artificial intelligence

For years, the U.S. semiconductor strategy has been straightforward: restrict China’s access to advanced chip technology and slow its progress. Huawei Technologies may have just offered a reminder that things don’t always go according to plan. The Chinese tech giant recently announced...

For the past two years, Wall Street has embraced a simple AI investment thesis: the more companies adopt artificial intelligence, the more productive they become. That narrative has helped propel Nvidia Corp. (NASDAQ:NVDA) to the center of the market’s AI boom. But some early signs suggest...

For the past two years, the AI race has been defined by one question: who can get enough Nvidia Corp. (NASDAQ:NVDA) chips? According to IREN Ltd. (NASDAQ:IREN) co-founder and co-CEO Daniel Roberts, investors may soon be asking a very different question. Speaking recently to Bloomberg Tech about...

Box Inc. (NYSE:BOX) Aaron Levie warned that many corporate leaders are becoming overly optimistic about artificial intelligence after seeing polished demonstrations that fail to reflect the operational complexity of deploying AI systems inside real businesses. AI ‘Happy Path’ Misleads...

Former White House AI and crypto czar David Sacks said AI is lowering the cost of writing software and increasing overall demand for engineers, arguing that job growth in tech is rising despite fears of automation-driven layoffs. AI Coding Surge Drives Software Expansion On Sunday, in a post on X,...

Michael Saylor, co-founder of Strategy Inc. (NASDAQ:MSTR), predicted a future in which goods and services produced by robots will decline in value, while assets they can’t replicate will grow more expensive. ‘Robot Wave’ Will Devalue Things? Appearing on the Peter McCormack show...

New York City's top fiscal watchdog is warning that artificial intelligence could dramatically reshape the city's economy and eliminate thousands of jobs if officials fail to prepare for rapid technological change. AI Job Loss Warning In New York City On Thursday, New York City Comptroller Mark...

Actor Ashton Kutcher is best known to many for his role on TV shows like "That ‘70s Show" and "Two and a Half Men." To the finance world, Kutcher has built a reputation as a good investor with his Sound Ventures fund. One investment made years ago could turn into Kutcher's biggest win ever. Kutcher...

Anthropic shared a sweeping update on Project Glasswing, saying its artificial intelligence-assisted security testing effort has already uncovered "more than 10,000 high-or critical-severity vulnerabilities" across widely used software systems. Anthropic has been working with roughly 50 partner...

Artificial intelligence and serverless cloud computing company Modal Labs closed a Series C round totaling $355 million, putting the company at a $4.65 billion post-money valuation. The company said it has expanded fivefold since September and is now above $300 million in annualized revenue. The...

The global race for AI sovereignty has a surprising frontrunner — and it’s not a country. While governments from Abu Dhabi to Tokyo are pouring billions into national AI infrastructure designed to reduce reliance on foreign technology, a new report suggests many of those efforts still depend...

Privately held AI company Anthropic could be valued at $900 billion in a new funding round as it nears profitability and approaches an estimated $10.9 billion in second-quarter revenue. The milestones come ahead of a highly anticipated IPO. A potential public offering would also shine a spotlight...

Exa Labs Inc. has raised $250 million in a Series C round led by Andreessen Horowitz, valuing the San Francisco-based artificial intelligence company at $2.2 billion. The startup said it will use the new capital to train its next generation of models and expand infrastructure capable of handling "...

Nvidia Corporation (NASDAQ:NVDA) shares are trading lower on Thursday, despite beating analyst estimates for first-quarter revenue and earnings per share. Here's why analysts are raising their price targets on the stock going forward. The Nvidia Analysts Bank of America Securities analyst Vivek...

Investors know Nvidia Corp.(NASDAQ:NVDA) as a GPU supplier powering the artificial intelligence boom. But the chip giant’s latest portfolio disclosure suggests CEO Jensen Huang may be placing a significant bet on another part of the AI stack: the infrastructure that moves data between those...