Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is in talks to raise as much as $3 billion at a valuation of up to $12 billion or more, a round that could set the stage for an init…
Outer Biosciences is using human skin discarded after surgery for AI testing to develop customized skincare products, according to the company.…
Bond traders have increased credit risk measures for Broadcom Inc. as it backstops mega AI financing packages, with yields on its 5.15% bonds due 2031 rising about 14 basis points in August and five-y…
Anthropic, the AI lab led by CEO Dario Amodei, asks job applicants how they would react if safety trade-offs hurt the company's revenue or stock, according to Axios. The question is designed to ensure…
The UK became the first foreign nation to access Ukraine's battlefield data under an 'AI Partnership' agreement signed in Kyiv on Monday by Ukrainian President Volodymyr Zelenskyy and UK Prime Ministe…
WildBrain Ltd. has acquired Personality AI, the company behind an interactive Peppa Pig developed with Hasbro, for US$11 million in cash and one million WildBrain shares, with potential additional pay…
Yahoo Finance Executive Editor Brian Sozzi and B. Riley Wealth chief market strategist Art Hogan discussed how investors should approach Nvidia's (NVDA) upcoming earnings report on Wednesday, highligh…
Nvidia is set to release its second quarter earnings on Wednesday, August 26, with Wall Street expecting revenue of $92 billion, but analysts say even strong results may not be enough to impress inves…
Nvidia Corp. is set to report its second quarter earnings after the market close on Wednesday, with analysts expecting adjusted EPS of $2.09 on revenue of $92 billion, a 96% year-over-year increase. M…
RUM Group, which hosts U.S. President Donald Trump's Truth Social platform, announced on Monday a $13.7 billion contract to supply AI chips to an unnamed U.S.-based cloud customer, sending its shares …
Descartes Systems Group, a logistics and supply chain software company, has acquired Tai Software for about US$100 million. Tai, based in California, provides AI-powered transportation management serv…
Nvidia Corp. shares have fallen in response to earnings in six of the past eight quarters, including the last four, according to Yahoo Finance AlphaSpace analysis, as the market braces for the company…
Xpeng Inc.'s robot unit Dogotix plans to raise $900 million from investors including Alibaba Group Holding Ltd., Tencent Holdings Ltd., IDG Capital, and Gaorong Ventures, valuing Dogotix at over $6 bi…
Alibaba Group Holding Ltd. launched its latest AI video generation model Wan3.0 on Monday, capable of generating 30-second videos from documents, spreadsheets, slides, and web pages, following a $10 b…
Chinese technology stocks fell on Monday as Alibaba Group Holding Ltd. raised HK$80 billion ($10.2 billion) in Hong Kong's biggest secondary share sale, and Yangtze Memory Technologies Co. filed for a…
Alibaba Group Holding Ltd. shares fell 8% in early Hong Kong trade on Monday after the company finalized a HK$80 billion ($10.21 billion) share placement at HK$112.70 per share, pricing 710 million ne…
Michael Burry, founder of Scion Capital Management, said he sold his position in Alibaba Group Holding Ltd., calling the shares overvalued, and disclosed plans to build a 'large' position in JD.com In…
Nvidia is set to report its second quarter earnings, with analysts expecting adjusted EPS of $2.09 on revenue of $92 billion, a 96% year-over-year increase. The results come amid broader chip stock vo…
Nvidia (NVDA) will report earnings on Wednesday, testing the resurgent AI trade after a week in which the S&P 500 fell 1.4%, the Dow lost 0.9%, and the Nasdaq shed 2%. The company faces high expectati…
Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10.2 billion) from a share sale of 710 million shares at HK$112.7 each, a 3.6% discount to Friday's close, to fund its AI expansion…