The software sector just logged its strongest month in over two decades, with the iShares Expanded Tech-Software ETF closing May up 21% — its best monthly performance since October 2001. The rally,...
Anthropic has overtaken OpenAI as the most valuable private AI company, closing a $65 billion funding round that pushes its valuation to $965 billion. The round, led by Altimeter Capital, Greenoaks,...
Dell Technologies posted an 88% year-over-year revenue jump to $43.84 billion for its fiscal first quarter, shattering analyst expectations and marking the company's fastest growth since returning to...
Snowflake’s Q1 earnings exceeded expectations, sending shares up 35% in after-hours trading. But the headline numbers—$1.39B in revenue (up 33% YoY) and $0.39 adjusted EPS—were only part of the...
Wall Street's semiconductor rally is pulling Bitcoin mining stocks higher, but the real story is about power capacity, not chips. Tuesday saw TeraWulf jump 17% after announcing a Kentucky data center...
Microsoft is in active discussions to supply its custom Maia AI chips to Anthropic, according to sources familiar with the talks. The deal, if finalized, would mark a strategic win for Microsoft's...
Jim Cramer's latest take on tech investing signals a structural shift in how we should think about the technology stack. According to the CNBC host, semiconductors have replaced software as the...
Nvidia’s latest earnings report, covering February through April, reveals a company operating at a fundamentally different scale. Profit hit $58.3 billion, up 37% quarter-over-quarter and over 200%...
Nvidia's Q1 FY2026 earnings landed well above analyst consensus, with data center revenue hitting a record $75.2 billion—up 92% year-over-year. Total revenue reached $81.62 billion, beating the...
At the TsIPR conference in Moscow, Evgeniy Garanin, VP for Digitalization and IT at TVEL (Rosatom’s fuel division), argued that Russian industry needs a centralized operational environment to manage...
Singapore signed separate agreements with Google and OpenAI this week, signaling a strategic push to embed AI into public services, healthcare, education, and enterprise. The deals were announced at...
At a recent Digital Uzbekistan forum, Alexander Merkushev of Yandex Uzbekistan dropped a familiar statistic: roughly 80% of business AI initiatives fail. The root cause isn't bad algorithms or...
When Mark Zuckerberg announced 11,000 layoffs in late 2022, he framed it as a mea culpa for pandemic-era overhiring. Three years and 21,000 job cuts later, the tone has shifted. Starting this week,...
A group of Australian tech founders has turned to generative AI to lampoon Prime Minister Anthony Albanese, inserting his face into stock photos of their offices, coding sessions, and strategy...
Cisco CEO Chuck Robbins told CNBC Thursday that the company is riding a wave of AI-driven demand that he termed a “networking supercycle.” The stock popped 14%, its best single-day gain in over two...
New research from the International Data Center Association (IDCA) shows data centers now consume 6% of electricity in both the UK and US, with global investment in these facilities approaching $1...
The ongoing Musk v. OpenAI trial has forced the company to open its internal communications and decision-making logs in ways that would make any data engineering team cringe. Over three weeks of...
Nvidia has crossed $40 billion in equity commitments this year, transforming from chip supplier into the primary financier of the AI supply chain. The strategy is straightforward: fund the companies...
Despite a modest pullback across major indexes Thursday, Jim Cramer argues the underlying AI infrastructure investment cycle remains too large to ignore. The Nasdaq Composite and S&P 500 both gave...
IREN shares surged 13% in after-hours trading Thursday after the Australian data center operator locked in a major infrastructure agreement with Nvidia. The deal covers deployment of up to 5...