Wintermute Trading Ltd. plans to invest about $1 billion in high-frequency trading and AI data center infrastructure over the next five years to diversify into traditional markets, according to Founde…
Founder-led companies significantly outperform the market, according to data discussed by Kenny Polcari, Jared Blikre, and Michael Monaghan on Yahoo Finance. The panel highlighted overlooked opportuni…
Hon Hai Precision Industry Co. reported a 35% increase in net income to NT$60 billion ($1.9 billion) for the quarter ended in June, beating the average analyst estimate of NT$58.4 billion, signaling r…
Cognition AI Inc. is in early talks with investors for a new funding round that could boost its valuation by more than 50% to at least $40 billion, according to people familiar with the matter. The co…
Tencent Holdings Ltd. and JD.com Inc. report earnings this week, testing whether China's rotation from AI infrastructure stocks into internet platforms can continue. JD.com is expected to post an 18% …
Ryanair announced a five-year partnership with Google Cloud to deploy Gemini AI tools and DeepMind models across its operations, aiming to support its goal of carrying 300 million passengers annually …
SK Hynix Inc. and Samsung Electronics Co. are turning to shareholder returns as memory-chip pricing gains slow, with SK Hynix set to unveil details in the third quarter and Samsung expected to follow,…
Accel, a global venture capital firm with offices in Silicon Valley, London and Bangalore, India, has raised $3.5 billion in new funds for early-stage investments, including $1.35 billion for a global…
Super Micro Computer Inc. (SMCI) shares jumped after the company reported upbeat results and an optimistic outlook, driven by strong demand for AI infrastructure. Yahoo Finance Tech Editor Dan Howley …
Nvidia Corp. CEO Jensen Huang announced that six major investment firms, including BlackRock Inc. and Goldman Sachs Group Inc., are lining up more than $500 billion to help fund the AI build-out, a mo…
Quantinuum and Oracle announced a multi-year partnership to bring quantum computing to Oracle Cloud Infrastructure, giving customers access to Quantinuum's Helios quantum computer through OCI's quantu…
Yahoo Finance Senior Business Reporter Ines Ferre explained on Market Domination that 'open-weight AI' refers to models whose trained parameters are publicly released, allowing developers to fine-tune…
Google's Gemini AI assistant reached one billion monthly users faster than any other product in the company's history, according to Google. The milestone makes Gemini the company's fastest-growing pro…
SpaceXAI, Elon Musk's AI company, unveiled Grok Bot, software designed to act as a team of AI agents that can sign into apps, retain information, and share context, aiming to catch up with Anthropic P…
PNC Asset Management Group CIO Amanda Agati told Yahoo Finance that potential IPOs from AI giants Anthropic and OpenAI could matter for the broader equity market rally, with timing being a key factor …
Anthropic signed a $9.1 billion deal with bitcoin mining company Riot Platforms, as reported by Yahoo Finance. The deal was highlighted in a video segment of "The Daily Wolf with Scott Melker," which …
Intel Corp.'s stock rally has reduced the cost of its planned $20 billion common stock issuance, saving the chipmaker millions as it funds its artificial intelligence comeback. Yahoo Finance Markets &…
Realtor.com chief economist Danielle Hale told Yahoo Finance that homebuyers' concerns about AI data centers 'don't seem to be founded,' discussing the housing market's resilience amid data center gro…
Nvidia is developing a new open-source AI model family, Nemotron 4, aiming to rival top open-source models globally, with the largest model expected to have at least 1 trillion parameters, according t…
Nvidia is becoming the 'central bank of AI' as demand for its chips and compute surges, according to Zacks Investment Management chief market strategist Brian Mulberry and Yahoo Finance Tech Editor Da…