As part of an effort to regain its position as a leading maker of semiconductors amidst a global chip shortage, Intel is committing $20 billion to build a manufacturing mega-site in New Albany, on the outskirts of Columbus, Ohio, the company exclusively confirmed to TIME. The chipmaker says it will build

It was only six months ago that Google began accepting ads for cryptocurrency wallets, loosening a 2-year-old crypto ban that had only allowed a few well-regulated exchanges onto its ad platform. Now, it’s building a new blockchain division and teaming up with crypto firms including the Coinbase exchange and payment processor

Meta, Facebook’s parent company, is reportedly drawing up plans to allow users to create and display NFTs on their profiles along with a prototype feature for minting tokens in the pipeline. The Financial Times reported the news on Thursday, citing “several people familiar with the matter.” The report comes after Meta

The concept of the metaverse has gained an army of supporters over the past year, ranging from Big Tech companies to fashion brands and even dating apps. However, one major tech heavyweight isn’t as convinced: PlayStation inventor Ken Kutaragi. In an interview with Bloomberg, the 71-year old gaming legend described the

Ever since Alan Turing helped decode the Enigma messages used by the Germans during World War II, the concept of artificial intelligence started getting traction. It was only in 1956 that the term actually was officially coined by none other than John McCarthy. It was the era when the debate over

A decentralized application – or dapp – is like a digital app found on any smartphone or laptop, with the additional feature of employing blockchain technology to keep users’ data out of the hands of the organizations behind it. Just like cryptocurrency is decentralized money, dapps are decentralized apps. The blockchain

The definition of “Web 3.0” has assumed different incarnations over the past few years, depending on whom you asked and when. We initially thought it would have been some kind of semantic web, with shared ontologies and taxonomies that described all the domains relevant to the published content. The Internet,

We are on the precipice of a new form of finance that will use a range of technologies to change the way we use and manage one of our most fundamental tools: money. Gone are the days of taking out cash from an ATM, applying for a mortgage by visiting a

Microsoft’s planned $68.7 billion acquisition of gaming company Activision Blizzard isn’t just a weapon in the tech giant’s battle for video game domination. It’s also about the metaverse — a buzzy topic at the moment, with brands from Disney to Walmart working to carve out their own niche in the digital

Over the past two years, stay-at-home orders and lockdowns have tested the strength of many American merchants. During the height of the pandemic, 23% of small- and medium-sized businesses closed their doors to customers. While vaccines have brought hope to reopening plans, the post-pandemic landscape comes with a new set of