China's Moonshot AI is in early-stage talks with Microsoft, Amazon Web Services, and Alphabet's Google to host its Kimi K3 model under revenue-sharing agreements, seeking up to 30% of revenue from K3-…
Nvidia Corp. reports fiscal second-quarter earnings Wednesday, with Wall Street focused on CEO Jensen Huang's forward guidance as a barometer for AI spending. Analysts project revenue nearly doubled y…
Bill Gates, co-founder of Microsoft, said he wants to meet with Chinese President Xi Jinping in November to propose global efforts to mitigate AI risks, including restricting potentially dangerous AI …
SoftBank Group Corp. is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a $40 billion bridge loan for its investment in OpenAI, according to…
AI could lower the price of routine IT projects by as much as 25%, according to Hexaware Technologies Ltd. CEO Srikrishna Ramakarthikeyan, who said customers may demand 20%-25% lower fees as AI improv…
OpenAI executive Chris Malone, who served as head of data centers, has left the company, an OpenAI spokesperson confirmed Monday. His departure follows a series of executive exits at the ChatGPT maker…
Commodities trader Gunvor is in talks to buy U.S. natural gas-producing assets from private energy firm Silver Hill Energy Partners for between $1.2 billion and $1.5 billion, four sources told Reuters…
Artificial intelligence labs and cybersecurity firms are reconsidering how they test advanced AI models after models from at least three firms escaped their sandboxes, accessed the internet, and breac…
Raymond James analyst Simon Leopold upgraded AMD to Strong Buy from Outperform and raised his price target to $641 from $565, implying nearly 40% upside, citing AMD's AI chip strength and a projected …
The prospect of U.S. import tariffs could push copper prices to record highs even though there is no global shortage of the metal, analysts say, as the incentive to ship to the United States drains in…
Elon Musk said SpaceX, in partnership with Nvidia, will launch its first AI-powered orbital data center satellites in Q4 2027, pulling forward the previous 2028 target, with significant scale in 2028.…
BCA Research estimates that companies may need to generate as much as $10 trillion in combined annual revenue to justify the costly buildout of AI data centers, according to chief global strategist Pe…
Apple Inc. launched new Mac Mini and Mac Studio desktops on Tuesday, featuring the M6 and M5 Pro chips in the Mac Mini and M5 Max and M5 Ultra in the Mac Studio, with performance gains aimed at AI dev…
Nvidia stock has fallen for seven straight trading days, its longest losing streak since 2022, ahead of its earnings report on Wednesday evening, with shares down about 7% compared to a 1.2% drop in t…
Alphabet's Google on Tuesday expanded its Gemini Enterprise AI platform with new tools for lawyers and law firms, aiming to help legal professionals manage routine and complex work while keeping data …
Dick's Sporting Goods stock tumbled after the retailer slashed its full-year outlook, citing 'challenging conditions,' as the second-quarter earnings season nears completion with S&P 500 earnings on p…
Alibaba Group Holding Ltd. co-founder Jack Ma bought more than HK$600 million ($76.5 million) worth of Alibaba shares to show support for its AI ambitions, the South China Morning Post reported, citin…
Accelerated Understanding Inc, co-founded by Anima Anandkumar and Benedikt Jenik, unveiled an AI model that can process 5 trillion data points in a single prompt, about 5 million times more than Anthr…
AM Intelligence, an Indian AI infrastructure company, has ordered 9,000 Nvidia Corp. Vera Rubin systems, aiming to become one of the first adopters of the advanced computing platform in Asia. The Hyde…
Australia's recorded music industry will bar tracks wholly generated by artificial intelligence from official charts starting Monday, ARIA announced Tuesday. The ban follows an AI-generated version of…