Boosted by OpenAI returns, SoftBank swung to a $1.6 billion profit last quarter after losing $2.4 billion in the same quarter last year.
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Both companies announced capex projections that blew past consensus expectations, but only Meta seemed to rebuff the Wall Street wariness.
Claude Code promises to create any type of software — from analyzing specific data sets to building websites and editing photos.
Artificial intelligence companies Anthropic and OpenAI have already taken early steps toward an IPO, The New York Times recently reported.
In PwC’s recent Global CEO Survey, just 12% of top bosses said AI has delivered both cost and revenue benefits for their organizations.
Andreessen Horowitz has avoided some AI investment trends, like putting money toward the booming construction of AI data centers.
A logjam keeping companies worth as much as $2.9 trillion, from SpaceX to OpenAI, out of public stock markets may finally break in 2026.
Just last year, the FDA sent a warning letter to wellness wearable firm Whoop after it rolled out a feature to check users’ blood pressure.
After launching in November 2024, the company had reached $100 million in annual recurring revenue in just eight months.
Some user-generated Sora videos will also make their way onto Disney+, and ChatGPT will become available to Disney employees.
SpaceX’s potential monster IPO would come after what’s been a remarkable rebound year for public listings.
Deals with Meta, Nvidia and Softbank underscore concerns that Oracle is overexposed to a possible AI bubble.
A handful of high-profile defamation-by-AI-chatbot allegations against big tech firms are already stacking up.
In memo this week, Altman promised the release of a new reasoning model next week that bests Google’s Gemini.
Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.