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AI cloud giant CoreWeave was up in pre-market trading on Wednesday after reporting that its second-quarter revenue doubled, driven by surging demand from hyperscalers for AI compute capacity.
Anthropic has struck a $9.1 billion deal with Riot Platforms, a Bitcoin mining company that recently began selling AI data center capacity, as the Claude maker works to secure enough computing power to meet growing customer demand.
JPMorgan Chase & Co. strategists raised their S&P 500 forecast for the second time in two months, citing strong corporate earnings and signs that massive artificial intelligence spending is beginning to pay off.
Bank of America strategists say investor optimism has reached such an extreme that it's time to start reducing exposure to risk assets.
SpaceX insiders and early investors will be able to sell their shares for the first time...
Shares in SpaceX tumbled after the company's first-ever earnings report revealed a huge jump in spending on artificial intelligence, spooking investors.