The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
Nebius Releases Platform to Run Open Models, Rivaling Microsoft
Nebius Group NV, an artificial intelligence cloud provider, is releasing a new product meant to offer access to…
Amazon Demands Perplexity Stop AI Tool From Making Purchases
The Perplexity AI assistant app on a smartphone arranged in Riga, Latvia, on Wednesday, Aug. 13, 2025. AI…
AI and the Fed: The Bank’s Wait-and-See Approach Can’t Last
Financial markets are obsessed with AI, and the broader public is aware of its looming impact on jobs…
Why the US Layoff Wave Is an Early Warning Sign for Job Market – Bloomberg.com
Why the US Layoff Wave Is an Early Warning Sign for Job Market Bloomberg.comWhy Companies Are No Longer Hanging…
A Wave of US Layoffs Flash Early Warning Sign for Job Market – Bloomberg
A Wave of US Layoffs Flash Early Warning Sign for Job Market BloombergJob Cuts at Big US Firms Raise…
U.S. stocks’ gains in October owe much to AI
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South…
AI trade frenzy seems driven by a ‘virtuous’ cycle
Jensen Huang, CEO of Nvidia, attends a press conference after the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit…
Alphabet, Amazon Stakes in Anthropic Boost Profit by Billions
Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings…
Amazon’s New AI Chips Could Unlock Billions In Revenue, Analysts Say
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Mark Zuckerberg Net Worth Falls as Meta’s AI Spending Plan Spooks Investors
Mark Zuckerberg fell to fifth place on the Bloomberg Billionaires Index — the lowest in nearly two years…