Alphabet posted its first cash burn on record, a $5.9 billion outflow in the second quarter of 2026, sending its stock down 5% as AI spending soars. The Google parent's aggressive AI buildout now cons…
Databricks Inc. and Microsoft Corp. have extended their strategic partnership into the 2030s, with Databricks increasing its use of Microsoft Azure to run core operations and analytics while adopting …
OpenAI has raised its projected infrastructure spending through 2030 to $750 billion, a 25% increase from $600 billion earlier this year, driven by cloud deals with Oracle, AWS, and Microsoft Azure to…
Amazon Web Services Inc. has extended its Security Hub to Microsoft Azure and added artificial intelligence-specific protections, positioning its security stack as the foundation for securing enterpri…
ServiceNow reported Q2 2026 revenue above Wall Street's $3.92 billion consensus, with CEO Bill McDermott citing nearly 70% year-over-year growth in multi-product Now Assist AI deals as evidence that e…
Google parent Alphabet is set to report earnings, with cloud growth expected to be a key factor that could reshape the big tech and AI landscape. Analysts are watching for signs of how Google's cloud …
OpenAI raised its cloud and compute infrastructure spending forecast to roughly $750 billion through 2030, up 25% from the $600 billion target set earlier this year, according to a July 22 Wall Street…
Manulife and Microsoft renewed and expanded their partnership under a five-year agreement announced July 22, with Manulife adopting Microsoft 365 E7 Frontier Suite, deploying Agent 365 as an enterpris…
Nvidia Corp. launched the Vera Rubin platform, a full-stack AI system with seven co-designed chips, positioning it as a CPU architecture rethought for agentic AI workloads. Nvidia says the design targ…
Nvidia confirmed Monday that its Vera Rubin platform is in full production, with OpenAI planning to deploy the system at scale in the third quarter. Ian Buck, Nvidia's vice president of accelerated co…
NVIDIA launched the Vera Rubin platform, built from chip to grid to deliver the highest performance per watt and lowest token cost, with production ramping at partners CoreWeave, Google Cloud, Microso…
AMD will host its Advancing AI 2026 summit on July 22-23 in San Francisco to showcase its MI350 series GPUs, which feature 288 GB of HBM3e memory versus Nvidia's 180 GB, as the chipmaker challenges Nv…
Oracle stock has crashed more than 50% since June 2, falling 36% year-to-date versus a 9% gain for the S&P 500, as investors question whether AI-fueled growth expectations have become too aggressive. …
A new analysis reveals that the expansion of artificial intelligence is causing severe human and environmental harm, including child labor, water depletion, toxic e-waste, deepfakes, and algorithmic b…
AMD shipped its first rack-scale AI system, Helios, on July 20, landing Microsoft Azure, Meta, OpenAI, and Oracle as customers. One rack packs 72 MI455X GPUs, 31 TB of HBM4, and 2.9 exaFLOPS of FP4 co…
Thinking Machines, the $12 billion AI startup founded by ex-OpenAI executive Mira Murati, released its first AI model Inkling with open weights for enterprise customization, testing enterprise demand …
Tiket.com has deployed CRATER, an agentic AI assistant built on Microsoft Azure and Foundry, that now handles more than 75,000 customer interactions per month, a 650% increase from 10,000 previously. …
Anthropic made Claude Sonnet 5 the default model for all Free and Pro users on June 30 at $2 per million input tokens and $10 per million output, half the price of Opus 4.8, while performing at Opus l…
Meta has hired Dave Brown, a nearly 19-year veteran of Amazon Web Services (AWS) who served as senior vice president, to lead its AI data center expansion and build Meta Compute, a potential cloud com…
Amazon Web Services posted Q1 FY2026 revenue of $37.6 billion, a 28% year-over-year increase and its fastest growth in 15 quarters, driven by surging demand for AI workloads. Amazon plans nearly $200 …