Companies have long promised that artificial intelligence will boost worker productivity. Salesforce (CRM) needs to prove customers will pay for it now. The software giant raised its full-year revenue and profit guidance after second-quarter revenue climbed 1…
Nvidia's acquisition of Hugging Face could centralize AI development, potentially stifling competition and innovation in the European tech sector. The post Nvidia’s potential $13B acquisition of Hugging Face raises concerns for European tech appeared first on…
This article first appeared on GuruFocus. SK Hynix (NASDAQ:SKHY) is putting another major piece of the AI supply chain on U.S. soil, breaking ground Thursday on an approximately $4 billion high-bandwidth memory packaging and research complex in West Lafayette…
This article first appeared on GuruFocus. Nebius Group ( NBIS ) shares rose 3% Thursday after the AI infrastructure company completed a larger-than-planned convertible debt transaction, easing some investor concern over its financing needs. The offering gener…
Nvidia shares rise as strong AI demand powers bumper earnings, bullish outlook Investing.com -- Iran’s Security Chief Mohsen Rezaei dismissed reports of a potential plot to assassinate Barron Trump as false during a televised interview on Thursday. Rezaei mad…
