AI
Jane Street, a Trading Firm With No AI Product, Now Holds $19 Billion in GPU Contracts
Crusoe closed more than $3 billion at roughly a $30 billion valuation, nearly tripling the mark set in its Series E eleven months ago. Almost every…
Section
AI
Artificial intelligence news, tools, and industry coverage
AI
After Turning Down Nvidia at $7 Billion, Hugging Face Is Selling to Nvidia for $12.9 Billion
Nvidia has agreed to acquire Hugging Face for about $12.9 billion, according to The…
AI
Most of Salesforce’s Record Earnings Beat Was an Unrealized Gain on Anthropic
Salesforce closed up 22.6% on Thursday, the second-best trading day in the company’s history…
AI
Why Tech’s 127,180 Job Cuts in 2026 Are Funding a $690 Billion Compute Bill
With four months still to run, 2026 has already been a worse year for…
AI
XPeng Raised $900 Million for Its Robot Unit at a $6.3 Billion Valuation Before Selling a Single IRON
XPeng’s robotics business has never shipped a product to a paying customer, and investors…
AI
Nvidia Is Raising AI Server Prices More Than 15%, and the Memory Makers Are the Reason
For three years Nvidia has been the company that sets the price of artificial…
AI
Anthropic’s $2 Trillion IPO Target Came From Its Investors, Not From Anthropic
The number moving around Wall Street is $2 trillion, in October, on a listing…
AI
Google Handed Marvell a $12.2 Billion Warrant and Broadcom Lost $87 Billion in a Day
Marvell Technology stock popped about 10% on Wednesday after Alphabet’s Google secured the right…
AI
Spirit Airlines’ Email Archive Sold to Google for $10 Million in Bankruptcy Court
Spirit Airlines spent two decades teaching Americans that a plane ticket could cost less…
AI
Nvidia Will Backstop $105 Billion So OpenAI Can Rent the Chips Nvidia Sells It
Nvidia said on Monday it will guarantee up to $105 billion in financing for…
AI
Baidu’s GPU Cloud Grew 283% and Revenue Still Fell 4%, Which Is the Whole Problem
Baidu reported second-quarter revenue of RMB 31.3 billion on Tuesday, down 4% from a…
AI
Stripe’s $7 Billion OpenRouter Deal Buys the Meter, Not the Model
Stripe has finalized an agreement to acquire OpenRouter for more than $7 billion, according…
AI
Cisco Needs $3.7 Billion of AI Orders Tonight to Make Its $9 Billion Year Work
Cisco reports fourth-quarter and full-year fiscal 2026 results after the close today, with the…
AI
Nvidia Just Made Its GPUs Collateral, and Six Wall Street Firms Signed On for $500 Billion
AI
Zuckerberg’s 6,500-Word AI Manifesto Is a Pricing Attack on OpenAI and Anthropic
AI
Brussels Wrote AI Rules a Year Ago and Only Just Got the Power to Enforce Them
AI
Anthropic Is Hiring Chip Designers at $485,000 to Stop Renting Its Margin From Nvidia
AI
Shopify Jumped 25% on AI Orders It Spent Nothing to Build
AI
Sam Altman Says AI Should Pace Itself, Weeks After His Models Broke Out Of Their Cage
AI
Nvidia Jumps 3.8% as Cloud Giants Line Up $886 Billion in AI Capex
AI