OpenAI has hired Dali Rajic, president and chief operating officer of Alphabet Inc.-owned cybersecurity firm Wiz, as its new chief revenue officer, succeeding Denise Dresser, who will leave after a tr…
Advanced Micro Devices Inc. plans to raise as much as $5 billion in what could be its biggest-ever investment-grade bond sale, according to people familiar with the matter. The chipmaker is selling no…
Google raised prices on its Pixel 11 family of smartphones by $100 per device, citing the memory shortage driven by AI demand. The Pixel 11 and 11 Pro now start with 256GB of storage, double the Pixel…
CoreWeave, Nebius, and Supermicro reported strong quarterly results on Tuesday, sending their shares up as much as 27% on Wednesday and easing AI bubble fears. Nebius revenue surged 454% year-over-yea…
Cisco Systems Inc. CFO Mark Patterson told Yahoo Finance that the company expects FY2027 AI infrastructure revenue to reach $7.5 billion, citing accelerating demand for AI infrastructure. The updated …
Robinhood co-founder Baiju Bhatt, now CEO of space technology firm Cowboy Space Corporation, said on the Power Players with Brian Sozzi podcast that AI data centers should be built in space to avoid s…
Defiance ETFs CIO Sylvia Jablonski and Yahoo Finance Senior Business Reporter Ines Ferre discussed Nvidia's circular financing and the cyclical nature of the semiconductor industry, questioning whethe…
JPMorgan analyst Samik Chatterjee raised his price target on Microsoft (MSFT) to $625 from $550, implying about 30% upside, citing accelerated growth in Azure and M365 Commercial Cloud driven by AI in…
Cerebras Systems (CBRS) stock plunged 17% in premarket trading on Thursday after the AI chipmaker swung to a Q2 loss of $2.98 per share from a profit of $1.91 per share a year earlier, with Q3 core gr…
Chinese artificial intelligence startup DeepSeek on Thursday formally released its official V4 Pro model, aiming to regain ground against fast-moving domestic rivals as it expands hiring, computing ca…
DeepSeek is raising prices for its flagship V4 models by more than four times, with new peak-hour pricing taking effect Aug. 16. The Hangzhou-based AI lab will charge $1.32 per 1 million output tokens…
Investors are rotating into bank stocks as AI high-flyers weaken, making the KBW Bank Index the S&P 500's second-biggest gainer over the past three months and on track to beat the broader gauge for a …
Robinhood co-founder Baiju Bhatt told Yahoo Finance Executive Editor Brian Sozzi that AI data centers should be launched into space to bypass years of terrestrial development delays, arguing Earth's e…
Microsoft has shut at least 15 branch offices and joint ventures in China over the past five years and considered exiting the market in 2023, but decided to stay due to profitable business with Chines…
Court documents released in a media consortium's challenge reveal that RCMP initially believed there were two shooters in the Feb. 10 Tumbler Ridge, B.C., mass shooting because different names for the…
Robinhood co-founder Baiju Bhatt told Yahoo Finance Executive Editor Brian Sozzi that his $275 million plan for Cowboy Space Corporation aims to build its own rockets and launch AI-powering data cente…
Payments firm Adyen said the rise of AI chatbots handling consumer shopping is pushing merchants to protect direct customer relationships and loyalty, with one merchant generating 70% of its volume th…
Global shares mostly rose on Thursday, led by gains in AI-related stocks, with South Korea's Kospi jumping 3.6% and Japan's Nikkei 225 advancing 1.2%, after several AI companies reported better-than-e…
Asian shares mostly rose in early Thursday trading, with Japan's Nikkei 225 jumping 1.6% to 68,609.92 and South Korea's Kospi surging 3.9% to 6,835.55, after Wall Street finished just shy of a record …
Anthropic PBC is in talks to acquire AI startup Decart AI for about $6 billion, according to people familiar with the matter. If finalized, it would be Anthropic's largest known acquisition ahead of i…