Artificial Intelligence

CNBC
CNBC Daily Open: SoftBank goes all in on OpenAI as 'Big Short' investor issues caution on AI firms
SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.
CNBC
Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
Foxconn, the world's largest contract electronics maker, reported Wednesday that its third-quarter profit jumped 17% from a year earlier.
ARPU
Why Microsoft is Spending $60 Billion on Neocloud for AI Workloads
In a massive and previously under-the-radar spending spree, Microsoft has committed over $60 billion to a new category of specialized data center companies called "neoclouds." The news comes just a week after CEO Satya Nadella's candid admission that his biggest problem isn't a shortage
NBC News
New A.I. translation technology helps police officers - NBC News
ICE is interested in obtaining new translation technology that is already helping local police departments. NBC News' Julia Ainsley reports.
The Verge
Google is introducing its own version of Apple's private AI cloud compute | The Verge
Google is rolling out Private AI Compute to use the cloud for AI ... More in News.
CNBC
CNBC Daily Open: SoftBank doubles down on AI amid warnings from 'Big Short' investor
SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.
Reuters
Microsoft plans to invest $10 billion in Portuguese AI data hub | Reuters
... AI investment projects in Europe, it said on Tuesday ... Get a daily digest of breaking business news straight to your inbox with the Reuters Business...
TechCrunch
Wonderful raised $100M Series A to put AI agents on the front lines of customer service
Israeli AI agent startup Wonderful has raised $100 million in a ... TechCrunch Mobility is your destination for transportation news and insight.
Reuters
Wall Street mixed as investors sell Nvidia and other AI stocks - Reuters
The stock dropped 2.3%. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
CNBC
AMD's Lisa Su sees 35% annual sales growth driven by 'insatiable' AI demand
Su said that AMD could be able to achieve "double-digit" share in the data center AI chip market over the next three to five years.
Bloomberg
AMD Predicts Accelerating Sales Growth Driven by Data Centers
Advanced Micro Devices Inc., Nvidia Corp.’s nearest rival in AI chips, predicted accelerating sales growth over the next five years, driven by strong demand for its data center products.
AMD Predicts Accelerating Sales Growth Driven by Data Centers
Reuters
SoftBank's $5.8 billion Nvidia stake sale stirs fresh AI bubble fears | Reuters
The stock jumped last month on news of a sweeping OpenAI restructuring that frees the startup from its non-profit roots. The startup is considering a...
The Verge
Samsung brings a generative AI-powered Bixby to its TVs | The Verge
is a news editor with over a decade's experience in journalism. He ... Vision AI Companion will become the central hub for Samsung's other AI features,...
TechCrunch
A better way of thinking about the AI bubble - TechCrunch
META's Chief Artificial Intelligence (AI) scientist Yann LeCun ... TechCrunch Mobility is your destination for transportation news and insight.
Reuters
AMD expected to outline plans for AI chip business at analyst day | Reuters
... AI. Along with the MI400 chips, AMD is also planning to launch a ... news provider, reaching billions of people worldwide every day. Reuters...
TechCrunch
The circular money problem at the heart of AI's biggest deals - TechCrunch
TechCrunch AI. TechCrunch's AI experts cover the latest news in the fast-moving field. ... TechCrunch Space. Every Monday, gets you up to speed on the...
Bloomberg.com
C3.ai Gains After Report Says Software Company Is Exploring Sale - Bloomberg
C3.ai Inc., a maker of data-analysis software, gained after ... Provide news feedback or report an error · Site feedback: Take our Survey.
Bloomberg.com
AI's $5 Trillion Cost Needs Every Debt Market, JPMorgan Says - Bloomberg.com
AI's $5 Trillion Cost Needs Every Debt Market, JPMorgan Says ... Provide news feedback or report an error · Site feedback: Take our Survey.
CNBC
Asia-Pacific markets: AI trade, Nikkei 225, Hang Seng Index - CNBC
Overnight, Wall Street gained on a revived AI trade and hopes that the U.S. government shutdown would end soon ... Got a confidential news tip? We want...
Bloomberg
Cerebras to Help Build Guyana Data Center, Unveils Sovereign AI Push
Cerebras Systems Inc. is teaming up with the government of Guyana on a multibillion-dollar deal to build the area’s first data center, part of a push by the AI chip upstart to help countries expand their artificial intelligence infrastructure.
Cerebras to Help Build Guyana Data Center, Unveils Sovereign AI Push
CNBC
DoorDash, Duolingo show Wall Street doesn't love AI spending equally - CNBC
AI spending is not all equal. Wall Street rewards ... Global Business and Financial News, Stock Quotes, and Market Data and Analysis.
Bloomberg
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are comparable to the World War II initiative to build the first atomic bomb, according to Fermi Inc., a power-plant developer planning a massive data-center campus in Texas.
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
CNBC
AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo
While hyperscalers are getting rewarded for their big spending plans, smaller companies are getting punished by investors.
Bloomberg
NTT Data Eyes Saudi Data Center Buildout to Capture AI Momentum
NTT Data Group is considering building data centers in Saudi Arabia as the Japanese firm looks to capitalize on fresh momentum around artificial intelligence in the kingdom.
NTT Data Eyes Saudi Data Center Buildout to Capture AI Momentum
SCMP
Huawei’s Ascend-powered CloudMatrix platform tops biennial tech innovation list
Huawei Technologies’ advanced data centre architecture powered by its Ascend chips topped the biennial ranking of the Shenzhen-based company’s latest inventions. Initially launched as the CloudMatrix 384, the Scale-Up Ultra-Large-Scale computing system was described by Huawei and Chinese artificial intelligence infrastructure start-up SiliconFlow in a paper as a specialised “AI supernode” that is purpose built for handling extensive AI workloads. Originally designed with 384 Ascend 910C neural...
Bloomberg
Nebius Sales Soar as Neocloud Provider Inks Deal With Meta
Nebius Group NV third-quarter sales soared by more than 300% as the Dutch neocloud provider announced an artificial intelligence infrastructure deal with Meta Platforms Inc. and predicted rapid growth through 2026.
Nebius Sales Soar as Neocloud Provider Inks Deal With Meta
Bloomberg
Point72’s Turion Fund Clocks 30% Gains During AI Stock Boom
Point72 Asset Management’s new AI-focused stock-picking fund has delivered gains of about 30% this year as hype around the technology fueled a surge in AI-linked corporate valuations.
Point72’s Turion Fund Clocks 30% Gains During AI Stock Boom
Bloomberg
Apple’s Restraint Finds Fans as AI Spending Faces Scrutiny
Apple Inc. has faced plenty of criticism from Wall Street for not spending as aggressively on artificial intelligence as its Big Tech rivals. But that strategy is suddenly a blessing for the iPhone maker.
Apple’s Restraint Finds Fans as AI Spending Faces Scrutiny
Bloomberg
Microsoft to Invest $10 Billion in AI Data Hub in Portugal
Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast, marking one of its largest European investments this year, the company said.
Microsoft to Invest $10 Billion in AI Data Hub in Portugal
TechCrunch
Kaltura acquires eSelf, founded by creator of Snap's AI, in $27M deal | TechCrunch
Kaltura acquires AI avatar startup eSelf to integrate generative AI ... TechCrunch Mobility is your destination for transportation news and insight.