Noam Shazeer's move adds another twist to the fight for top AI talent.
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Dividend stocks aren't necessarily exciting. That's what makes them ideal for long-term wealth creation.
Odyssey plans to use the Series B proceeds to accelerate development and expand deployment of its AI-based world simulation technology.
(Bloomberg) -- The artificial-intelligence race is becoming so expensive that it’s snuffing out one of the key forces that has helped keep Big Tech stocks soaring for years: steady share buybacks.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera AirPods Alongside Upgrad
The arrangement is intended to speed up the use of AI-based working methods in its banking operations.
The top ten US technology stocks now account for nearly 40% of the S&P 500's total market capitalisation, marking the highest concentration since the late 1990s tech bubble and well above the 25% recorded during the dotcom crash itself. That figure underscores how completely artificial...
Samsung Electronics Co Ltd (ADR) (LSE:BC94) is attracting growing interest from prospective customers seeking advanced semiconductor manufacturing capacity as demand for leading-edge chips continues to outstrip available supply at rival foundry operator Taiwan Semiconductor Manufacturing...
The stock market is salivating over big increases in corporate earnings, but there’s a catch. Analysts expect S&P 500 companies’ earnings growth to top 20% for a second consecutive quarter in the current period, in part because of soaring profits by semiconductor makers and other AI-infrastructure companies. This combination has worked wonders for corporate earnings broadly.
Waymo identified a software problem that could likely cause the vehicles to enter a closed freeway construction zone and continue driving at speed.
Google faces stricter UK rules to boost fairness in search rankings and give users better control over their data.
Relativity Space—a rocket maker acquired by former Google executive chair Eric Schmidt last year after stumbling on the path to orbit—might just beat SpaceX to Mars.
Musk's SpaceX stake is worth over $760 billion, while his Tesla holdings are valued at $280 billion.
Orbital data centers may prove critical to AI growth.
On Sunday, Venture capitalist Vinod Khosla criticized Stanford students who walked out during Alphabet Inc. Google CEO Sundar Pichai's commencement address, calling their protest "idiotic" and "selfish." Stanford Graduation Walkout The disruption took place Sunday at Stanford University's 135th commencement...
Shares of audio technology Sonos company (NASDAQ:SONO) fell 4.7% in the afternoon session after investor concerns over new competition as Google unveiled its new Google Home Speaker.
SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...
Meta Platforms Inc. unveiled an artificial intelligence (AI) tool within Facebook Search on Monday, which could potentially rake in billions in yearly revenue, according to an analyst. The new feature, dubbed “AI Mode,” uses Meta’s AI to answer search queries...
Uber plans mid-2027 driverless rides in Houston, backed by a 50,000-square-foot depot and Lucid-Nuro vehicles.
This is a hyper-growth chapter for Palantir, defined by demand it cannot meet. Its Artificial Intelligence Platform, AIP, is positioned as one of the few reliable ways for institutions to deploy AI without operational chaos.
New fund will concentrate on 10 to 15 companies with larger, longer-term agreements.
The succession will mark the end of an era for the derivatives exchange, which transformed under Duffy’s long run.
Anthropic has joined the Frontier coalition, which received another $915M in pledges to fund carbon removal projects.

<body><p>STORY: Another AI company is off and running... and, this time, it's coming from former sneaker brand Allbirds.</p><p>Allbirds on Wednesday officially changed its name to Smartbird, cementing its months-long transformation from shoe maker to AI infrastructure firm and sending its shares up as much as 75%.</p><p>:: Archive</p><p>The move comes after the company in April said it was shifting its focus to offer cloud computing capacity and AI services, leading to a more than five-fold jump in its shares. </p><p>The newly-named Smartbird on Wednesday also announced the appointment of former Amazon executive Nadia Carlsten as its new CEO.</p><p>:: Amazon Web Services</p><p>Carlsten brings AI and quantum computing experience from Amazon Web Services and Alphabet spinoff SandboxAQ, and has advised the World Economic Forum on computing and AI.</p><p>In a statement, she said that with a (quote) "differentiated strategy, significant capital, and the opportunity to build an exceptional team, we are uniquely positioned to capitalize on one of the most significant infrastructure opportunities of the next decade."</p><p>Allbirds shut most of its brick-and-mortar stores and sold its brand and footwear assets in March to American Exchange Group for $39 million.</p></body>
New device targets Amazon and Apple rival