Alphabet Inc. has started marketing its debut Australian dollar bond sale, seeking to raise about A$5 billion (US$3.6 billion) in four maturities, including a 20-year note, according to Australia & Ne…
Alphabet Inc.'s Google LLC won a bankruptcy auction to acquire Spirit Airlines Inc.'s internal business data for $10 million, outbidding AI training data company Mercor.io Corp. The data includes 100 …
Stripe Inc. has finalized an agreement to acquire OpenRouter, a startup that lets developers switch between AI models, for more than $7 billion, a 5.4-fold premium over its $1.3 billion valuation from…
Groq has raised $350 million in funding at a $3.5 billion valuation, roughly half its $6.9 billion valuation from last September, after Nvidia Corp. struck a licensing deal with the startup and hired …
Investment-grade companies have sold nearly $1.5 trillion of bonds this year, a 36% jump from a year earlier, driven by a borrowing binge for artificial intelligence that is pushing up Treasury yields…
Alphabet Inc., Google's parent company, has hired banks for its debut Australian dollar bond offering, expanding its multi-currency borrowing spree to fund AI infrastructure. The company raised roughl…
Wall Street's record-setting rally, fueled by Big Tech's massive AI investments, faces a key risk from rising interest rates, which reduce the present value of future profits and pressure high-multipl…
NVIDIA Corp. disclosed a $21 billion stake in Elon Musk's SpaceX as of June 30, making it the sixth-largest investor in the rocket manufacturer, according to a Securities and Exchange Commission filin…
Alibaba Group Holding's open-weight Qwen models surpassed 3 billion global downloads in the past six months, making it the world's most-downloaded AI model family, according to a Hugging Face Inc. rep…
Alphabet Inc.'s Google released Gemini 3.7 Flash, a new installment of its workhorse AI model that outperforms its predecessor in coding tasks and can generate production-ready code on the first try, …
OpenAI has hired Dali Rajic, president and chief operating officer of Alphabet Inc.-owned cybersecurity firm Wiz, as its new chief revenue officer, succeeding Denise Dresser, who will leave after a tr…
A fund has been mounted against Alphabet Inc.'s (GOOG) aggressive AI spending, according to a report. The fund targets the company's significant investments in artificial intelligence, which have rais…
Alphabet Inc. (GOOG) is positioned as the primary beneficiary of the artificial intelligence era, according to a recent analysis. The company's extensive AI investments and infrastructure are expected…
Alphabet Inc. shares dropped roughly 4% after CEO Sundar Pichai announced that Demis Hassabis is stepping down as head of Google DeepMind to become Chair and Chief Scientist of Alphabet, with Koray Ka…
Optical component makers are surging again as investors grow confident in sustained AI capital spending, with Applied Optoelectronics Inc. up 76% in nine sessions and Coherent Corp. gaining 48% since …
Hon Hai Precision Industry Co. reported a 35% increase in net income to NT$60 billion ($1.9 billion) for the quarter ended in June, beating the average analyst estimate of NT$58.4 billion, signaling r…
Google LLC's Gemini artificial intelligence app has surpassed 1 billion monthly active users, making it the 14th product in the company's history to reach that milestone, according to a blog post by J…
Alphabet Inc. (GOOGL) and Meta Platforms, Inc. (META) face heightened regulatory pressure on AI safety from both Washington and Brussels, according to a report from Yahoo Finance. The article highligh…
Salima Teiani, a former Alphabet Inc. executive, argues in a Fast Company essay that the next major innovations will not come solely from Silicon Valley but from 'third-space moonshots' that combine a…
JPMorgan strategists raised their year-end S&P 500 target to 8,000 points, citing strong corporate earnings and signs that AI spending is paying off. The team, led by Dubravko Lakos-Bujas, lifted the …