There’s been a bit of a vibe shift since Nvidia CEO Jensen Huang tabbed Marvell as “next trillion-dollar company” just a week ago.
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Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.
The keynote presentation of Apple’s annual developers conference was a farewell sendoff for CEO Tim Cook, who received a standing ovation.
Training the AI robots that can interact in the physical world requires a gargantuan set of relevant training data that doesn’t yet exist.
As the AI bull run threatens formerly high-growth sectors like software, investors seek safety in HALO companies out of the tech’s reach.
Broadcom expects AI-related chip revenue to climb 200% to $16 billion in the current quarter, short of Wall Street’s most bullish forecasts.
Wolfe Research wrote in a note that bitcoin’s four-year cycle could see the token dip below $40,000 this fall before picking back up.
The plan is to bring the infamous power plant back online sometime next year to service a nearby glut of power-hungry Microsoft data centers.
A share price rally pushed ASML’s market cap to $668 billion on Wednesday, beating a European record set by Novo Nordisk in June 2024.
In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO.
40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.
Running AI agents around the clock can consume hundreds of millions, or even billions, of tokens (units of data) a week.
Oura said this month, it said it should have more than 5 million paid members this quarter, with plans to IPO later this year.
The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.
Last month, Coreweave, the largest independent neocloud company, reported its first-quarter revenue doubled to $2.1 billion.
Salesforce points to record revenue of $11.1 billion and its own embrace of artificial intelligence to dispel SaaSpocalypse worries.