SoftBank has sold its entire stake in Nvidia, raising $5.83 billion, but it's not stepping back from AI investments, especially in OpenAI. As Nvidia stock wavers, what's next for tech investments?
Five tech giants just proved that the AI megatrend is alive and well, with strong earnings and ambitious spending plans, despite fears of a bubble. Discover how their investments are shaping the future.
Apple's latest earnings call reveals mixed results as iPhone revenue missed estimates, but the company is ramping up AI investments and anticipates strong growth in the holiday quarter. Will this lead to a comeback?
Microsoft has once again crossed the $4 trillion mark in valuation, joining Nvidia in a rare elite club as AI investments soar. OpenAI's transformation into a public benefit corporation with Microsoft backing fuels this surge.
As tech titans report earnings, concerns rise over the sustainability of the AI boom. Experts warn that the current frenzy may lead to a bubble, with uncertain returns and increasing debt complicating the landscape.
Amid the chaos of Super Typhoon Ragasa, Asian stocks saw a slight uptick, driven by Alibaba's commitment to invest heavily in AI and positive news from the semiconductor sector.
The artificial intelligence bubble is raising eyebrows on Wall Street as Nvidia reports strong earnings but sees a stock dip. What does this mean for the future of AI investments and the economy?
In a stunning move, OpenAI announces its acquisition of Jony Ive's company io for $6.5 billion. Investors like Klarna's CEO share their excitement over the lucrative deal, revealing their stakes in the AI venture.
In a bold move, Microsoft has announced the layoff of 7,000 employees, approximately 3% of its workforce, as part of a strategic pivot towards AI investments. This decision is intended to optimize resources and bolster the company’s AI-centric initiatives, amid discussions about potential further layoffs.
As Meta prepares for its earnings release, all eyes are on CEO Mark Zuckerberg and the company’s AI investments amidst market challenges and the looming FTC trial. Will they meet investor expectations?