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Nvidia forecasts first-quarter sales above estimates
Nvidia forecasts first-quarter revenue of $78 billion, surpassing estimates, driven by strong demand for AI processors amid Big Tech's heavy investments.
Blackstone boosts stake in AI startup Anthropic to about $1B, source says
Blackstone is boosting its investment in Anthropic to about $1 billion, valuing the Claude chatbot maker at roughly $350 billion as investor appetite for leading generative AI companies remains strong.
Anthropic invests $50B in AI data centers, Microsoft expands
Anthropic plans $50B in AI data centers; Microsoft builds new Atlanta facility as tech giants expand energy-heavy AI infrastructure.
Reddit sues Perplexity, others for alleged data scraping
Reddit sued Perplexity AI and others, accusing them of scraping user content for profit and bypassing anti-scraping measures.
