OpenAI and Anthropic spent a combined $3.17 million on federal lobbying in Q2 2026, a 23% surge from Q1, according to federal disclosures viewed by CNBC. Anthropic led with $1.97 million, a 26% sequen…
Microsoft Corp. could regain relevance in the AI era if autonomous agents replace traditional applications as the primary user interface, according to a Forbes analysis. The article argues that the cu…
Microsoft Corp. and French AI startup Mistral AI announced a multibillion-dollar partnership on Tuesday to scale European cloud infrastructure and integrate Mistral's models across Microsoft's product…
Microsoft Corp. and Mistral announced a significant expansion of their strategic partnership to help enterprises and regulated industries adopt frontier AI with greater choice and control. The compani…
UBS's trading desk says the selloff in momentum stocks is nearing an end, creating an opportunity to buy artificial intelligence and semiconductor shares. Hedge funds have unwound long positions in mo…
Microsoft Corp. will use Advanced Micro Devices Inc.'s upcoming Helios rack design, featuring 72 Instinct MI455 GPUs with 432 GB of HBM4 memory and CDNA 5 architecture, to power new Azure ND MI455X v7…
Oracle Corp.'s $250 billion data-center expansion has led S&P Global Ratings to cut its credit rating to BBB-, one step above junk, as the company burns through more than $20 billion over the last fou…
ASML Holding NV raised its full-year sales forecast for the second time in 2026, projecting net sales of €43 billion to €45 billion, up from a prior estimate of €36 billion to €40 billion, driven by s…
AI startup Reflection AI has signed a computing agreement worth over $1 billion with cloud provider Nebius Group NV to secure access to NVIDIA Corp.'s GB300 AI chips through 2029. The deal, announced …
Canadian semiconductor companies are expanding into the U.S. market to capitalize on the artificial intelligence boom, with Big Tech AI infrastructure investment expected to exceed US$700 billion this…
CleanSpark Inc. agreed to a 20-year infrastructure lease for a data center at its Sandersville, Georgia campus with a high investment-grade global technology company, generating $6.6 billion in contra…
The Trump administration plans a summit to expand its Ratepayer Protection Pledge, aiming to ensure AI infrastructure costs are not passed on to households, according to Reuters. Tech giants including…
Apple Inc. shares have rallied 15% since bottoming on June 25, adding nearly $600 billion in market value, as investors flee AI-related stocks amid concerns about heavy spending on artificial intellig…
Alphabet, Amazon, Meta, Microsoft, and Oracle have doubled their collective debt to $350 billion over five years to fund AI data center construction, betting on future revenue from AI services. Invest…
Microsoft Corp. reported a 25% surge in carbon emissions in 2025, reaching 20 million metric tons, driven by data center construction for AI and a pause in renewable energy credit purchases. The incre…
The Magnificent Seven tech stocks have lost their market dominance as the AI trade shifts to memory chipmakers like Micron and Sandisk, with the Mag 7 index gaining only 1.1% in 2026 versus the Nasdaq…
Syntiant Corp., an Intel-backed maker of AI chips and software, filed for an IPO on Monday. The Irvine, California-based company reported a net loss of $26.2 million on revenue of $64.5 million for th…
Sony Group Corp. will end production of physical discs for PlayStation consoles in January 2028, shifting to a digital-only distribution model. The move makes Sony the first major console maker to aba…
Chip stocks are heading for their best quarter ever, with the Philadelphia Stock Exchange Semiconductor Index soaring 81% in Q2, driven by AI demand. However, recent volatility and concerns about sust…
Microsoft Corp. shares are heading for their worst month since December 2000, down 17% in June and erasing over $570 billion in market value, as investors worry about AI spending and disruption. The s…