The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup to woo investors and secure funds.
Microsoft, Alphabet and Meta results overshadowed by growing fears of AI bubble
Solana co-founder Anatoly Yakovenko is a big fan of agentic coding
Speaking at TechCrunch Disrupt, Yakovenko said he’s become increasingly comfortable taking a backseat in software development tasks.
Why Caterpillar Stock Jumped to Record High Today
Artificial intelligence (AI) is a potent growth driver.
Nvidia hits $5 trillion valuation
Nvidia on Wednesday became the first publicly traded company to hit a $5 trillion valuation, bolstered by the AI boom and a spate of new deals.
Tech giants are spending big on AI in a bid to dominate the boom
Earnings reports from Meta, Alphabet and Microsoft reaffirm that that giants are ramping up their spending on artificial intelligence, as they rush to reap the benefits of an AI boom.
Meta says porn downloads on its IPs were for “personal use,” not AI training
Meta says lawsuit claiming it pirated porn to train AI makes no sense.
Microsoft takes $3.1 billion hit from OpenAI investment
Microsoft and OpenAI are key partners in cloud and artificial intelligence, but they’re increasingly becoming competitors as well.
AI boom powers new-school Nvidia and old-school Caterpillar to new heights
Nvidia passed $5 trillion in value Wednesday, while Caterpillar’s stock soared.
Trading Day: Nvidia booms, Fed cools on easing
Wall Street was mixed on Wednesday after the Federal Reserve lowered interest rates but signaled a cut in December was in the balance, while Nvidia became the world’s first $5 trillion company. Investors now turn their attention to Thursday’s meeting between U.S. President Donald Trump and Chinese President Xi Jinping.