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OpenAI kicks off charm offensive to change voters' view of data centersStunning victories by Democrats in US midterm elections this week have been interpreted by many as Americans repudiating tech industry plan...- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- Apple beats sales and profit expectations but AI costs weigh on holiday salesApple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the Jul...
- Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
- Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectationsSoftware companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...
- Shares in Google owner Alphabet sink on profit miss, ad slowdownAlphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...
- Anthropic's record IPO faces some big questionsNo startup has ever grown so fast. Investors have already grown nervous.
- OpenAI plans to buy Google's AI chipsOpenAI plans to buy Google's AI chips, The Information reported on Tuesday, citing a person familiar with the matter, as technology compani...
- Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
- Anthropic takes AI test with filing for Wall Street debutAnthropic PBC has filed for an IPO, becoming a potential leader in AI technology. The company anticipates trading under the symbol ANT on t...
- AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
- Cadence unveils Nvidia-backed AI models that chipmakers can run in-houseBoth companies make software used to design computing chips - a process that involves arranging billions of transistors precisely to meet c...
- Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
- Anthropic unveils its US IPO filing; puts AI ambitions, costs in spotlightThe prospectus highlights Anthropic's rapid growth over the past year, fueled by Big Tech's breakneck spending that has driven a rally in A...
- Anthropic is said to plan public filing for Mega-IPO MondayAnthropic PBC plans to file for an initial public offering in New York on Monday morning. The artificial intelligence model maker is expect...
- Meta launches $35 billion stock offering to fund AI expansionMeta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant a...
- AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
- OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
- Who is Abdulrahman Alfozan? ChatGPT maker OpenAI's Saudi national employee arrested by FBI for planting high tech listening device in San Francisco officeOpenAI's security team found the device late last month at ChatGPT maker's office and the employee, Saudi national Abdulrahman Alfozan, was...
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