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OpenAI and Taiwan’s Foxconn to partner in AI hardware design and manufacturing in the US
OpenAI teams up with Foxconn to design and build AI data center equipment in the U.S., boosting American AI infrastructure and manufacturing capacity.
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.
SoftBank sells Nvidia stake, profit triples on AI boom
SoftBank sold its Nvidia stake for $5.8B as profit tripled, shifting focus to OpenAI and major AI investments.
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.
OpenAI partners with Broadcom to design custom AI chips
OpenAI and Broadcom will co-develop custom AI chips set to launch in 2026, expanding OpenAI’s efforts to build its own hardware.
Stocks rebound as Trump softens China tariff stance
NEW YORK (AP) — And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1.6% in its best day since May and recovered just over half its drop from […]
S&P 500 hits new highs as AI fuels market rally
U.S. stocks climb on AI momentum with AMD-OpenAI deal, while global markets react to political shifts in Japan and France.
CoreWeave signs $14 billion AI infrastructure deal with Meta
CoreWeave will provide Meta $14B in AI cloud computing power through 2031, boosting share prices and fueling AI infrastructure growth.
US stocks drift toward more records following Wall Street’s relentless rally
U.S. stocks edge higher as the S&P 500, Dow and Nasdaq aim for fresh records, boosted by Nvidia’s OpenAI deal and Oracle’s TikTok prospects.
Nvidia to invest $100 billion in OpenAI to help expand the ChatGPT maker’s computing power
Nvidia will invest $100B in OpenAI to build 10 GW of AI data centers, boosting ChatGPT’s computing power and expanding global AI infrastructure.
OpenAI reaches new agreement with Microsoft to change its corporate structure
OpenAI announced a new deal with Microsoft and plans to give its nonprofit controller a $100B equity stake in its for-profit arm.
Elon Musk sues Apple, OpenAI in antitrust AI lawsuit
Elon Musk filed a federal antitrust lawsuit against Apple and OpenAI, alleging they conspired to block AI competition in the App Store.
