Artificial Intelligence

CNBC
Oracle stock slips on report company is seeing thin cloud margins from Nvidia chips
Oracle had 14% gross margins on $900 million in sales in its Nvidia cloud business in the three months ending in August, according to the report.
VentureBeat
IBM claims 45% productivity gains with Project Bob, its multi-model IDE that orchestrates ...
Project Bob benefits from new Anthropic partnership. Part of Project Bob is a new partnership between IBM and Anthropic. The two vendors announced a...
Reuters
Dell raises growth targets for next four years on strong AI server demand | Reuters
... AI boom. Its strong profit growth expectation may also ease ... news provider, reaching billions of people worldwide every day. Reuters...
TechCrunch
Anthropic plans to open India office, eyes tie-up with billionaire Ambani | TechCrunch
Anthropic co-founder and CEO Dario Amodei is in India this week, with plans to set up an office in Bengaluru and explore a partnership with Mukesh...
CNBC
Brad Gerstner on OpenAI's deal-making with AMD, Nvidia: 'The best chips will win'
The Altimeter Capital founder said the deals provide "more evidence that the world will remain compute-constrained."
CNBC
OpenAI's Sora 2 must stop allowing copyright infringement, Motion Picture Association says
The Motion Picture Association called out OpenAI's new video generation model Sora 2 for content infringement.
CNBC
Figma stock pops 7% after OpenAI CEO Altman touts ChatGPT integration - CNBC
shares jumped 7% on Monday after the design software vendor's technology was promoted by OpenAI CEO Sam Altman in an onstage demo at his company's...
TechCrunch
Anthropic and IBM announce strategic partnership - TechCrunch
Anthropic's Claude large language model family will be incorporated into some of IBM's software development products.
CNBC
Billionaire tech investor Orlando Bravo says 'valuations in AI are at a bubble'
One key difference between the dotcom bubble and today, Bravo said, is that big companies with healthy balance sheets are financing tech startups.
Reuters
Mattel partners with OpenAI on Sora 2 AI video model | Reuters
Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here. Monday's moves are the latest...
CNBC
OpenAI hands AMD a big win in AI chip race. What does it mean for Nvidia? - CNBC
The demand for AI computing power is large enough for ... Global Business and Financial News, Stock Quotes, and Market Data and Analysis.
CNBC
Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips
Oracle had 14% gross margins on $900 million in sales in its Nvidia cloud business in the three months ending in August, according to the report.
Bloomberg.com
Qualtrics Agrees to Buy Press Ganey Forsta in $6.75 Billion Deal - Bloomberg
Private equity firms this year have been targeting software companies that invested in AI tools, aiming to cash in on a boom in the technology's...
CNBC
Artificial intelligence is exciting play into earnings: Wells Fargo - CNBC
Wells Fargo Securities Ohsung Kwon explains why he doesn't expect AI stocks are in a bubble ... Got a confidential news tip? We want to hear from you.
South China Morning Post
Impact of Anthropic's China ban unlikely to 'move the needle', expert says
US artificial intelligence start-up Anthropic's ban on China-backed entities' access to its models was not expected to deter mainland firms nor...
Financial Times
Consultancies must become software companies to survive AI boom, IBM executive says
A rethink was needed because of new competition from technology companies and scepticism from clients, Mohamad Ali told the Financial Times in an...
Bloomberg.com
IBM Rises on Anthropic Partnership for AI-Aided Software Coding - Bloomberg.com
... trading on Tuesday after the company announced a plan to integrate Anthropic's artificial intelligence technologies into its software solutions.
Bloomberg.com
Trump's AI Czar David Sacks Rebuffs Criticism of China Stance - Bloomberg.com
Trump's AI Czar David Sacks Rebuffs Criticism of China Stance ... Provide news feedback or report an error · Site feedback: Take our Survey.
CNBC
Tesla releases driver assist tech update ahead of expected major announcement
The unveiling could be a long-awaited lower-cost model, the next-generation Roadster, or something else.
Bloomberg
At $1.2 Trillion, More High-Grade Debt Now Tied to AI Than Banks
The amount of debt tied to artificial intelligence has ballooned to $1.2 trillion, making it the largest segment in the investment-grade market, according to JPMorgan Chase & Co.
At $1.2 Trillion, More High-Grade Debt Now Tied to AI Than Banks
Bloomberg
Dell Lifts Estimates for Next Four Years on AI Demand
Dell Technologies Inc. roughly doubled its growth estimates for sales and profit for the next two years and sees artificial intelligence products extending those higher projections through at least the 2030 fiscal year. Ed Ludlow reports on Bloomberg Television.
Dell Lifts Estimates for Next Four Years on AI Demand
Bloomberg
Data Center Boom Brings Risks of Overbuilding, Ares’ Says
The flood of capital pouring into AI infrastructure is raising the risks of overcapacity as the world’s biggest investors look to cash in on the artificial intelligence boom, according to Ares Management Corp. Co-President Kipp deVeer.
Data Center Boom Brings Risks of Overbuilding, Ares’ Says
TechCrunch
Meta Llama: Everything you need to know about the open generative AI model | TechCrunch
Meta's Llama models are open generative AI models designed to run on a range of hardware and perform a range of different tasks.
CNBC
Qualcomm acquires Italian hardware company Arduino to push deeper into robotics
Arduino's inexpensive programmable boards are ubiquitous inside hardware startups and robotics labs for prototyping.
Bloomberg
Dell Hikes Estimates for Next Four Years on Strong AI Demand
Dell Technologies Inc. roughly doubled its growth estimates for sales and profit for the next two years, and said demand for artificial intelligence products will extend those higher projections at least through the 2030 fiscal year. Shares rose.
Dell Hikes Estimates for Next Four Years on Strong AI Demand
TechCrunch
A 19-year-old nabs backing from Google execs for his AI memory startup, Supermemory
19-year-old Dhravya Shah, who is originally from Mumbai, has built a memory layer for AI applications with Google's AI chief's backing.
Axios
Adobe: AI, discounts to drive record holiday spend despite tariffs - Axios
U.S. shoppers will spend $253.4 billion online this holiday season, up 5.3% year-over-year, according to Adobe's new forecast out Monday.
Bloomberg
Fintech Ramp Launches Fraud Fighting, Bill Payment AI Agents
Spend management platform Ramp Inc. is enlisting artificial intelligence agents to help eliminate a growing problem for corporate customers: invoice fraud.
Fintech Ramp Launches Fraud Fighting, Bill Payment AI Agents
Bloomberg
Goldman’s Molavi Says Investors Shouldn’t Fight the AI Trade
A surefire investing rule has always been “don’t fight the Fed.” The same seems true of the powerful artificial intelligence trade in stocks, according to Goldman Sachs Group Inc. macro trader Bobby Molavi.
Goldman’s Molavi Says Investors Shouldn’t Fight the AI Trade
Bloomberg
Dot-Com Fears Rise With Tech Stocks Seeing $100 Billion Swings
Investors are excited about OpenAI’s expansion driving big gains in technology stocks, but a rising number of Wall Street pros fear that the wild pops that add tens of billions of dollars in value in mere minutes are signaling an unhealthy market reminiscent of the dot-com era.
Dot-Com Fears Rise With Tech Stocks Seeing $100 Billion Swings