Oracle is pressured to complete a massive data center in Texas for OpenAI, part of the $500 billion Stargate project to enhance US AI capabilities. The facility, size of 17 footbal...
Oracle is under pressure to complete a massive data center in Texas for OpenAI, part of a $500 billion investment in the AI sector under the Stargate project.
SoftBank Group Corp. is considering a $1 trillion investment in the US AI sector to develop AI-driven industrial parks, aiming to address labor shortages and revolutionize manufact...
Google plans to invest $750M in Anthropic, an AI start-up, through convertible debt, aiming to strengthen its position in the AI race without exceeding a 15% stake, amidst antitrus...
Sunil Wadhwani, an Indian-American entrepreneur, emphasizes the need for more AI investment in the social sector to transform underserved communities. Through Wadhwani AI, he has d...
Alphabet Inc. reported a 12% revenue increase to $96.5B in Q4 2024, missing market estimates. Earnings per share rose by 31% to $2.15, with a 32% increase in operating income. CEO ...
Google's additional $1 billion investment in Anthropic highlights the fierce competition in the AI industry, with Anthropic's valuation nearing $60 billion. This move is part of a ...
ByteDance, TikTok's owner, plans a massive $12 billion investment in AI infrastructure by 2025, focusing on AI chip purchases and enhancing foundation model training capabilities. ...
U.S. stock markets experienced a significant rally as President Trump's inauguration and immediate actions, including signing 42 executive orders, boosted investor confidence. The ...
The US stock market saw a positive turnaround as the S&P 500 ended a five-day losing streak with a 1.2% gain, driven by tech stocks. Microsoft's $80 billion investment announcement...
Nandan Nilekani argues against India investing in building another large language model, suggesting resources should be directed towards compute, infrastructure, and AI cloud inste...
