Developing AI models and offering AI-powered services requires enormous computing capacity. This involves building data centres, purchasing...

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...

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...

Strategy purchased 811 BTC USD worth more than $65 million, its largest acquisition since late September, while Bitmine added $19 million i...

In a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuat...

In the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying ...

Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...

Google Cloud’s Mandiant team reported a similar acceleration in vulnerability discovery. In August, it said that its AI-assisted system had...

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

Satya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company sh...

Anthropic IPO: AI giant Anthropic filed for an IPO on Monday and is reportedly aiming to go public by the end of November. Anthropic’s IPO ...

Amid the billions — even trillions — at stake, worries about an AI boom are looming in the background along with concerns about keeping the...

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

Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a to...

A wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of A...

India's debate on regulating artificial intelligence is evolving and mostly focuses on copyright and economic incentives. Recent legal ruli...

On Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending a...