Tag: artificial intelligence
BofA Reveals the Top Investment Themes to Watch in 2026
Analysts at BofA Securities say investors are currently pricing in a “goldilocks” environment for the global economy. Asset valuations are close to record highs,...
Oracle Stock Surges as Analysts Say Bearish Fears Are Wrong
Oracle shares climbed more than 5% at Wednesday’s open after analysts at Deutsche Bank and HSBC defended the stock. Their comments came after a...
AI Begins to Slow U.S. Job Market as Economy Stalls
The latest Federal Reserve Beige Book, released on Wednesday, shows that the U.S. economy remained largely unchanged even as consumer spending continued to ease...
WSJ: Musk’s xAI Nears a Massive $15B Raise at Sky-High $230B...
Elon Musk’s artificial intelligence startup xAI is reportedly in advanced talks to raise $15 billion in new equity at a valuation of $230 billion,...
xAI Secures $15 Billion in New Funding, CNBC Reports
Elon Musk’s company xAI has raised $15 billion in a Series E funding round, according to a CNBC report that cited people familiar with...
OpenAI Battles Order to Reveal Millions of ChatGPT Chats
OpenAI Fights Court Order to Hand Over 20 Million ChatGPT Logs
OpenAI has asked a federal judge in New York to overturn an order requiring...
Anthropic Bets $50 Billion on Massive U.S. Expansion
Anthropic to Invest $50 Billion in New U.S. Data Centers
AI startup Anthropic announced plans to invest $50 billion to build new data centers across...
UBS: AI Spending to Top $500 Billion by 2026
UBS Forecasts Global AI Spending to Surpass $500 Billion by 2026
UBS projects that global capital expenditure on artificial intelligence (AI) will climb above half...
U.S. Job Market Shaken as October Layoffs Reach 20-Year Record
U.S. Layoffs Surge to 20-Year High in October as Companies Tighten Costs and Embrace AI
U.S. employers announced more than 150,000 job cuts in October,...
Nvidia CEO Says China Poised to Lead Global AI Race
Nvidia CEO Warns China Set to Lead AI Race Amid U.S. Energy and Regulatory Hurdles
Nvidia CEO Jensen Huang warned that China is likely to...
