The AI cloud company also lifted its targets for 2026 revenue and adjusted profit, banking on ⁠a ballooning ⁠order book, after its revenue ...

South Korean shares rose for a third straight session, with the Kospi gaining 3.46% as chipmakers rallied on optimism over strong AI infras...

Asian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle Ea...

Leopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...

US stocks’ technology-led rally faces a crucial test this week as investors await inflation data for clues on the Federal Reserve’s interes...

Asian share markets followed Wall Street higher after a soft US jobs report. Oil prices increased slightly due to stalled Gulf peace talks ...

Upcoming inflation data poses a challenge to the stock market's recent technology-driven surge. Analysts predict a rise in consumer prices,...

China's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...

AI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...

Aschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, ...

Happy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...

CoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...

Alphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...

According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...

Such a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms su...

Meta Platforms is reportedly discussing a significant deal to lease computing power to Anthropic. This potential agreement could be valued ...

The unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To ⁠lock in ⁠supply amid s...