The ramp-up in corporate AI spending in 2025 will include a greater focus on deploying applications and components that help run AI systems faster and more efficiently, Bloomberg Intelligence analysis shows.
Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD.
Broadcom stock soared Friday after the company touted its “massive” opportunity in the AI market during a quarterly earnings call the prior evening.
Microsoft strikes a groundbreaking 3-year deal with HarperCollins to utilize its vast book catalog for AI model training.
Taiwan Semiconductor Manufacturing Co.’s sales rose 34% in November, reflecting sustained growth from AI demand despite concerns that datacenter building will slow.
Software firm Databricks is nearing a deal that could become one of the largest venture capital funding rounds in history, as investors have shown a strong appetite to own a piece of the fast-growing data analytics firm,
Swiss insurer Helvetia plans to cut jobs and relocate some workers as part of an efficiency program aimed at saving about 200 million francs ($224 million) over the next three years.
Parnassus Investments, an investment management company, released the “Parnassus Mid Cap Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here.
The Writers Guild is now demanding studios take legal action against tech companies found to have been training their artificial intelligences on copyrighted works—including on open-source subtitles for TV shows and films,
Nvidia, the global semiconductor leader, is amplifying its AI-driven car research in China, hiring 200 new employees even as semiconductor trade tensions escalate. Nvidia Expands AI Car Research in China Nvidia,
Adobe stock fell after the creative software giant provided a weaker-than-expected outlook for the 2025 fiscal year.