These moves follow a broader trend of AI consolidation, as technology giants seek to secure long-term access to scarce computational resources and to hedge against geopolitical and supply chain risks.
Rather than riding upside momentum a week after the Fed resumed cutting interest rates following a nine-month pause, U.S. stocks were reversing their uptrend with a three-day losing streak, leaving ...
Tesla faces declining EV sales, shrinking margins, increased competition, and fading regulatory credit revenue. See why I ...
There’s nothing like an earth-changing new technology to get the tech industry’s dealmaking juices flowing. That’s been good news and bad news for bankers, who have pocketed fees but have been boxed ...
Shares in Intel (INTC) popped 6% on Wednesday and were up a further 2% in pre-market trading on Thursday, following a report that the struggling chipmaker had approached Apple (AAPL) about securing ...
Musk has not been in Washington since May and only met Trump again during the memorial service for the conservative activist Charlie Kirk this week. Meanwhile, Zuckerberg and Altman have visited the ...
Their proximity to the US president was the result of careful planning by the chief executives of Meta and OpenAI, according to several Washington and company insiders. These people said the pair have ...
The iPhone maker and Intel have also discussed how to work more closely together, the report said, adding that the talks are at an early stage and may not lead to an agreement. Shares of Intel closed ...
OpenAI, Oracle and SoftBank announced plans to open five new artificial intelligence data centers as part of the government's ...
United States ramps up AI dominance with OpenAI, Oracle, and SoftBank collaborating for $500B Stargate project.
OpenAI, Oracle, SoftBank announced 5 new U.S. data centers under the $500B Stargate project as Nvidia pledged $100 billion to ...
ChatGPT maker OpenAI, enterprise software maker Oracle and Japanese technology investor SoftBank on Tuesday announced five ...