Concerns of AI disruption for software firms is had had investors yanking money from private credit funds, including Blackstone’s BCRED.
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GE Vernova stock jumped nearly 14% Wednesday following the earnings report, widening the past year’s gains to 246%.
Anthropic revealed Mythos earlier this month, an AI model with advanced cybersecurity abilities that’s taking the tech world by storm.
The aptly code-named startup Project Prometheus is close to scoring a new $10 billion fundraise at a cool $38 billion valuation.
The move comes as OpenAI watches rival Anthropic make big enterprise splashes with its Claude Code and Mythos AI tools.
Concerns about potential AI disruption of the software space have driven Palantir shares down more than 25% so far this year.
Blackberry projects double-digit yearly sales growth after a pivot to software and cybersecurity for governments, cars and AI-powered robots.
In his annual shareholder letter, Amazon CEO Andy Jassy doubled down on massive AI investments and took a few swipes at rivals.
Meta launched its first major AI model after a significant overhaul, while Anthropic is keeping its own dangerously good model under wraps.
By 2030, as much as one-third of data centers will be powered entirely by on-site and off-grid power generation, according to Bloom Energy.
The fledgling ChatGPT advertising network reached $100 million in annualized revenue in just two months since its launch.
Talk about automation is swamping American industries, but are the companies tossing around tech-savvy buzzwords overstating robotic reality?
Shares of Meta plummeted roughly 8% on Thursday as investors digested the implications of the court losses.
Is it possible Citrini underestimated the dopamine rush Millennials get when they use credit card points to book a “free” flight to Bali?
The 35-year-old company previously made money mostly by licensing its designs to other players in the chip ecosystem.
In addition to its Rivian deal, Uber has a $300 million partnership with EV-maker Lucid for at least 20,000 robotaxis.