Tag: Artificial Intelligence

Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce, even as the company’s executives talked up its AI revenue growth.

AI data centers in space are looking like a thing after all. And even if Elon Musk’s trillion-dollar rocket company SpaceX isn’t the one running the data centers, it will be the one to put computing power in orbit.

Artificial intelligence chipmaker Cerebras Systems has increased the estimated price range for its initial public offering. It’s now looking to sell at $150 to $160 per share, according to a Monday filing, up from the range of $115 to $125 that it disclosed last week.

Insatiable demand for artificial-intelligence hardware led CoreWeave to report its strongest quarter ever of new business deals on Thursday. But the company’s earnings missed expectations and provided weak guidance.

U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices’ (AMD.O), strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur ​the next leg of spending.

Artificial intelligence chipmaker Cerebras aims to raise as much as $3.5 billion by going public on the Nasdaq. The company is looking to sell 28 million shares, for $115 to $125 each, according to an updated prospectus it filed on Monday.

Small defense industry artificial intelligence startups are suddenly fielding calls from generals, combatant commanders and deep-pocketed investors, after the souring relationship between the Pentagon and its ​once-favored AI vendor, Anthropic, reinforced the need to diversify and increase the number of AI providers for the military.

Η Info Quest αναλαμβάνει τη διάθεση των καινοτόμων λύσεων της Corsight AI στις αγορές της Ελλάδας, της Κύπρου, της Μάλτας και της Ρουμανίας, αξιοποιώντας την εκτεταμένη τεχνογνωσία της σε λύσεις enterprise και cyber security

Artificial intelligence start-up Anthropic is hosting a live virtual demonstration of its Claude chatbot’s newest capabilities on Tuesday morning.

Στρατηγική επιλογή υψηλής πολιτικής και γεωοικονομικής σημασίας συνιστά η συμμετοχή του πρωθυπουργού Κυριάκου Μητσοτάκη στο India AI Impact Summit 2026, που πραγματοποιείται στο Νέο Δελχί σήμερα 18 και αύριο 19 Φεβρουαρίου, υπογραμμίζουν κυβερνητικές πηγές.

India’s Adani on Tuesday announced plans to invest $100 billion to develop renewable energy-powered AI-ready data centers by 2035, seeking to establish the world’s largest integrated data center platform.

The Walt Disney Co. on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make videos with its copyrighted characters on its Sora app.

Anthropic, the AI startup behind the popular Claude chatbot, is in early talks to launch one of the largest initial public offerings as early as next year, the Financial Times reported Wednesday. 

OpenAI CEO Sam Altman told employees he was declaring a “code red” to improve ChatGPT and is planning to delay other initiatives, such as advertising, The Information reported on Monday, citing an internal memo.

OpenAI has finalized a secondary share sale totaling $6.6 billion, allowing current and former employees to sell stock at a record $500 billion valuation, according to a person familiar with the transaction.

OpenAI generated approximately $4.3 billion in revenue during the first six months of 2025, according to a report published Monday by The Information.

Anthropic on Tuesday announced Claude tools for financial services as part of the artificial intelligence startup’s latest attempt to court enterprise customers.

XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said.

The Trump administration is readying a package of executive actions aimed at boosting energy supply to power the U.S. expansion of artificial intelligence, according to four sources familiar with the planning.

Accenture (ACN.N), beat Wall Street estimates for third-quarter revenue on Friday, driven by growing demand for the consulting giant’s AI-driven services from enterprise customers.