Anthropic PBC reported preliminary second-quarter revenue of more than $11.5 billion, a 14-fold increase from $787 million in the same period a year earlier, according to documents seen by Bloomberg N…
Clear Street Managing Director Owen Lau compared Databricks to Android as an open-source alternative to Snowflake, highlighting margin pressures and ROI debates around Databricks' serverless AI model …
OpenAI revenue chief Denise Dresser announced her departure on Thursday, joining a wave of senior leaders who have left the company since January 2024. PitchBook data shows 25 executives have departed…
Nvidia Corp. CEO Jensen Huang announced a $500 billion initiative with Goldman Sachs Group Inc., Blackstone Inc., Apollo Global Management Inc., KKR & Co., BlackRock Inc., and Brookfield to finance AI…
Yahoo Finance Markets and Data Editor Jared Blikre reported that AI demand and adoption are fueling a travel booking stock boom, with shares of Trivago (TRVG), Airbnb (ABNB), Expedia (EXPE), Delta Air…
SanDisk shares jumped 5% after the company announced multi-year hyperscaler contracts, signaling a shift away from volatile memory cycles, as Yahoo Finance's Julie Hyman analyzed via Yahoo Finance's A…
Hut 8 CEO Asher Genoot told Yahoo Finance that space data centers are still a ways away, as the company focuses on cutting data center delivery times in half to unlock a $1.75 billion annual EBITDA pi…
OpenAI appointed Dali Rajic as Chief Revenue Officer, less than a year after Denise Dresser took the role, amid ongoing C-suite turnover. The company projects an annual revenue run rate of $40 billion…
Goldman Sachs estimates global AI data center investment will reach $1 trillion in 2026, JPMorgan forecasts $697 billion in the US, and Bank of America sees a path toward ~$1.2 trillion by 2027, but a…
Vancouver-based EarthDaily Analytics Corp. has secured a $2.23-million contract with Defence Research and Development Canada (DRDC) to lead research for a space-based border monitoring project, aiming…
Spear Invest founder and chief investment officer Ivana Delevska identifies Cloudflare and three AI sub-sectors as the most promising areas for tech investors, according to a Yahoo Finance interview. …
Workday shares surged 17.8% after reports that private equity firm Silver Lake held preliminary talks to acquire the enterprise software company, a deal that would be among the largest private equity …
Republican Senator Jim Banks urged the Trump administration to develop incentives for U.S. tech companies to build open-weight AI models, warning that Chinese open-weight models could be weaponized ag…
The next AI winners may be travel companies using AI to cut costs and boost productivity, not just chipmakers like Nvidia or Micron, according to a Yahoo Finance analysis. Airbnb reports that nearly 4…
Reddit Inc. (RDDT) will be added to the S&P 500 index before trading begins on Aug. 18, according to S&P Dow Jones Indices, sending shares up more than 12% in pre-market trading. The platform, which r…
Apple has trained a large language model specifically for the China market in partnership with Alibaba Group, three sources said, a departure from its previous reliance on third-party models. The move…
OpenAI is on track to generate annualized revenue of more than $40 billion based on its current performance, roughly doubling its run rate from the end of 2025, according to people familiar with the m…
Applied Materials Inc. forecast fiscal fourth-quarter revenue of approximately $10.3 billion and earnings of $4.02 a share, beating analysts' average estimates of $9.62 billion and $3.72, but shares f…
Anthropic, an AI company, is reportedly targeting a $2 trillion IPO valuation, driven by explosive revenue growth and projected run rate, according to Yahoo Finance Tech Editor Dan Howley. The potenti…
Zocdoc and Google have integrated real-time healthcare appointment booking into the Gemini app, reducing patient wait times from 31 days to 72 hours while maintaining data privacy, according to Zocdoc…