Anthropic PBC is seeking to meet with investors ahead of a potential mega-IPO, with banks scheduling meetings in the coming weeks for the Claude chatbot maker, which is considering an IPO as soon as O…
Morgan Stanley reported blowout second-quarter earnings with record revenue, driven in part by AI-related activities, but questions remain about the sustainability of this revenue stream, according to…
Apple is in early talks with PrismML, a startup that compresses large AI models to run on a phone, as the company seeks to run more of Siri's work locally. PrismML CEO Babak Hassibi told CNBC that App…
Morgan Stanley reported record net income of $5.58 billion, or $3.46 per share, and record revenue of $21.35 billion in the second quarter, driven by an AI-fueled surge in trading and dealmaking. The …
Apple Inc. is in early talks with PrismML, a Khosla Ventures-backed startup spun out of Caltech, to use its compression technology that shrinks AI models from 54 GB to under 4 GB, enabling all 27 bill…
Community resistance is bottlenecking data center growth, threatening AI infrastructure expansion, Morgan Stanley warns. In 2026, numerous communities have enacted moratoriums, including New York's st…
Goldman Sachs CEO David Solomon said Wall Street is in the middle of an AI capex 'super cycle' that is driving elevated levels of strategic activity, financing, and capital formation across markets, a…
AI-related debt has surged 99% over the past year to $1.2 trillion, now making up 14% of the investment-grade market, driven by hyperscalers like Amazon, Alphabet, Meta, Microsoft, and Oracle issuing …
Meta and Amazon are leading a $725 billion capital expenditure surge among Big Tech companies for 2026, up from $410 billion in 2025, driven by AI infrastructure costs. Morgan Stanley projects total U…
Morgan Stanley has raised its capital expenditure estimates for Amazon and Meta, citing rising AI costs. The investment bank now expects Amazon to spend $75 billion and Meta $45 billion on capex in 20…
Alphabet CEO Sundar Pichai announced on April 29 that Google will sell its Tensor Processing Units directly to external customers, targeting Nvidia's key relationships. Google plans to ship 4.3 millio…
Morgan Stanley analyst Sean Diffley said AI will be key for the combined Paramount Skydance and Warner Bros. Discovery to extract value from their $111 billion merger, estimating 20% to 40% cost savin…
Morgan Stanley and Goldman Sachs warn that AI chip revenue forecasts for 2026 and 2027 have outpaced realistic capacity and demand trajectories, with sustained annual growth exceeding 30% seen as unsu…
Conservative commentator Ben Shapiro publicly asked Elon Musk to build an eight-seat Tesla minivan or SUV, arguing that the current lineup cannot accommodate his family of seven after Tesla ended prod…
SpaceX shares fell 12% last week and are down 36% from their peak despite joining the Nasdaq 100 under new fast-track listing rules and receiving nearly unanimous 'buy' ratings from Wall Street analys…
Taiwan Semiconductor Manufacturing Co. reported June revenue jumped 68% year over year, reaching NT$1.27 trillion ($39.6 billion) for the second quarter, matching analyst estimates and signaling susta…
Elon Musk abruptly postponed a live CNBC interview minutes before airtime, where he was expected to discuss SpaceX's market debut, Tesla, and his AI model Grok. The cancellation comes as SpaceX shares…
Morgan Stanley analyst Sean Diffley said the Paramount–Warner Bros. merger could make HBO Max a staple in streaming, potentially rivaling Netflix, as he discussed AI's impact on the creative process a…
South Korea's FuriosaAI has deployed its Renegade inference chips at Equinix's LS2 data center in Lisbon, marking the company's first commercial rollout in Europe. The chip, built on a 5-nanometer Ten…
SK Hynix raised $26.5 billion in the largest foreign listing on Wall Street, with shares jumping 13% on Nasdaq debut. Chairman Chey Tae-won said the memory chip shortage will persist beyond 2030, driv…