Micron CEO: AI has ‘totally changed’ the equation for the boom-and-bust memory industry
Micron CEO Sanjay Mehrotra said on Thursday artificial intelligence has fundamentally changed the memory business, an industry prone…
Alibaba shares fall 3% as AI spending drives 75% drop in net income
China’s Alibaba on Thursday posted a 75% fall in profits for the June quarter as AI spending weighed…
Stripe to buy OpenRouter as fintech expands deeper into AI
Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti…
Marvell pops on AI chip deal letting Google buy up to $12.2B in shares
Marvell Technology shares rallied 6% on a deal that would allow Google to buy up to $12.2 billion…
Nvidia is connecting GPU customers with data centers in the Nordics: sources
Nvidia is playing matchmaker, trying to connect companies with its graphics processing units to data-center operators that have…
China AI firms tap Nvidia power overseas as U.S. weighs crackdown
Nvidia’s effective monopoly over the most powerful chips has made U.S. export controls a key tool in Washington’s…
Economists warn AI-driven market rally is due a sharp correction
The American flag flies behind a Wall Street sign near the New York Stock Exchange (NYSE) in New…
Nvidia’s AI moat is shifting from chips to capital
NVIDIA CEO Jensen Huang delivers a speech during a keynote event at COMPUTEX on June 02, 2026 in…
Korean stock investors flee a bruising home market and pile into U.S.
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul. …
Anthropic says annualized revenue climbed to $65 billion in July
Dario Amodei, co-founder and chief executive officer of Anthropic, during the World Economic Forum (WEF) in Davos, Switzerland,…
OpenAI’s Brockman brushes off concerns about leadership changes in CNBC exclusive
OpenAI President Greg Brockman on Monday brushed off concerns about executive turnover at the artificial intelligence company, stating…
Anthropic revenue jumps to over $11.5 billion in Q2: report
Thomas Fuller | Lightrocket | Getty Images Anthropic‘s revenue surged more than 14-fold in the second quarter from…