Waymo, the autonomous rideshare operator owned by Alphabet Inc., has begun building its own AI chips to better optimize sensor data, according to Bloomberg. The move aims to bring more of the company'…
Anthropic is preparing to publicly file IPO paperwork as early as the end of this month, aiming to match or surpass SpaceX's record-setting $75 billion June IPO, according to Bloomberg. The AI startup…
Anthropic PBC expects to match or beat the $86.2 billion record IPO size set by SpaceX, according to people familiar with the matter, as the AI firm prepares to file publicly as soon as the end of thi…
Mastercard CEO Michael Miebach is preparing the payments giant for a future where AI agents shop online, introducing 'Agent Pay' in April 2024 to vet and tokenize transactions made by AI agents. The c…
Micron Technology announced on Thursday it will spend $10 billion over the next decade on a new research lab in Boise, Idaho, to advance memory technologies and support future chip manufacturing. The …
CIBC has appointed veteran tech executive Prasanna Gopalakrishnan to its board of directors, effective Sept. 1. Board chair Kate Stevenson cited Gopalakrishnan's decades of experience in financial ser…
FORT Robotics, a company focused on physical AI safety with customers including Google DeepMind and DoorDash, is going public via a SPAC. Founder and CEO Sam Reeves discussed the technology and the co…
Airbnb Inc. (ABNB) stock is trading near a 52-week high at $183, up 35% year to date, after the company reported strong second-quarter 2026 results with revenue climbing 17% to $3.6 billion and adjust…
Massachusetts lawmakers are advancing a bill that would require leading AI labs to undergo independent reviews of catastrophic risks every 120 days, a first for a US state, drawing a split between Ant…
Alibaba Group Holding Ltd.'s net income plunged more than 75% to 10.5 billion yuan ($1.6 billion) in the latest quarter, despite a 9% revenue jump, as the company ramped up AI spending and faced a Chi…
Crypto, AI and online betting firms have driven U.S. corporate spending on the 2026 midterm elections to a record $517 million in the 15 months through the first quarter, surpassing the $461 million s…
Mastercard CEO Michael Miebach said AI-powered bots may soon be spending money on behalf of consumers, as the company prepares for agentic commerce and rolls out secure 'Agent Pay' to enable such tran…
China's Star 50 Index, dominated by information technology firms, has become the key gauge for the country's equity market amid the AI boom, outperforming the CSI 300 Index by about 30% this year. The…
Alibaba Group Holding Ltd. shares surged 36% in Hong Kong this quarter, topping the Hang Seng Tech Index, on bets it can beat rivals in the AI market ahead of its results due Thursday. The company is …
Dr. Ezekiel Emanuel, former advisor to President Obama and member of the Biden-Harris Transition COVID-19 Advisory Board, said in a discussion about his JAMA article that trained AI will become a pivo…
OpenAI reported Q2 revenue of $6.7 billion, up 18% from the prior quarter, but the growth disappointed investors, according to Yahoo Finance Tech Editor Dan Howley, who noted that rival Anthropic is p…
SpaceX approached artificial intelligence coding startup Cognition AI Inc. about a potential acquisition, though talks are not currently active, according to people familiar with the matter. Cognition…
The Treasury Department, led by Secretary Scott Bessent, announced on Wednesday that it will at least double its buybacks of 10-year, 20-year, and 30-year Treasury bonds starting Sept. 9 through Nov. …
Goldman Sachs reports that AI usage by companies increased the US unemployment rate by 0.1%, citing 'visible but narrow AI-related labor market impacts in the US' while noting limited evidence in othe…
Bank of America says Nvidia Corp. could be undervalued by up to 50% relative to peers ahead of its August 26 earnings report, with analyst Vivek Arya maintaining a $350 price target. The assessment wa…