Catenaa, Friday, March 07, 2025- Broadcom recorded more than expected revenue in the first quarter of 2025, the company reported on Thursday, with 25% growth year over year driven by Artificial Intelligence (AI). Chipmaker’s revenue stood at $14.9 billion for the first quarter, while adjusted net income came in at $7.82 billion, up from $5.25 billion a […]

Catenaa, Friday, March 07, 2025– China will set up a government-backed venture capital guidance fund in the near future that will mobilize $138.01 billion from social capital to support technology startups, country’s top economic regulator said on Thursday. “In the near future, we will establish a national venture capital guidance fund, with the goal of enhancing, strengthening and […]

Catenna, Monday, March 17, 2025—After DeepSeek’s success, the biggest tech firms in the US will increase their combined annual spending on artificial intelligence to more than $500 billion by early next decade, Bloomberg Intelligence reported on Monday. Bloomberg Intelligence said companies, including Microsoft, Amazon, and Meta Platforms are projected to spend $371 billion on data centers […]