Anthropic staff are embedded at the National Security Agency, helping the agency use the company's Mythos AI model for offensive cyberattacks, according to a Financial Times report. The model, which A…
Anthropic reported that its AI model Claude now writes 80% of the company's internal code, raising questions about the potential for recursive self-improvement where AI systems autonomously enhance th…
The S&P 500's profit margin reached a record high in the first quarter, with companies keeping nearly 15 cents of profit for every dollar of revenue. The surge is driven by unusually profitable tech g…
The S&P 500 rose Thursday while the Nasdaq 100 fell as Broadcom's failure to raise its AI chip revenue forecast dragged semiconductor stocks lower. Information technology was the worst-performing sect…
ChatGPT's mobile app reached 1 billion monthly active users in three years, nearly twice as fast as TikTok's five-year climb to that milestone, according to Sensor Tower data. The OpenAI chatbot's use…
Andon Labs, a San Francisco-based company, has placed an AI system named Luna in charge of all operations at Andon Market, a physical retail store on Union Street that opened in April. Luna, which is …
Amazon unveiled the next generation of its Proteus warehouse robot at its Delivering the Future event in London, allowing workers to give the machine verbal commands in plain language instead of requi…
Meta has repeatedly delayed releasing developer access to its new AI model, Muse Spark, since its April launch, according to The Wall Street Journal. The delay prevents the company from selling API ac…
Micron and Sandisk shares fell more than 6% on Thursday after Broadcom's disappointing results dragged down the AI sector, while a Reuters report that SK Hynix received strong investor backing for its…
Broadcom’s failure to raise its AI revenue target for fiscal 2027 triggered a 12% premarket stock drop, dragging down the broader AI complex and major indices. The semiconductor company’s full-year gu…
Broadcom reported second-quarter earnings of $2.44 per share on revenue of $22.19 billion, exceeding analyst expectations of $2.40 per share and $22.13 billion, respectively. The company also issued t…
CrowdStrike shares fell 8.2% in after-hours trading despite beating Q1 revenue and earnings estimates, reporting $1.39 billion in revenue against a $1.36 billion forecast and adjusted EPS of $1.10 ver…
OpenAI has lost its lead in the AI industry, with competitor Anthropic surpassing it in valuation by over $100 billion and filing for an IPO before OpenAI. The company's financial struggles include a …
Meta shares rose nearly 3% Wednesday after the company launched Meta Business Agent, an AI tool that automates sales, appointments, and lead qualification for businesses. The product, unveiled at Meta…
The European Union proposed a "tech sovereignty package" on Tuesday, including the Cloud and AI Development Act and Chips Act 2.0, to triple data center capacity and boost domestic semiconductor produ…
Bitcoin fell to $65,700 late Tuesday, its lowest level since early March, as crypto liquidations reached $1.35 billion in the past 24 hours and the asset faced headwinds from the AI trade, geopolitica…
Intel shares rose about 3.4% Wednesday morning after executives at the Computex expo in Taipei announced the company's 18A chipmaking process is now at full scale with hundreds of design wins, alongsi…
GitLab shares surged more than 8% in after-hours trading Tuesday after the company reported fiscal first-quarter revenue of $264.2 million and adjusted earnings of $0.23 per share, both exceeding anal…
The S&P 500 closed at a record high for a sixth consecutive session and gained for a ninth straight day, marking its longest win streak in over a year. The Nasdaq 100 also posted its fourth consecutiv…
Microsoft released seven new AI models, a next-generation quantum chip called Majorana 2, and Nvidia-powered Windows PCs at its annual Build developer conference, signaling a push to reduce reliance o…