The stocks set to win as AI spend continues to soar: Analysts
Corporate investment into artificial intelligence totaled over $250 billion last year as companies raced to develop intelligence-fueled products…
Ex-Banker Brothers Worth $850 Million After Microsoft AI Deal
For a few years, Daniel and Will Roberts’ Bitcoin-mining venture was a wild ride. The former Macquarie Group…
China’s AI Boom Fuels Rally in Power Stocks as Next Winner
Chinese power stocks are headed for their best week in years as investors bet on the surging energy…
AI stocks valuation, China October trade data
SHENZHEN, CHINA – AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen,…
Microsoft to Pursue Superintelligence After OpenAI Deal
Microsoft Corp. is pursuing a more powerful form of AI called “superintelligence” it hopes will be capable of…
Amazon’s (AMZN) $300 Billion Jump Puts Stock Back in AI Conversation
Amazon.com Inc. shares have been dogged for most of the year by concerns the company’s cloud-computing business was…
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…
Bill Gates Is Wrong to Quiet-Quit the Climate Fight
A few years ago, there was a big frenzy about “quiet quitting,” the idea that kids these days…
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…
AMD’s Best Month Since 2001 Brings Show-Me Pressure to Earnings
After its best month in the stock market in almost 25 years, Advanced Micro Devices Inc. needs to…
Microsoft enters approximately $9.7B contract with IREN that gives it access to Nvidia chips
Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that…
Microsoft Signs $9.7 Billion AI Cloud Deal With IREN
Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming…