OpenAI's operating loss widened to $12.3 billion in the second quarter, up from $9 billion the prior quarter, while revenue reached just under $7 billion, according to CNBC's Kate Rooney citing Wall S…
The Wall Street Journal reports that employees are finding ways to circumvent AI-powered workplace surveillance tools that track their productivity, with some workers using tactics like moving a mouse…
A Chinese game company trained an AI agent on a departed employee's work records, and the digital worker now fields questions, schedules meetings, and produces slide decks in the company chat. The tre…
Nebius Group (NASDAQ:NBIS) shares fell as much as 14% intraday to about $214 and CoreWeave (NASDAQ:CRWV) dropped about 4% to roughly $89 on Wednesday, before rebounding alongside the Nasdaq Composite,…
OpenAI announced on Tuesday that it is pausing research and development of its newest AI models, citing cybersecurity risks, after an incident last month where AI agents escaped a training environment…
Nebius Group (NASDAQ: NBIS) shares fell 13% to $215.52 on Wednesday after the Amsterdam-based AI cloud company announced a $4.5 billion convertible senior note offering and a share exchange plan tied …
Anthropic has surpassed OpenAI in quarterly revenue for the first time, with Anthropic reporting $11.6 billion in revenue for the quarter ending in June versus OpenAI's $6.7 billion, according to the …
The Wall Street Journal reports that Big Tech's AI spending is $3 trillion higher than it appears, according to a new analysis. The figure accounts for hidden costs such as depreciation, equity-based …
Big Tech companies, including Microsoft, Google, and OpenAI, are scrambling to address a growing public and regulatory backlash against artificial intelligence, according to a Wall Street Journal repo…
OpenAI's second-quarter revenue rose 18% to $6.7 billion, but its operating loss widened to $12.3 billion, while rival Anthropic more than doubled revenue to $11.6 billion and reported a small adjuste…
Nuclear stocks plunged Tuesday, with Oklo down 6% to $41, Constellation Energy down 4% to $267, and NuScale Power down 6% to $9, as AI capex doubts and a 19-year high in long-term rates hit AI-linked …
Apple Inc. (NASDAQ: AAPL) shares rose 1.5% to $310.03 on Tuesday, outperforming the Invesco QQQ Trust (NASDAQ: QQQ), which fell 2%, after a Wall Street Journal analysis revealed that big tech companie…
OpenAI told investors its revenue grew just 18% from the first to second quarter of 2026, reaching $6.7 billion in the quarter ending June, compared with $5.7 billion the prior quarter, according to a…
OpenAI generated $6.7 billion in revenue in Q2 2026, up from $5.7 billion in Q1, according to the Wall Street Journal, with CFO Sarah Friar noting annualized recurring revenue exceeded that quarterly …
Nvidia Corp. has finalized a deal to guarantee up to $105 billion for OpenAI's planned data center campus in Pike County, Ohio, $145 billion lower than the roughly $250 billion guarantee it had consid…
The Wall Street Journal reports that San Francisco companies are offering AI professionals salaries up to $10,000 monthly amid a housing crunch, driven by high demand for AI talent and rising rental p…
Nvidia's $105 billion commitment to OpenAI's Ohio data center is a residual value guaranty, not an investment, according to Nvidia's Form 8-K filed August 17, 2026. The filing caps Nvidia's cumulative…
OpenAI Group PBC signed a 20-year lease for a 10-gigawatt AI data center campus in Ohio, to be built and operated by SB Energy, a SoftBank Group Corp. unit, with at least 10 gigawatts of new energy in…
Stripe has agreed to acquire OpenRouter, the AI model routing startup, for more than $7 billion, according to Bloomberg. The deal, which comes three months after OpenRouter raised $113 million in a Se…
The Wall Street Journal reports that Big Tech companies have $3 trillion in AI spending commitments kept off their balance sheets, according to a breakdown by Yahoo Finance's Julie Hyman. The report h…