News

This AI lab just hired the person who built Google’s most guarded hardware program. That is not a coincidence.

Aug 24 (Reuters) - Alibaba shares fell 8% in early Hong Kong trade on Monday after the tech company finalised a HK$80 billion ($10.21 billion) share placement at HK$112.70 apiece, in a deal aimed at

AI startup Hugging Face has been exploring a sale that could ‌value the company at $13 billion or ‌more, Business Insider reported on Sunday, citing people familiar with ​the matter. The New York-based company, which hosts open-source large language models and datasets, has been working with a bank to gauge bidders' interest, the ‌report said. • Hugging Face did not immediately respond to a Reuters ⁠request for comment outside regular business hours.

Verizon Communications (NYSE: VZ) has launched an exclusive Google Pixel 11 lineup alongside new Simplicity and Simplicity Pro wireless plans. The new offers package Google AI features with flexible yearly device upgrade options for Pixel 11 customers. Verizon is removing upgrade and activation fees for these plans, positioning the Pixel 11 launch as a broader push into value added wireless services. Verizon is not the only company tying its growth plans to AI driven consumer and network...

Google has expanded its partnership with Marvell. Here’s how to play MRVL stock here.

Texas Gov. Greg Abbott delivered one of the starkest warnings yet from a Republican to the AI industry, saying data center companies "dug their own grave" and deserve the backlash they're facing after failing to win community support.

Berkshire Hathaway's new CEO has the firepower to make big deals, and his first deal reveals how he's likely to approach acquisitions.

AWS just posted its fastest growth in 18 quarters, yet Amazon shares have cooled off while its fundamentals have raced ahead. One corner of its valuation tells a very different story from what the stock price suggests.

Alibaba is seeking roughly $10 billion in a Hong Kong share sale, with proceeds earmarked for full-stack AI investment.

Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond market. This week he took a stab at it himself.

Nvidia reported its Q2 earning on Wednesday.

Nvidia reported its Q2 earning on Wednesday.

Nvidia will report its Q2 earnings after the bell on Aug. 26.

Nvidia will report its Q2 earnings after the bell on Aug. 26.

Nvidia will report its Q2 earnings after the bell on Aug. 26.

Nvidia will report its Q2 earnings after the bell on Aug. 26.

Nvidia customers reportedly face AI server price hikes above 15% next year as DRAM costs surge ahead of Wednesday's earnings.

According to Rosenblatt’s Scott Devitt, Amazon (NASDAQ:AMZN)’s leading position in artificial intelligence remains underappreciated. This bold claim was made in a recent research note on August 19, where Devitt initiated coverage on the stock with a $335 price target. The firm anticipates AWS to exit 2026 at a 45% growth rate, compared with the Street’s […]

Meta, Microsoft, and TSMC are all Buffett-style compounding stocks.

The price-to-earnings metric has some oddities associated with it.

Reddit just turned profitable with a 24.1% net margin, while Rigetti burns cash chasing quantum breakthroughs, a stark contrast in risk and reward.

Investing.com -- Rising memory chip costs are pushing up the price of servers that use Nvidia Corp’s artificial intelligence chips, with some of the chipmaker’s biggest customers facing increases of more than 15%, Bloomberg News reported on Saturday, citing people familiar with the matter.

Amazon, Alphabet, and Taiwan Semiconductor remain well positioned to keep winning amid the AI infrastructure build-out.

Has Wall Street stopped panicking about AI chatbots destroying Alphabet Inc.’s (NASDAQ:GOOGL)’s traditional search business? On August 19, Analyst Scott Devitt initiated coverage on the stock with a Buy rating, noting how concerns around Search have largely played out. However, declaring a multi-year risk narrative to be effectively over is a bold assertion worth stress […]

Abel has been increasing Berkshire's position in a less-followed mid-cap stock.

Dan Loeb's Third Point exits Broadcom ahead of second-quarter results as the stock has surged in 2026.

Some of Nvidia's largest customers have been told prices of servers ‌containing its AI chips will rise by ‌more than 15% in many cases with memory chip ​costs soaring, Bloomberg News reported on Saturday. The price hikes will go into effect on systems shipped early next year and will impact systems including ‌those with the ⁠flagship Vera Rubin and Grace Blackwell chips, the report added, citing people familiar ⁠with the process. The increases will depend on Nvidia's chip generation and memory configurations, they ​said.

Marvell handed Google a path to a multibillion-dollar stake. The terms decide whether that helps or hurts the stock.

Nvidia gets the headlines, but Microsoft is quietly sitting on an asset that converts AI hype into locked-in revenue at a scale most investors haven't priced in yet.

The biggest cloud companies are now recycling almost every dollar of cloud revenue straight back into AI infrastructure, and UBS's latest projections reveal just how far this spending spiral could go before it peaks.