Deutsche Bank is scaling generative AI tools across research and operations using Google Cloud's Vertex AI and Gemini models, reporting a 97% document processing accuracy rate, 40% faster processing, …
CoreWeave, a Nasdaq-listed AI cloud provider, expanded its partnership with Rescale, a high-performance computing platform, to give Rescale users direct access to CoreWeave's GPU-rich infrastructure, …
Google Cloud launched Gemini Enterprise for Financial Services on August 25, 2026, targeting capital markets and corporate banking with purpose-built agents, secure connectors, and a Financial Researc…
Alibaba Group Holding Ltd. co-founder Jack Ma spent over HK$600 million (approximately $76.5 million) on Hong Kong-listed shares over consecutive trading days, joining Chairman Joe Tsai and CEO Eddie …
Cisco announced a partnership with Supermicro on August 25 to integrate NVIDIA-based AI compute systems into its Secure AI Factory platform, with pre-validated systems expected to be available in Octo…
OpenAI's head of core product, Thibault Sottiaux, revealed that while 98% of OpenAI employees use its Codex tool, less than 1% of individual subscribers and only 17% of organizational subscribers enga…
Navitas Semiconductor has agreed to acquire Claros Inc. for up to approximately $232.8 million, a deal announced on August 24 that aims to create a 'grid-to-xPU' power platform for AI data centers. Th…
Raymond James upgraded Advanced Micro Devices (AMD) to Strong Buy with a price target of $641, up from $565, citing AMD's server CPU market share gains and the growth of agentic AI workloads. Analyst …
Bridgewater Associates, the world's largest hedge fund with roughly $97 billion in assets under management, sold 1.8 million shares of Nvidia in Q3 2024, a 27% reduction, while adding 364,292 AMD shar…
Nvidia Corp. is set to report fiscal Q2 2027 earnings on August 26, with analysts projecting revenue near $92 billion, roughly double the year-ago figure, as the results serve as a proxy for the AI in…
UBS's proprietary machine-learning market fragility indicator, Turbu-lens, hit 0.8 on a scale topping out at 1.0, its highest reading of 2026, signaling conditions are ripe for a severe selloff even a…
AM Intelligence, the AI infrastructure arm of India's AM Group, has ordered 9,000 Nvidia Vera Rubin NVL72 rack-scale systems for a new AI factory in Hyderabad, India, marking one of the largest known …
Raymond James upgraded Advanced Micro Devices (AMD) to Strong Buy from Outperform with a price target of $641, up from $565, citing AI datacenter momentum and projecting a 44% compound annual growth r…
Anthropic, the AI company founded by Dario and Daniela Amodei, has instructed its San Francisco-based employees to work from home, reversing its previous expectation of regular office attendance. The …
OpenAI has secured a $122 billion funding round, positioning it among the highest-valued private AI companies, as CEO Sam Altman described AI compute as 'the most expensive infrastructure project in h…
Options markets imply a 5.4% one-day move in Nvidia Corp. shares after its fiscal Q2 2027 earnings report on August 26, translating to roughly $280 billion in potential market value swing. The implied…
WikiHow filed a copyright infringement lawsuit against OpenAI on August 21, 2026, in the US District Court for the Southern District of New York, claiming the AI company scraped more than 11,000 instr…
Stripe reported that cross-border payment volume in Asia grew more than 30% in 2023, and the number of Asian businesses processing over $1 million on its platform rose 28% year-on-year, as the company…
Google DeepMind, with researchers from the University of Texas at Austin, published a paper (arXiv:2608.17981) introducing 'recirculation,' an inference-time technique that feeds deep-layer activation…
Hugging Face's annualized revenue run rate surpassed $150 million after a 50% increase in two months, driven by demand for paid compute, storage, and subscriptions, according to Salesforce Ventures. T…