continuing to drive growth. The results exceeded expectations and reinforced the company's central role in the global AI race, as technology firms continue investing heavily in data centres and advanced computing systems.

2mo ago

2 min read

Big Tech Restructures as AI Investment Drives Workforce Cuts

Major technology companies are cutting thousands of jobs while significantly increasing investment in artificial intelligence, signaling a structural shift in how tech firms allocate resources and design future workforces.

3mo ago