artificial intelligence

Anthropic has become one of the biggest winners of the artificial intelligence boom, with revenue growth that few software companies can match. But according to Palantir Technologies Inc. (NASDAQ:PLTR), the explosive adoption of AI tools may be exposing a new problem for enterprises: the bill. At a...

Venture capitalist Chamath Palihapitiya said artificial intelligence (AI) could reshape the U.S. economy by significantly boosting growth and doubling incomes for hundreds of thousands of workers through large-scale job upskilling. AI-Driven Wage Gains And GDP Surge Outlook On Tuesday, in a post on...

Sen. Elizabeth Warren (D-Mass) warned that the rapid expansion of artificial intelligence infrastructure is increasing electricity demand while private equity firms move to capitalize on the energy shift by acquiring utility companies. AI Energy Demand And Private Equity On Tuesday, in a post on X...

Gene Munster, managing partner and co-founder of Deepwater Asset Management, believes SpaceX‘s upcoming public debut on June 12 is more than just another high-profile IPO. In a post on X Tuesday, Munster described the IPO as “arguably the most exciting event in tech history,...

Thoma Bravo, co-founder Orlando Bravo, said that worries surrounding artificial intelligence wiping out software-as-a-service businesses have cooled, arguing that new AI capabilities are lifting, not crushing, many software vendors. "The SaaSpocalyse is over. It's finished, no more. It wasn't a...

Cursor has climbed to a $4 billion annualized revenue pace as it nears a deal that could place it under Elon Musk’s SpaceX umbrella. The jump in valuation signals rapid growth even as well-funded rivals push harder into AI-assisted software development. The run-rate figure was said to have...

A blog post published by OpenAI is urging governments to create a global body that could monitor advanced artificial intelligence work and even push developers to ease off when risks start to outstrip safeguards. The post entitled "Built to benefit everyone: our plan," which was authored by CEO Sam...

Apple Inc (NASDAQ:AAPL) stock is trading lower Tuesday as investors digest updates shared by the company at Monday's WWDC event. Here's what analysts are saying about the updates and the stock. Wedbush analyst Dan Ives maintained an Outperform rating on Apple stock with a price target of $400....

Legendary investor Bill Ackman has positioned the Pershing Square Capital portfolio to include several Magnificent Seven stocks that are benefitting from artificial intelligence and may be undervalued by investors. Here's Ackman's top stock picks and a software stock he told investors he would...

Sen. Adam Schiff (D-Calif.) introduced legislation to impose new safeguards on the Defense Department's use of artificial intelligence (AI), including limits on domestic surveillance and requirements for human control over lethal decisions. Schiff Pushes AI Guardrails On Monday, Schiff announced...

Economist Mohamed El-Erian said investors should pay closer attention to “sources and uses of funds” as OpenAI joins SpaceX and Anthropic in tapping public markets, warning that a wave of IPOs is arriving alongside heavy borrowing needs from corporations and governments. In a post on X...

As Meta Platforms, Inc. (NASDAQ:META) accelerates its AI infrastructure buildout, CEO Mark Zuckerberg says the U.S. will need a massive, skilled workforce to support the next phase of artificial intelligence development. Meta Launches Workforce Academy On Monday, Meta announced that it is investing...

PhysicsX announced its oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion. The round was led by Temasek, with participation from new investors including M&G Investments and Intrepid Growth Partners. Existing investors included Applied Materials, General...

Deepwater Asset Management's Gene Munster has high hopes for the 2026 Worldwide Developers Conference (WWDC) from Apple Inc (NASDAQ:AAPL). Here's why he believes this year's event could be “the most important WWDC” in the 43-year history of the event. 2026 WWDC Preview Well-known tech...

Marvell Technology Inc. (NASDAQ:MRVL) will be added to the S&P 500 index effective before the market opens on June 22 — the Q2 quarterly rebalance — alongside contract manufacturer Flex Ltd. (FLEX).  The two companies replace Campbell’s Co. (NASDAQ:CPB) and Pool Corp. (NASDAQ:POOL),...