AI hyperscalers are increasingly dedicating much of their record AI capital spending to EU- and UK-based infrastructure.
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Sales on TikTok Shop accounted for 2% of all US e-commerce sales in July, according to Consumer Edge, more than Costco or Target.
AI data center buildouts can do wonders for unexpected companies, as shown by the experiences of Generac and HVAC firm Comfort Systems.
OpenAI has been slowly introducing ads to users’ chat boxes since launching them less than a year ago, but the reaction has been mixed.
OpenAI showed off its aptly named new semiconductor at its Hot Chips conference Tuesday, the day before Nvidia’s earnings.
Users who encounter an AI summary click on an actual link to a third-party site just 8% of the time, according to a recent Pew Research study.
Investors looked past Uber’s revenue growth Wednesday to focus on risks to the company from the robotaxi revolution.
CEO Andy Jassy hiked the company’s capex guidance about 10% to $220 billion, but investors loved a booming AWS business.
Shares of Apple have risen 26% this year, enough to help it retake the market cap throne from momentary usurper Nvidia earlier this month.
Changxin Technology Group, or CXMT for short, soared 466% in its debut yesterday on Shanghai’s STAR Market.
For YouTube, the partnership is the latest and greatest attempt to trounce Netflix as both seek to become all-in-one entertainment platforms.
Faster, cheaper models from DeepSeek, Moonshot and other Chinese firms let users prioritize AI cost-effectiveness, undercutting US giants.
In the meantime, its sales rose 24% in the second quarter as search revenue climbed 17% and its AI-boosted cloud biz jumped more than 80%.
Both Chinese models were trained without the most expensive chips and are expected to be cheaper and more efficient to operate.
Apple is accusing the ChatGPT developer of stealing trade secrets and hardware designs to bolster its development of an AI-fueled smartphone.
The spinoff has investors taking a fresh look at the sector, now split between old-school telecom and the AI-heavy giants crowding into the space.