Investors are increasingly concerned about roughly $70 billion in off-balance-sheet liabilities tied to AI companies, which could materialize during a downturn, according to Bloomberg. Nvidia Corp.'s …
A new wave of AI-generated wealth is poised to enter philanthropy, but the current giving infrastructure, particularly donor-advised funds (DAFs), is failing to translate intentions into action, accor…
Hut 8 CEO Asher Genoot said AI compute is 'critical infrastructure' akin to railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online.…
Reddit Inc. (RDDT) is set to join the S&P 500 next week, prompting a double-digit stock surge, but the company still derives over 90% of its revenue from advertising and faces an internal debate over …
Alibaba Group Holding's open-weight Qwen models surpassed 3 billion global downloads in the past six months, making it the world's most-downloaded AI model family, according to a Hugging Face Inc. rep…
Anthropic PBC reported preliminary second-quarter revenue of more than $11.5 billion, a 14-fold increase from $787 million in the same period a year earlier, according to documents seen by Bloomberg N…
Clear Street Managing Director Owen Lau compared Databricks to Android as an open-source alternative to Snowflake, highlighting margin pressures and ROI debates around Databricks' serverless AI model …
OpenAI revenue chief Denise Dresser announced her departure on Thursday, joining a wave of senior leaders who have left the company since January 2024. PitchBook data shows 25 executives have departed…
Nvidia Corp. CEO Jensen Huang announced a $500 billion initiative with Goldman Sachs Group Inc., Blackstone Inc., Apollo Global Management Inc., KKR & Co., BlackRock Inc., and Brookfield to finance AI…
Yahoo Finance Markets and Data Editor Jared Blikre reported that AI demand and adoption are fueling a travel booking stock boom, with shares of Trivago (TRVG), Airbnb (ABNB), Expedia (EXPE), Delta Air…
SanDisk shares jumped 5% after the company announced multi-year hyperscaler contracts, signaling a shift away from volatile memory cycles, as Yahoo Finance's Julie Hyman analyzed via Yahoo Finance's A…
Hut 8 CEO Asher Genoot told Yahoo Finance that space data centers are still a ways away, as the company focuses on cutting data center delivery times in half to unlock a $1.75 billion annual EBITDA pi…
OpenAI appointed Dali Rajic as Chief Revenue Officer, less than a year after Denise Dresser took the role, amid ongoing C-suite turnover. The company projects an annual revenue run rate of $40 billion…
Goldman Sachs estimates global AI data center investment will reach $1 trillion in 2026, JPMorgan forecasts $697 billion in the US, and Bank of America sees a path toward ~$1.2 trillion by 2027, but a…
Vancouver-based EarthDaily Analytics Corp. has secured a $2.23-million contract with Defence Research and Development Canada (DRDC) to lead research for a space-based border monitoring project, aiming…
Spear Invest founder and chief investment officer Ivana Delevska identifies Cloudflare and three AI sub-sectors as the most promising areas for tech investors, according to a Yahoo Finance interview. …
Workday shares surged 17.8% after reports that private equity firm Silver Lake held preliminary talks to acquire the enterprise software company, a deal that would be among the largest private equity …
Republican Senator Jim Banks urged the Trump administration to develop incentives for U.S. tech companies to build open-weight AI models, warning that Chinese open-weight models could be weaponized ag…
The next AI winners may be travel companies using AI to cut costs and boost productivity, not just chipmakers like Nvidia or Micron, according to a Yahoo Finance analysis. Airbnb reports that nearly 4…
Reddit Inc. (RDDT) will be added to the S&P 500 index before trading begins on Aug. 18, according to S&P Dow Jones Indices, sending shares up more than 12% in pre-market trading. The platform, which r…