SoftBank’s Son ‘was crying’ about the firm’s need to sell its Nvidia stake AI Bets
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in…
Health-Care Earnings Top S&P 500 on Strong Drug, Hospital Demand
The largest American public health-care companies outperformed other industries in the third quarter, as higher new and specialty…
Alibaba shares rise as AI drives cloud sales jump
Alibaba showcase its AI technology application achievements from Alibaba Cloud at the World Artificial Intelligence Conference in Shanghai,…
How Google Dodged the AI Search Collapse
Google Search was supposed to lose ground in the artificial intelligence (AI) era, but Alphabet’s third-quarter 2025 earnings…
China’s AI stock rally has room to run as valuations lag US giants, Goldman Sachs says
The artificial intelligence-led stock rally in China is far from a bubble, as the nation’s technology firms still…
Nvidia CEO says the company is in a no-win situation amid AI-bubble chatter, leaked meeting reveals
Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation…
US Jobs Report for September Released on Nov. 20
The Bureau of Labor Statistics will release the September jobs report Thursday, after it was delayed due to…
Asia’s AI Boom Faces Reality Check as Foreigners Deepen Selling
Global investors are pulling money from Asia’s biggest AI markets at the sharpest pace in at least seven…
Baidu Slumps as Latest AI Model Fails to Impress Wary Investors
Baidu Inc. shares fell by the most in seven months as the newest version of its artificial intelligence…
Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI
Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising…
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…
SoftBank Unloads Nvidia Stake for $5.8 Billion in Surprise Move
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of…