AI News

Berkshire Hathaway tripled its stake in Alphabet, a company whose AI chips threaten to take market share from Nvidia GPUs.

(Bloomberg) -- Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullish on the surface, it may be more of a warning sign than a green light for investors.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-President B

(Bloomberg) -- Wiwynn Corp., one of the biggest makers of Nvidia Corp. servers, warned of shortages developing in vital data center components beyond just memory chips, potentially slowing or inflating the cost of a global AI infrastructure buildout.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-President Biden Sues to Stop DOJ Sharing Inte

The Vanguard Mega Cap Growth ETF has obliterated the S&P 500 since its inception in 2007.

Early SpaceX investor Peter Diamandis reignited merger speculation by saying a Tesla-SpaceX merger is “not a matter of if but only a matter of when.”

Average revenue per user for SpaceX's Starlink satellite internet service is falling.

There's a good argument for a stock split from the memory superstar.

Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply ‌shortages constrain its expansion plans. The move underscores the industry's rapid shift toward "inference," where AI models are deployed to perform agentic tasks ‌that demand more from CPUs, working in tandem with the graphics chips made by Nvidia that have dominated the AI boom. The shift has created a shortage of CPUs in recent ​months, and global hyperscalers including Alphabet's Google, Amazon and Microsoft are also developing their own custom CPUs to reduce costs and tailor performance to their specific workloads.

Meta also announced the global rollout of the subscription plans for its flagship apps, Instagram, Facebook, and WhatsApp.

Gold is taking a breather after last year's blistering rally.

SoFi's scaling of its fintech business could create significant shareholder value.

May 28 (Reuters) - Foreign investors bought Japanese stocks for the eighth straight week through May 23, as oil prices eased and AI-related shares rallied on robust demand outlook.

Speculation is building that Tesla (NasdaqGS:TSLA) and SpaceX could pursue a merger after a potential SpaceX IPO, with some early SpaceX investors publicly calling such a move inevitable. Reports indicate Elon Musk and close colleagues are actively weighing a combined structure that could link capital allocation, AI development, and global infrastructure across both companies. Discussion around super voting control, shared technology platforms, and deeper operational ties is intensifying as...

Earlier this week, IREN Limited agreed to a roughly US$1.60 billion purchase of Dell systems using Nvidia’s Blackwell GPUs for its Childress, Texas data centers, aiming to support a previously announced five‑year US$3.40 billion managed AI cloud services contract and lift projected annualized run‑rate revenue from US$3.70 billion to US$4.40 billion by early 2027. The deal underlines how IREN’s access to next‑generation Nvidia hardware via Dell is becoming central to its effort to reposition...

How resilient will the economy be amid the current bout of inflation?

The rocket and satellite company is preparing for what could be the biggest initial public offering in history -- and at the reported targeted valuation, it would already be larger than its CEO's other megacap company.

Microsoft, ticker NasdaqGS:MSFT, is at the center of a new $9.7b, five year enterprise software consolidation contract with the U.S. Department of Defense. The company has also joined Amazon, Google, and Meta in launching the Data Center Innovation Initiative focused on clean energy and sustainable materials for data centers. These moves touch on U.S. government technology adoption, long term software standard setting, and the environmental profile of AI and cloud infrastructure. Microsoft...

Tesla CEO Elon Musk let investors know early on that 2026 would be an expensive year for the company. Coming off of its first-ever decline in revenue and its second consecutive year of falling deliveries in 2025, 2026 was always going to be a pivotal year for the electric vehicle maker. Musk ...

Developing-world nations are offering billions of dollars in incentives for U.S. data centers, but locals say the cost is too high.

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang has reportedly agreed to join the advisory board of one of China's most prestigious universities. Nvidia CEO Joins Elite Tsinghua Advisory Board Huang accepted an invitation to join the advisory board of Tsinghua University School of Economics and Management, the Financial Times reported on Wednesday, citing people familiar with the matter. The board includes some of the world's most prominent business leaders. It has Apple Inc. (NASDAQ:AAPL) CEO Tim C

This former telecom wreck now has $13 billion in AI contracts. Here's why it's still under the radar.

According to the complaint, a Google engineer risked over $2.7 million on wagers related to Google's 2025 Year in Search campaign.

By Dietrich Knauth NEW YORK, May 27 (Reuters) - The U.S.

Snowflake shares soared 36% after-hours on signing an AI deal with Amazon and buying Natoma, a platform for enterprise AI agents.

Dell Federal Systems, a unit of the company dedicated to serving the government, wins a US defense contract.