artificial intelligence

Recent congressional purchases of Marvell Technology Inc. (NASDAQ:MRVL) are back in the spotlight after shares of the AI-focused chipmaker surged Tuesday, fueled by Nvidia CEO Jensen Huang’s “next trillion-dollar company” prediction and growing enthusiasm around AI infrastructure...

Best known for years as a company powering smartphones, Qualcomm Inc (NASDAQ:QCOM) stock has surged over the last year as the technology giant continues to diversify its revenue stream and advance its position in key growth areas like artificial intelligence and data centers. The company made its...

Anthropic's move toward a public listing is putting a rare corporate structure in the spotlight: a Silicon Valley heavyweight built not just to maximize shareholder value, but to balance profit with a legally defined public mission. The AI company, best known for its Claude chatbot, is organized as...

OpenAI has hired former Ironclad CEO Jason Boehmig to lead its product team responsible for building products for the legal industry. "Today I am filled with hope. It's my first day at OpenAI, leading product for the legal vertical. I feel lucky to be here," Boehmig said in a LinkedIn post...

Broadcom Inc (NASDAQ:AVGO) could show growing market share and backlog when the company reports second-quarter financial results on Wednesday after market close. Here are the earnings estimates, what experts are saying ahead of the report and the key items to watch. • Broadcom shares are...

For decades, Silicon Valley sold investors a familiar myth: great companies emerged from garages, dorm rooms, and brilliant founders. The government played a supporting role, if any role at all. But as two of the most anticipated IPOs in history approach, Anthropic and SpaceX exemplify the next...

Palo Alto Networks, Inc. (NASDAQ:PANW) heads into earnings, up more than 60% year-to-date, near all-time highs, but one investor believes the stock’s rally may be tied to a larger trend, not just cybersecurity. According to Gabelli Funds portfolio manager John Belton, “a second ChatGPT-...

Buried in SpaceX’s amended IPO filing was a major increase in the company’s revolving credit facility. The Elon Musk-led company expanded the facility from $1.5 billion to $5 billion. That’s a 233% jump that significantly boosts the company’s financial flexibility as it...

Investors have spent the last two years chasing AI winners such as Nvidia Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT) and Amazon.com, Inc. (NASDAQ:AMZN). But according to Wedbush analyst Dan Ives, another group may be quietly benefiting from the AI revolution: the cybersecurity companies. As...

Google-parent Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) $80 billion AI fundraising effort may be one of the most important signals yet about the economics of artificial intelligence. After all, Alphabet isn’t short on cash. The company ended the first quarter with roughly $126...

Israeli networking software company DriveNets announced Monday it has raised $410 million in a funding round that included new investor Advanced Micro Devices Inc. (NASDAQ:AMD), as its focus broadens from artificial intelligence (AI) chips to the networking infrastructure powering large-scale...

France secured €53 billion ($61.7 billion) in artificial intelligence-related investment commitments from Japan’s Softbank Group Corp. (OTC:SFTBY) and Amsterdam-based AI cloud services firm Nebius Group N.V. (NASDAQ:NBIS), marking one of the largest artificial intelligence infrastructure...

Jim Cramer said Monday he believes OpenAI may be preparing to go public soon, while warning that investor capital could become stretched amid growing demand for exposure to leading artificial intelligence companies. Cramer said in a post on X that OpenAI appears ready to go public “real soon...

Shield AI is facing a lawsuit that accuses a senior official of "profane, egregious" sexual harassment as well as alleged fraud and safety misconduct involving other employees. Jacob Miller is suing Shield AI after he was put on "retaliatory administrative leave" in December. Miller says that...

Penguin Solutions Inc (NASDAQ:PENG) shares are rising in extended trading Monday after the company announced a CFO transition and provided an update on its full-year outlook. Penguin Solutions shares are testing new highs. Why is PENG stock breaking out? Penguin Solutions Announces CFO Transition...