At least 10 power infrastructure and clean technology companies have gone public in 2026, raising $11.6 billion, as investors bet on solutions to AI's growing energy demands. The IPO surge is fueled b…
AI startup Legion sued the U.S. government after a federal directive forced Anthropic to block foreign nationals from accessing its advanced AI models, causing immediate harm to Legion's operations. T…
Micron Technology Inc.'s earnings report on Wednesday is critical as investors question the sustainability of the AI rally. The memory-chip maker's shares have surged 270% this year, but concerns grew…
OpenAI and Broadcom unveiled their first custom AI chip, Jalapeno, which shows cost savings of roughly 50% compared to typical AI GPUs. The chip is being tested and will be integrated into data center…
Big Tech stock buybacks have nearly vanished as Alphabet, Microsoft, Meta, and Amazon prioritize massive AI spending, with only Microsoft buying back shares in Q1 at the lowest level in nearly a decad…
SpaceX shares surged for a third consecutive day, pushing its market value to $2.8 trillion and briefly overtaking Amazon to become the world's fourth-largest stock. The rally was driven by limited pu…
A short squeeze in SpaceX perpetual futures briefly sent the company's implied valuation to $3 trillion on blockchain-based markets, surpassing Amazon and Microsoft. The squeeze liquidated over $50 mi…
OpenAI would likely have imploded if Sam Altman had not returned as CEO after his brief ouster in 2023, former Chief Technology Officer Mira Murati said at the Bloomberg Tech conference in San Francis…
Netflix Inc. is deploying generative AI and natural language processing to help subscribers navigate content overload, Chief Product and Technology Officer Elizabeth Stone announced Wednesday at the B…
Adobe Inc. is considering internal executives David Wadhwani and Anil Chakravarthy as leading candidates to replace outgoing CEO Shantanu Narayen, while also hiring Heidrick & Struggles to search for …