PNC Asset Management Group CIO Amanda Agati told Yahoo Finance that potential IPOs from AI giants Anthropic and OpenAI could matter for the broader equity market rally, with timing being a key factor …
Anthropic signed a $9.1 billion deal with bitcoin mining company Riot Platforms, as reported by Yahoo Finance. The deal was highlighted in a video segment of "The Daily Wolf with Scott Melker," which …
Intel Corp.'s stock rally has reduced the cost of its planned $20 billion common stock issuance, saving the chipmaker millions as it funds its artificial intelligence comeback. Yahoo Finance Markets &…
Realtor.com chief economist Danielle Hale told Yahoo Finance that homebuyers' concerns about AI data centers 'don't seem to be founded,' discussing the housing market's resilience amid data center gro…
Nvidia is developing a new open-source AI model family, Nemotron 4, aiming to rival top open-source models globally, with the largest model expected to have at least 1 trillion parameters, according t…
Nvidia is becoming the 'central bank of AI' as demand for its chips and compute surges, according to Zacks Investment Management chief market strategist Brian Mulberry and Yahoo Finance Tech Editor Da…
Zacks Investment Management chief market strategist Brian Mulberry told Morning Brief host Jake Conley that the AI boom is driving the US economy, with an Oxford Economics report estimating AI account…
Airbnb co-founder and CEO Brian Chesky said the current AI boom is the fourth special period in computing history and 'bigger than the other three combined,' predicting that one-person companies could…
Microsoft Corp. stock is trading above its 200-day moving average by the widest margin since October, yet it still trails the S&P 500 with a 4.7% year-to-date gain versus the index's 13% rise. The com…
Brent crude traded near $90 a barrel on Tuesday after rising 5% yesterday, as U.S. and Iranian positions on a Strait of Hormuz deal remained entrenched, adding to inflation worries and pushing the 30-…
Intel Corp. plans to raise $15 billion by selling new shares, a move made significantly cheaper by its 165% rally this year, which has reduced the number of shares needed by nearly 80% compared to the…
DayOne Data Centers Ltd., a Singapore-based data center operator, has confidentially filed for a US initial public offering and aims to raise about $5 billion, according to people familiar with the ma…
Oil prices held steady on Tuesday after jumping 5% the previous day, with Brent crude unchanged at $87.72 a barrel and U.S. benchmark crude flat at $82.13, as uncertainty persisted over when the Strai…
Tencent Holdings Ltd.'s AI workplace assistant WorkBuddy has become China's most popular AI office agent with 20.97 million monthly visits as of June, beating ByteDance Ltd.'s Trae and Alibaba Group H…
Meta Platforms CEO Mark Zuckerberg published a 6,500-word essay on Monday envisioning a future where everyone has an all-knowing AI agent, and announced the release of the open-source AI model Muse Gl…
Supermicro (SMCI) will report fourth-quarter earnings Tuesday after providing a preliminary update that lifted shares over 20%, with margins forecast between 15% and 17% versus prior guidance of 8.2% …
Meta Platforms Inc. CEO Mark Zuckerberg published a 6,500-word essay on Monday arguing that wider access to AI models is key to the industry's future, challenging the concentrated control championed b…
OpenAI has completed a deal to help employees sell roughly $7 billion worth of shares in a tender offer, valuing the ChatGPT maker at $852 billion, according to people familiar with the matter. The bu…
Nearly 90% of S&P 500 companies have reported second-quarter earnings, with FactSet data showing a 50% year-over-year rise, the fastest growth since 2021, driven by artificial intelligence, according …
Meta Platforms Inc. announced a $1 billion fund to support communities near its data centers, as CEO Mark Zuckerberg outlined a vision for open-source 'personal superintelligence' and criticized rival…