AMD 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 exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the Jul...

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 companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...

Alphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...

No startup has ever grown so fast. Investors have already grown nervous.

OpenAI plans to buy Google's AI chips, The Information reported on Tuesday, citing a person familiar with the matter, as technology compani...

Investors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...

Anthropic PBC has filed for an IPO, becoming a potential leader in AI technology. The company anticipates trading under the symbol ANT on t...

A successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...

Both companies make software used to design computing chips - a process that involves arranging billions of transistors precisely to meet c...

The Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...

The 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 PBC plans to file for an initial public offering in New York on Monday morning. The artificial intelligence model maker is expect...

Meta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant a...

OpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...

OpenAI's security team found the device late last month at ChatGPT maker's office and the employee, Saudi national Abdulrahman Alfozan, was...