Earlier this week, he unveiled perhaps the most ambitious infrastructure project in history—and all but dedicated it to Sam Altman.

Among the biggest market drivers over the past couple of years have been the developments in the artificial intelligence (AI) industry. In simplest terms, AI's advanced algorithms

The Trump administration is reportedly negotiating ... including Oracle and possibly Microsoft, would take control of the app from ByteDance, TikTok's Chinese parent company.

Elon Musk's criticism of President Trump's $500 billion Stargate AI initiative has sparked outrage among White House aides.

Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.

The Microsoft CEO will have to perform a delicate balancing act over the next four years to keep his company from becoming a target.

On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015, when he was convicted of multiple charges, including the distribution of narcotics.

On Monday, Nvidia lost about 17% or close to US$593 billion in market value – a record one-day loss for any company, while shares of companies in semiconductor, power and infrastructure companies exposed to AI collectively shed more than US$1 trillion.

US markets stabilised Tuesday following a wipeout a day earlier when DeepSeek startled markets with its capacity to compete with American tech giants.

This story incorporates reporting from ABC, Shacknews and USA Today.President Donald Trump announced earlier this week that Microsoft is engaged in discussions with ByteDance to acquire TikTok.

The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.