Tag: Software

Stellantis NV is teaming up with Microsoft Corp. to accelerate deployment of artificial intelligence software across its cars and operations to improve customer experience.

OpenAI has abandoned plans to rent compute capacity directly from a Norwegian data center, days after confirming it paused a similar project in the U.K.

Oracle is poised to make a quick buck off an investment in Bloom Energy.

Sandisk stock was rising on Monday after Nasdaq said it would be adding the flash memory product supplier to the Nasdaq 100 index.

CoreWeave added to its growing roster of big-name customers Friday, announcing a multi-year deal with artificial-intelligence start-up Anthropic.

BlackBerry (BB) on Thursday forecast first-quarter revenue above estimates, as the Canadian software ​company’s turnaround gains traction on the back of strong demand across ‌its cybersecurity and embedded software divisions.

CoreWeave (CRWV) stock rose sharply Thursday after the cloud infrastructure provider unveiled an expanded deal with Meta Platforms (META) worth roughly $21 billion.

Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt ​financing to build an Oracle (ORCL), data center in Michigan, ‌Bloomberg News reported on Tuesday, citing people familiar with the matter.

Oracle on Monday appointed Hilary Maxson as chief financial officer, tapping ​an executive with experience in infrastructure and ‌energy to steer its efforts to meet surging demand for artificial intelligence and cloud services.

Baidu’s Apollo Go robotaxis reportedly stopped mid-traffic, trapping passengers and resulting in highway collisions on the streets of the Chinese city of Wuhan on Tuesday, according to videos shared on social media.

OpenAI has raised $122 billion ahead of its planned initial public offering. The ChatGPT developer got its biggest backing from Amazon.com (AMZN) as it looks to lessen its dependence on Microsoft (MSFT).

Microsoft ​plans to invest more than $1B between 2026 and 2028 in cloud and AI infrastructure and ongoing operations in Thailand.

Unity Software shares jumped 13% in after-hours trading Thursday after the company reported preliminary first quarter results that exceeded guidance and announced plans to exit non-strategic advertising businesses.

Elliott Investment Management is going back into the chip business by taking a stake in Synopsys. History suggests that the activist investor knows what it’s doing.

Adobe’s battered shares fell another 7% on Friday as news that the Photoshop maker’s long-time CEO will step down cast fresh doubts over its strategy to battle mounting AI competition.

Atlassian said on Wednesday that it’s eliminating 10% of its workforce, or about 1,600 jobs, as the company restructures following a plunge in its stock price driven by developments in artificial intelligence.

AI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues.

MongoDB stock was tumbling in premarket trading Tuesday after the document database company provided disappointing first-quarter guidance.

SAP SE Chief Executive Officer Christian Klein announced a plan to shake up its executive board and said he will personally boost his focus on artificial intelligence as Europe’s most valuable software company faces increasing pressure from the technology.

Block Inc (XYZ) shares soared more than 22% in premarket U.S. trading Friday after the payments company said it would cull nearly half its workforce as part of an effort to embed artificial intelligence deeper into its operations.