Wall Street expects Nvidia's earnings to increase at 35% annually ... is the largest digital advertiser and third-largest public cloud, and the company is using AI to strengthen its standing in both markets. For instance, its leadership in advertising ...

Wall Street’s financial titans have invested more than $11 billion into a niche group of AI-focused tech companies. These “neo-cloud” firms are leveraging NVIDIA’s powerful GPU technology to dominate the AI market, creating a lucrative new debt ...

Amazon, Microsoft, Meta, and Alphabet have invested significant sums in AI infrastructure – money that has not yielded justifiable returns at this point – to the displeasure of Wall Street. And yet Big Tech is not to be deterred. Tech giants are set to ...

Nvidia shares surged 925% during the last two years as the artificial intelligence (AI) boom built momentum, but Wall Street remains bullish. Nvidia is the market leader in AI accelerators and AI networking gear, and its extensive software development ...

Palantir Technologies (NYSE:PLTR) stock soared about 14% premarket on Tuesday after third quarter results and outlook beat estimates, drawing praise from Wall Street analysts ... strategy with use cases for AI taking hold over the next 12 to 18 months.

Generative artificial intelligence search startup Perplexity AI Inc. reportedly is finalizing the details of a mammoth new funding round that would increase its valuation to a cool $9 billion.

By Arsheeya Bajwa and Max A. Cherney (Reuters) -Advanced Micro Devices on Tuesday forecast fourth-quarter revenue just shy of estimates and raised its artificial intelligence chip sales forecast to $5 billion for 2024 - not enough to impress investors.

Perplexity is raising new investment that would value the search startup at $9 billion, a source familiar with the matter said on Tuesday, a sign of heightened investor enthusiasm around artificial intelligence companies.

The Times plans to roll out the widely ridiculed and misunderstood predictive tool, but only if it can overcome glitches without a striking tech guild