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Chip startup SambaNova raised $1 billion at an $11 billion valuation, underscoring investors’ conviction in rising demand for infrastructure tied to AI. SambaNova CEO Rodrigo Liang...
AI is top of mind at Sun Valley for the Allen & Co annual gathering of media, technology and finance moguls – with tech leaders including...
Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the...
Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth...
A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his...
Samsung’s results are in the spotlight as investors try to gauge how long sky-high investments and valuations around AI will last. ——– Like this video? Subscribe...
Bloomberg’s Ed Ludlow breaks down Samsung’s quarterly profit that surged on memory demand, and why it still wasn’t enough for investors. Plus, Amazon is back in...
Ondas, which develops drones and secures wireless communications, has agreed to buy autonomous aircraft maker DZYNE Technologies in a cash-and-stock deal worth over $875 million, which...
Bloomberg’s Ed Ludlow breaks down Apple’s big bet on Broadcom for the future, extending its custom chip partnership through 2031. Plus, Microsoft eyes a massive reorganization...
Runway is going global, with the AI video company opening new hubs in London, Tokyo, and Paris, and plans to invest nearly $300 million over the...
