After a funding round, Musk’s AI company might be worth $200 billion
According to CNBC, Elon Musk's artificial intelligence business, xAI, is set to raise $200 billion in a funding round, matching...
AI
Alphabet reaches $3 trillion market capitalization for the first time
Driven by a positive antitrust verdict and increased excitement about artificial intelligence, multinational technology corporation Alphabet, the parent company of...
OpenAI signs $300 billion contract with Oracle
The Wall Street Journal said on Wednesday that cloud computing behemoth Oracle and artificial intelligence (AI). Startup OpenAI have agreed...
It has been reported that Meta has finalized a cloud agreement with Google exceeding $10 billion
A source familiar with the situation informed Reuters on Thursday that Google has allegedly finalized a cloud computing contract with...
Nvidia orders suppliers to halt production of AI chip H20 focused on China, according to The Information
As reported by The Information on Thursday, Nvidia has requested some of its component suppliers to pause production of its...
As investors support plans for AI growth, Databricks targets a valuation exceeding $100 billion
On Tuesday, analytics firm Databricks announced that its valuation would rise by 61% to over $100 billion in a funding...
CapitalG and Nvidia are in talks about investing in Vast Data, potentially leading to a valuation of $30 billion
CapitalG, Alphabet's growth-stage venture capital arm, and Nvidia are in talks to invest in artificial intelligence infrastructure provider Vast Data...
Microsoft crosses the $4 billion valuation mark following robust results
After an impressive earnings report, Microsoft crossed the $4 trillion mark in stock market valuation on Thursday, becoming the second...
Amid growing competition from its AI counterparts, Alphabet will aim to provide reassurance to investors
Confronted with unparalleled dangers from AI competitors, Alphabet will likely be eager to allay investors’ concerns by demonstrating that its...
The first business to achieve a $4 billion market valuation is Nvidia
On Wednesday, Nvidia became the first publicly traded firm in history to hit the $4 billion market capitalization milestone, solidifying...
