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OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- US stocks | Alphabet taps Intel to make three million in-house chips: ReportNvidia has not placed an order with Intel yet, but has been evaluating whether the company's technology can be used to make a processor tha...
- Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption growsSnowflake has boosted its annual product revenue forecast. This rise is driven by increased enterprise spending on AI applications. Compani...
- Wall Street Week Ahead: Data, Iran, US-China meeting in focus for scorching US stock marketIndian markets are keenly watching upcoming inflation and consumer spending data, alongside developments in the Iran conflict and a crucial...
- US stocks today: Roblox shares tumble as forecast cut signals safety measures weighing on user growthRoblox shares on Friday plunged to their lowest levels in 18 months after the company cut its annual bookings forecast, raising concerns th...
- Meta shares fall on concerns over AI spending, legal scrutinyMeta Platforms is significantly increasing its investment in artificial intelligence infrastructure. This comes as the social media giant f...
- Apple names insider John Ternus as CEO, Tim Cook to become executive chairmanApple on Monday named long-time executive John Ternus as its next chief executive officer, marking a leadership change as the company prepa...
- Wall Street Week Ahead: US jobs data to give economic view for war-gripped marketsStock markets are bracing for a volatile week, with investors closely watching the ongoing Iran conflict's impact on oil prices and inflati...
- Meta, Google lose US case over social media harm to kidsThe jury found Meta liable for $4.2 million in damages and Google for $1.8 million, small amounts for two of the world's most valuable comp...
- Snowflake expects annual product revenue above estimates as AI boosts demandSnowflake forecast fiscal 2027 product revenue above Wall Street estimates on Wednesday, as booming enterprise demand for artificial intell...
- Larry Page overtakes Jeff Bezos to become the third richest person in the world – who is he?Larry Page third richest 2025: Google cofounder Larry Page became the third richest person in the world after his net worth jumped from Gem...
- Adobe's dull forecast raises AI monetisation doubts, shares fallThe company expects second-quarter revenue to be between $5.77 billion and $5.82 billion, in line with analysts' expectations, according to...
- Nvidia shares dip as forecast fails to calm overspending fearsNvidia's shares ticked lower on Thursday as the AI bellwether's upbeat quarterly forecast failed to ease nerves around overspending in the ...
- Oracle misses quarterly results estimates on stiff cloud competitionWall Street expectations for AI-linked firms have been high as they bet on the technology to be a strong growth driver in the future. The c...
- Datadog raises annual forecast betting on AI-driven cybersecurity demandDatadog raised its full-year revenue to be about $2.66 billion, compared to its earlier expectation of between $2.62 billion and $2.63 bill...
- OpenAI sets up safety committeeMicrosoft-backed OpenAI's chatbots with generative AI capabilities, such as engaging in human-like conversations and creating images based ...
- Ebay's higher investments weigh on profit forecast, shares fallThe company had in June acquired Certilogo, a provider of AI-powered apparel authentication, and bought trading cards marketplace TCGplayer...
- Cybersecurity firms to log strong growth on the back of rising threat of hacksWorldwide spending on cybersecurity solutions is expected to rise 12.1% to hit $219 billion in 2023, according to data from market analytic...
- US set to reveal 'stress test' results May 7Authorities will reveal on May 7 results on "stress tests" conducted on the 19 biggest US banks that have received public aid to weather th...
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