Tag: Artificial Intelligence

Brookfield is targeting a massive artificial intelligence data center in the north of England, as Europe scrambles to develop infrastructure to support the rollout of AI amid high energy and land costs.

Anthropic’s revenue growth slowed sharply in the third quarter and the AI startup flagged new risks to the computing capacity ‌underpinning its rapid expansion, adding to the concerns investors may need to weigh ahead of its blockbuster IPO.

AI lab Anthropic will sell up ​to 552.9 billion ‌yen ($3.5 billion) worth of shares in Japan as part ​of its US ​public listing, a filing showed ⁠on Monday.

SpaceX, is in talks to buy EchoStar’s, wireless service Boost Mobile or gain access to its network, ​which it leases from AT&T, and T-mobile, the Washington Post reported ‌on Monday.

Marvell Technology, is buying optical components maker Lumentum, in a $115 billion all-stock deal, including debt, as the custom chipmaker looks to challenge larger rival Broadcom,  and take advantage of the AI spending boom.

Yahoo Finance Markets and Data Editor Jared Blikre joins Jake Conley on Market Domination Overtime to deliver Alphabet third-quarter earnings. 

Anthropic is expected to publicly file its S-1 registration statement at 9 a.m. ET on Monday, with a mid-November IPO still on track despite shifting market conditions, Fox Business reporter Liz Claman reported on X.

Meta is planning to raise $95bn in one of the largest-ever stock offerings to fuel its massive AI infrastructure spending, backed by chipmakers Nvidia, AMD and Broadcom, who will act as cornerstone investors.

Verizon, raised its annual forecast for wireless subscriber additions on Monday, betting on strong demand for its simplified plans, ​and signed an AI infrastructure deal worth more than $2 ‌billion with Amazon Web Services.

Barclays said it is cutting ​around 5,000 jobs or 5% of its workforce this year, as it uses technology such as AI to slash ‌fixed costs and improve returns.

SpaceX shares climbed about 8% in extended trading on Tuesday after the company reported 161% revenue growth for the third quarter, beating Wall Street estimates.

OpenAI will make its frontier artificial intelligence models and Codex coding agent available through Google Cloud in the coming weeks, the companies said on Wednesday, deepening ties ​between two rivals and underscoring how major cloud providers are becoming key ‌distributors of top AI models.

SpaceX jumped in premarket trading on Wednesday after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.

Shares in a South Korean data centre builder sank by nearly a third on their first day of trading, adding to growing investor concern about valuations in the AI sector.

A little over a month ago, Anthropic and AI infrastructure provider Nscale announced a $45 billion compute deal. Now the duo may be about to do it again.

Oracle and AstraZeneca announced a non-binding agreement to explore how AI and real-world data can be used to identify eligible patients for clinical trials, accelerate evidence generation, and bring research insights into clinical care workflows, according to a press release issued Oct. 20, 2026.

Tim Cook and Mark Zuckerberg have clashed for years, but with John Ternus taking the reins at Apple, the rivals are finding common ground in artificial intelligence.

Amazon on Thursday unveiled two new Bee listening devices, including a wearable and a credit card-sized voice recorder, marking its latest push into the AI gadget market.

Anthropic told investors its third-quarter revenue stands at $16.8 billion as it prepares for a highly anticipated initial public offering reportedly slated for November, according to people familiar with the matter.

CoreWeave’s stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily for the artificial intelligence build-out. Shares of the so-called neocloud nosedived 15.5%, while yields on its debt jumped higher.