Nvidia CEO Jensen Huang announces new partnerships with Palantir, CrowdStrike, Uber
Shares of and jumped while pared losses after CEO Jensen Huang announced new partnerships with the companies at the chip designer’s GPU Technology Conference in Washington, DC. “AI will also super...
PYPL leaps after signing OpenAI deal, enabling users to check out instantly using PayPal within ChatGPT
soared almost 15% at one point in premarket trading on Tuesday, after the online transactions giant announced it had signed a deal with OpenAI, enabling instant checkout on the chatbot for millions of...
GM plans to launch conversational AI in some vehicles next year
KITT is here, and it’s a Buick. At a software event on Wednesday, GM execs said that as early as next year, the owners of select vehicles will be able to chat with their vehicle via Gemini AI. Accor...
OpenAI has an army of ex-investment bankers making financial models to train ChatGPT
OpenAI is looking for its killer app for the business world. After all, you can only sell so many $20 monthly subscriptions to consumers — which currently accounts for 70% of its $13 billion annually ...
Analysts generally like what they heard from Oracle, but shares are down
The big news out from the AI World conference was broadly positive: that margins on cloud infrastructure can be as high as 35% , and that the company predicts $166 billion in infrastructure revenue b...
Oracle jumps as it says AI cloud gross margins can reach 35%, predicts $166 billion in infrastructure revenue by 2030
shares jumped as executives said the company expects 35% gross margins on large AI infrastructure projects, while speaking at the Oracle AI World conference in Las Vegas, according to Bloomberg.
Uber launches “digital tasks” in the US, paying some drivers to train AI
Beginning later this fall, US drivers will be able to earn money by completing short “digital tasks” like uploading restaurant menus or recording audio samples. CEO Dara Khosrowshahi teased the new g...
Snowflake jumps on Palantir partnership announcement
jumped after announcing a partnership deal with AI software and defense data company , in which Snowflake’s AI-focused data storage product — called “AI Data Cloud” — is integrated into Palantir’s Fou...
Report: Anthropic is catching up to OpenAI, on track for $9 billion annual run rate by the end of 2025
Strong demand for its enterprise AI tools like Claude Code has pushed Anthropic’s annual revenue run rate to $7 billion this month, according to a report from Reuters, with the Amazon-backed company o...
Salesforce rises after forecasting revenue north of $60 billion by 2030, with double-digit sales growth expected to return
rose as much as 6% in early trading Thursday after issuing an upbeat revenue target and projecting a return to “ double-digit growth ” within the next 12 to 18 months. At an investor event Wednesday, ...
OpenAI to offer Walmart products for sale through ChatGPT
is partnering with OpenAI to enable shoppers to purchase products directly through ChatGPT, an executive for the retail giant told Bloomberg. Soon, ChatGPT users will be able to look up Walmart produc...
Stitch Fix CEO lays out his three-phase plan to rebuild using AI and human connection
After two years of heavy lifting, is quietly stitching itself into a new shape. Once best known for its subscription styling boxes, the online personal styling service is emerging from a sweeping tra...
Why Wall Street is unbothered by any margin weakness in Oracle’s GPU rental business
When reached a megadeal with OpenAI at the start of the week, Wall Street went bananas and the shares did too, with more than 20 analysts raising their price targets in the 24 hours following the ann...
Tempus AI shares surge to all-time high
Shares of jumped over 7% Wednesday to reach an all-time high of $99.90. Shares of the AI medical diagnostics company are up over 191% for the year so far. The company has recently announced a flurry ...
Oracle tumbles after report that it’s lost nearly $100 million from renting out access to Nvidia’s Blackwell chips
You buy flagship chips because they’re supposed to be best in class, empowering you to build better AI capabilities or make lots of money off other companies that want to harness the power of the AI ...
IBM rises after announcing partnership with Anthropic that will integrate Claude into IBM’s software portfolio
jumped as much as 7.5% in early trading on Tuesday after announcing that the company is partnering with Anthropic to integrate its AI model Claude into IBM’s software offerings. No financial details w...
Tension emerges between Meta’s AI teams
Long before Mark Zuckerberg pivoted away from its quest for virtual reality to “bring personal superintelligence to everyone,” Meta’s research group FAIR was a powerhouse of important AI research, in...
Taco Bell is named the fastest drive-thru for a fifth year, but it may have lost a human touch with AI
At first glance, it seems as though AI drive-thrus, developed with to deliver even faster fast food, are paying off... bar the odd 18,000 water cups . According to the QSR Drive-Thru Report for 202...
Tempus AI shares rise following executive order promoting AI to produce solutions for pediatric cancer
Shares of AI medical diagnostics company have shot up over 5% today. The stock is up over 150% for the year. Yesterday, President Trump signed an executive order to boost the use of AI to “produce me...
Meta will begin using your AI chats to target you with ads
When rolls out a new product, the company usually waits until that product has a billion users before turning on the ads. In May, Meta announced that Meta AI has crossed that threshold , saying that ...