Volta Infra Holdings Ltd., a new AI cloud company founded by former Brookfield Asset Management executives Ricard Boada and Sofia Gumuzio, has raised $300 million in venture funding at a $2.4 billion …
China is growing anxious that Anthropic PBC's Mythos AI model could be used as an offensive cyber weapon, adding a volatile issue to tensions before a planned Sept. 24 summit between Xi Jinping and Do…
Olix Computing Ltd., a London-based artificial intelligence hardware startup, announced it raised $312 million in a Series C round backed by Arm Holding plc and Netflix Inc. co-founder Reed Hastings, …
Apple Inc. shares plunged nearly 10 percent on Friday, erasing almost $500 billion in market value after the company issued a disappointing revenue growth forecast of 9 to 11 percent for the current q…
Microsoft Corp. expanded its artificial intelligence partnership with Nvidia Corp., boosting the RTX Spark AI superchip platform for Windows devices, which delivers up to 1 petaflop of AI performance.…
China's DeepSeek is planning a massive AI data center in Ulanqab, Inner Mongolia, aiming to add one gigawatt of compute capacity, according to people familiar with the matter. The Hangzhou-based start…
Apple Inc. shares fell nearly 10% on Friday after the company warned of significant supply chain shortages, erasing nearly $500 billion in market value and potentially ceding the title of world's most…
South Korea's Kospi surged 17.9% on July 31, 2026, its largest single-day gain in history, after Microsoft Corp. reported Q4 FY2026 revenue of $90.01 billion and earnings per share of $4.74, with Azur…
Nvidia Corp. is accelerating AI investments with new deals worth over $750 billion, including a $500 billion partnership with South Korea's SK Group and talks to finance up to $250 billion for OpenAI'…
Nscale Global Holdings Ltd. agreed to acquire Anyscale Inc., a provider of AI infrastructure optimization software, for a reported $1.65 billion, according to Bloomberg. The deal, expected to close by…
Amazon.com Inc. reported second-quarter earnings of $5.75 per share, crushing the $1.82 forecast, on revenue of $200.61 billion, up 20% year-over-year, driven by surging cloud growth and AI demand. Am…
Microsoft Corp. is on track to record the largest one-day increase in market value for any stock in history, with shares soaring as much as 17% and adding $490 billion to its market capitalization. Th…
The cost of protecting tech firms' debt against default is surging as Wall Street picks winners and losers in the AI race, with Oracle Corp.'s credit-default swaps reaching a multi-year high of 215 ba…
AI server maker Quanta Computer Inc. is seeking to raise up to $2.19 billion from a sale of global depositary shares, in what would be the largest Taiwanese stock offering in 19 years. The Nvidia Corp…
Moonshot AI, a Beijing-based startup, secured a $35 billion valuation after raising $3.5 billion in a funding round, far exceeding its initial $1-2 billion target, driven by the success of its Kimi K3…
SK Hynix Inc. reported a 557% rise in quarterly operating profit to 60.5 trillion won ($42 billion), missing analysts' average estimate of 64.2 trillion won and fueling fears that the AI-driven semico…
Anthropic PBC and Nvidia Corp. are opposing blanket bans on open-weight AI models, urging U.S. regulators to focus on specific risks such as controlling AI chip exports, preventing industrial-scale di…
Fish Audio, an artificial intelligence startup officially known as Hanabi AI Inc., has raised $52 million in seed funding led by Coreline Ventures and Capital Today to establish voice as the default i…
Nvidia Corp. is backing a $50bn lease on a Texas data centre that will use its chips, deploying its balance sheet to support the growth of the AI computing market, according to the Financial Times. CE…
Safe Superintelligence Inc. (SSI), the AI startup founded by former OpenAI chief scientist Ilya Sutskever, has struck a deal with Nvidia Corp. that gives it access to Nvidia's Vera Rubin graphics proc…