Yotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...

Chip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck S...

The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trill...

Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...

Shutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competiti...

Meta has poured hundreds of billions of dollars into data centers and AI chips.

Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...

Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...

The report, published by the Independent International Scientific Panel on AI, which was established by the UN General Assembly last year a...

The company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 4...

Oyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...

Ramprakash Ramamoorthy, director of AI research, Zoho, which is running its own data centre, said the compute cost has gone up significantl...

Its shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow. The company replaced ⁠Verizon ⁠on the index, S&P ...

Firmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to "AI Native" ⁠customers, ⁠among others...

Google, owned by Alphabet, told Meta around March ⁠it ⁠could not meet the full Gemini capacity the company had sought to purchase, the news...

The AI race is heating up as tech giants like OpenAI, Google, Amazon, and Microsoft design their own chips to optimize AI operations. This ...

The hiring push comes as Anthropic works to expand its computing capacity beyond the US. The company had said in a blog post in April that ...