Fireworks hits $17.5 billion valuation and $1B in annualized revenue
Fireworks founders pose for a photo at the startup’s headquarters in San Mateo, California. From left in front…
OpenAI, Anthropic new AI spending reality as users shift to efficiency
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam…
An AI price war could steal the thunder from pending Anthropic, OpenAI IPOs
The high price of high-end artificial intelligence could mean a price war is coming right before two more…
Apple’s surge to record highs faces a major test next month. What it must do to pass
Apple ‘s incredible eight-week march to record highs faces a major test next month. Like many investors, we…
Retailers hire big, defying consumer warning signs
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in…
Uber makes big bets on travel, hotels and AI voice bookings
Chris Ratcliffe | Bloomberg | Getty Images Uber is breaking into the travel industry. The company on Wednesday…
Nvidia AI chip rivals attract record funding as competition heats up
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Nvidia…
The blowout AI trades that surprised Wall Street in 2025
The artificial intelligence trade got tougher in 2025. While a significant capital expenditure cycle and earnings growth from…
Uber CEO Dara Khosrowshahi Says The App Will Offer High-Paying AI Gigs To Drivers And PhDs, Calling It ‘A Platform For Work’
Uber Technologies Inc. (NYSE:UBER) is turning its app into more than a ride or delivery tool — it’s…
Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18,…
China’s Pony.ai shares drop 12%, WeRide down 8% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide…
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…