Nvidia, OpenAI, and SB Energy are partnering to build an 8-gigawatt data center campus in Ohio, with Nvidia providing over $105 billion in financing and making a $1.5 billion investment in SB Energy. …
Smack Technologies, a defense-technology startup building AI decision-making tools for the military, is raising a $61 million Series B funding round to speed production of its flagship product Omega a…
Bitcoin miner HIVE Digital Technologies signed a $350 million AI cloud services agreement with an unnamed enterprise customer, marking a significant pivot toward AI infrastructure. The deal was announ…
Alibaba Group Holding Ltd. sold its Lingxi Games unit for over $1.5 billion, according to Yahoo Finance's Julie Hyman, as the Chinese tech giant sharpens its focus on artificial intelligence. The sale…
The U.S. Justice Department is conducting an antitrust probe into venture capital firm Andreessen Horowitz over whether its partners improperly serve on the boards of competing AI companies, including…
Billionaire investors Stanley Druckenmiller and Brad Gerstner both sold their stakes in Broadcom (AVGO) and instead purchased shares of an unnamed AI stock, according to recent 13F filings. The moves …
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…
Zacks Investment Research stock strategist Ethan Feller analyzed whether memory chipmakers like Micron Technology (MU) and Sandisk (SNDK) or AI hyperscalers offer better investment opportunities, as b…
A Yahoo Finance report finds that consumer opposition to AI data centers is growing, with critics calling it a 'hot Luddite summer' as communities push back against the infrastructure's energy and wat…
Stocks diverged at the open on Monday, with the Dow Jones Industrial Average and S&P 500 slipping while the tech-heavy Nasdaq Composite wavered, as a large revenue haul by AI startup Anthropic helped …
KeyBanc analyst Michael Leshock said SpaceX will need to raise about $325 billion over the next 18-24 months to fund AI compute capacity buildouts, with cumulative capital expenditures potentially rea…
Anthropic's preliminary quarterly revenue surged 14-fold to $11.5 billion from $787 million a year ago, according to Bloomberg, as the AI lab prepares for an IPO in September or October with investors…
Groq has raised $350 million in funding at a $3.5 billion valuation, roughly half its $6.9 billion valuation from last September, after Nvidia Corp. struck a licensing deal with the startup and hired …
Micron Technology Inc. (MU) shares crossed the $1,000 level in premarket trading on Monday, marking the first time since July 6, and are up 240% year to date. The rally is driven by strong demand for …
President Donald Trump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers AI models from Chinese companies flagged by the U.S. administration for national sec…
Two rival AI industry super PACs, Leading the Future and Public First Action, have each spent more than $2 million on ads backing U.S. Representative Byron Donalds in Florida's Republican gubernatoria…
Investment-grade companies have sold nearly $1.5 trillion of bonds this year, a 36% jump from a year earlier, driven by a borrowing binge for artificial intelligence that is pushing up Treasury yields…
Nestle is using artificial intelligence and nutritional science to develop products for the millions of Americans taking GLP-1 weight-loss drugs such as Ozempic and Wegovy, aiming to turn the rise of …
BlueScope Steel Ltd.'s underlying net profit more than doubled to A$851.2 million ($604 million) in the year through June 30, driven partly by a boom in data-center construction that lifted North Amer…
NVIDIA announced a $3 billion investment in the infrastructure powering artificial intelligence, marking one of the largest corporate bets on AI compute. The funding targets data centers and chip manu…