The AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner, Elhedery said, though he did not ...

Wall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI...

Saudi Aramco has announced its acquisition of a 49 percent stake in the AI company Humain. This investment aims to accelerate Humain's grow...

Investors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...

Major US tech stocks have taken a hit as investors react to underwhelming earnings and worries about AI spending. Giants like Microsoft, Am...

As we approach the US midterm elections next week, stock investors are bracing for the impact of significant corporate earnings reports. Th...

Investor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...

Wall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...

Shares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued o...

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

Wall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...

From HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...

Investments in artificial intelligence by major companies have significantly increased in recent years. The overall investment in other sec...

Anthropic's planned IPO could attract investors who want to benefit from the growth of artificial intelligence. But understanding the compa...

In a groundbreaking partnership, Nvidia and Meta have committed to advancing the Muse AI assistant, with a substantial $3 billion investmen...

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

Six major hyperscalers are projected to spend $7.7 trillion on AI between 2026 and 2030, but generating adequate returns will be a challeng...