artificial intelligence

As investors debate whether Space Exploration Technologies Corp’s (NASDAQ:SPCX) blockbuster valuation can be justified, one space economy expert says they may be focusing on the wrong metric. The bigger story isn’t that SpaceX isn’t profitable. It’s that the company may be...

Oracle Corp. (NYSE:ORCL) is on pace for its worst week since September 2002, with shares down roughly 15% for the week. The weekly drawdown ranks among the most severe in Oracle’s history as a public company — even though its fiscal fourth-quarter results, reported June 10, beat Wall Street...

OpenAI has acquired cloud-based developer Ona to power Codex with secure, customer-controlled cloud infrastructure for long-running AI agents that can continue working across devices and sessions even after a browser is closed or a computer is shut down. The ChatGPT parent company said the...

An OpenAI employee who joined dozens of industry peers in filing an amicus brief supporting Anthropic in its legal battle against the Pentagon said he is withdrawing his signature.  In a post on X, Brian Fioca cited Anthropic’s decision to reverse a policy that had limited competitors...

Prometheus, the industrial-focused AI venture led by Jeff Bezos, has raised $12 billion in a Series B funding that values the company at $41 billion. The financing marks one of the largest recent private rounds and signals investor appetite for AI aimed at redesigning how complex hardware...

Shares of Oracle Corp (NYSE:ORCL) tanked on Thursday even after the software company reported upbeat fiscal third-quarter results. Here are some key analyst takeaways from the event: Piper Sandler analyst Billy Fitzsimmons maintained an Overweight rating, while lifting the price target from $210...

Arm Holdings plc (NASDAQ:ARM) stock gained almost 7% on Thursday as a fresh round of analyst target updates kept the spotlight on the name during a broadly risk-on session for growth stocks. Wall Street analysts raised their price forecasts, citing growing optimism around the company's data-center...

Anthropic CEO Dario Amodei has warned that increasingly powerful AI systems cannot be safely entrusted to governments or corporations alone, arguing that both require meaningful checks and balances as artificial intelligence becomes more capable. In an essay published Wednesday, Amodei also said...

Investor Kevin O’Leary said investors should avoid trying to predict a single winner among the highly anticipated IPOs of OpenAI, Anthropic and SpaceX, arguing that owning all three may be the smarter long-term bet. O’Leary Calls For Diversification As AI IPO Wave Approaches Speaking on...

The latest inflation data offered fresh evidence that price pressures remain contained, even as investors continue to wrestle with concerns over interest rates, fiscal deficits and an increasingly fragmented geopolitical landscape. Yet for some of Wall Street’s largest alternative asset...

Standard Bots has raised $200 million in a Series C funding round that values the robotics company at $1 billion. The round comes as the manufacturer looks to accelerate production of AI-driven industrial automation systems. RoboStrategy, a robotics-focused fund, led the effort alongside General...

Artificial intelligence startup Poetic has raised $50 million in a Series A funding round led by Kleiner Perkins, valuing the company at $500 million as it expands its enterprise automation platform for complex, high-stakes workflows. Founders Fund, First Harmonic and OpenAI also participated in...

A clean split has opened up inside enterprise software this year. Most of the group is sliding. A small cluster of names is soaring. And Bank of America thinks the gap is only going to widen. • Datadog stock is trading near recent highs. What’s next for DDOG stock? The five stocks...

The AI race has no shortage of contenders, but Palantir Technologies Inc‘s (NASDAQ:PLTR) co-founder Joe Lonsdale knows exactly where he would place his bet today. Appearing on CNBC’s Squawk Box, the Palantir co-founder was asked a simple question: if he could choose between investing...

Fusion energy has long been the technology of the future. The U.S. Department of Energy just put a target date on when it wants that future to arrive. The DOE on Tuesday released its finalized Fusion Science and Technology Roadmap, outlining a national strategy aimed at supporting fusion pilot...