Three of the biggest US tech companies reported record profits and record infrastructure spending on Wednesday, fueling speculation about a possible AI market bubble.
OpenAI, backed by Microsoft, restructures its business model which makes it a prime candidate to an eventual IPO in the next ...
OpenAI has recapitalised, with its non-profit arm now holding $130 billion in equity in its for-profit arm, ahead of a ...
(Reuters) -Meta recorded a nearly $16 billion one-time charge in the third quarter related to U.S. President Donald Trump's ...
Google parent company Alphabet said sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud ...
Britain's Vodafone on Thursday said it will acquire German cloud and digital transformation firm Skaylink for 175 million ...
It’s a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a ...
Microsoft said its cloud services were recovering from an outage that disrupted its workplace software products and the operations of several companies.
Qatari data center firm Meeza has signed a hosting agreement with an undisclosed “global hyperscaler” to provide 6MW of ...
The U.S. stock market pushed further into record heights on Tuesday. The S&P 500 added 0.2%. The Dow Jones Industrial Average rose 161 points, or 0.3%, and the Nasdaq composite climbed 0.8%. All three ...
AI will accelerate the algorithm economy and its potential explains why mega-cap tech bosses will commit unlimited amounts to ...
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