Advanced Micro Devices (AMD) shares fell sharply in premarket trading despite a strong second-quarter report, as investors had expected even stronger guidance amid AI optimism. AMD forecast third-quar…
Palantir CEO Alex Karp said during the company's second-quarter earnings call on Monday that frontier AI labs 'deserve to colonize your enterprise,' accusing them of absorbing enterprises' data and in…
Meta Platforms reported second-quarter profit of $15.85 billion, down 14% from a year earlier, as legal expenses and severance costs weighed on results, while revenue grew 28% to $60.8 billion. The co…
Meta Platforms gave a disappointing revenue forecast of US$61 billion to US$64 billion for the third quarter, with the mid line below the average analyst estimate of US$63.2 billion, intensifying inve…
Intel posted its strongest revenue growth in more than 15 years, with second-quarter revenue of $16.1 billion, up 25% year over year, and adjusted earnings of $0.42 per share, nearly double Wall Stree…
OpenAI's projected ad revenue by 2030 is $100 billion annually, but a new analysis from Emarketer suggests the company is on pace to undershoot that by 90%, with the entire chatbot advertising market …
OpenAI's U.S. ad revenue will fall 90% short of its five-year target, according to a new estimate from Emarketer. The research firm projects OpenAI's ad revenue this year at $2.5 billion, far below th…
OpenAI is on pace to miss its own 2030 ad revenue projection of $100 billion by 90%, according to a new analysis from marketing consulting firm Emarketer. Emarketer estimates the entire addressable ma…
OpenAI faces a lawsuit from Apple alleging theft of intellectual property and poaching of over 400 employees, an Oracle debt downgrade citing OpenAI as a key credit risk, and a price war with Chinese …
OpenAI's ChatGPT ad revenue is on pace to miss its 2030 target by 90%, according to Emarketer. OpenAI projected $2.5 billion in ad revenue this year and $100 billion by 2030, but Emarketer estimates t…
OpenAI's ad business is on pace to miss its own five-year revenue forecast by 90%, according to Emarketer. The AI lab projected $2.5 billion in ad revenue this year and $100 billion by 2030, but Emark…
Anthropic has confidentially filed for a U.S. initial public offering, setting up a high-profile test of investor appetite for generative AI amid a broader tech rally that has pushed the Nasdaq and S&…
Emarketer projects Meta will surpass Google in global digital ad revenue for the first time in 2026, with Meta reaching $243.5 billion to Google's $239.5 billion. Meta's Advantage+ AI automation and n…