onathan Raa | Nurphoto | Getty Images ASML reported on Wednesday orders that smashed past expectations while 2026 sales guidance was also ahead of estimates as AI demand continues to support the Dutch chip giant’s business. Bookings, one of the most closely-watched metrics from investors, came in at 13.2 billion euros ($15.8 billion) in the…
Shares of CoreWeave popped 12% on Monday after Nvidia announced it has invested $2 billion in the artificial intelligence infrastructure provider. Nvidia purchased CoreWeave Class A common stock at $87.20 per share, according to a release, a discount from Friday’s closing price of $92.98. The investment will help CoreWeave accelerate its buildout of “5 gigawatts…
LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that’s been caused by the AI infrastructure boom may last longer…
President Donald Trump and TikTok said Thursday that the company had formed a joint venture to keep the video-sharing app operating in the U.S. under new American leadership. The company said Adam Presser, who has been serving as TikTok’s head of operations and trust and safety, will be the CEO of TikTok USDS Joint Venture….
NANJING, CHINA – NOVEMBER 25: Aerial view of Alibaba Jiangsu Headquarters at night on November 25, 2025 in Nanjing, Jiangsu Province of China. (Photo by Fang Dongxu/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s technology giants are entering a new phase of the artificial intelligence race called ‘agentic commerce,’ as…
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI on Tuesday said it is rolling out an age prediction model to its ChatGPT consumer plans to help the artificial intelligence company identify accounts that belong to users under 18 years old. The model…
Muhammed Selim Korkutata | Anadolu | Getty Images Spotify Premium subscriptions are getting more expensive. The subscription price will rise from $11.99 per month to $12.99 per month in the U.S., Estonia and Latvia for the February bill, the streaming platform said in a blog post. Users will get an email with the update sometime…
Vcg | Visual China Group | Getty Images Google is letting users test a new artificial intelligence tool that connects information from various apps like Gmail and Google Photos to provide personalized answers in its chatbot. The feature, called Personal Intelligence, is available for personal accounts, Google said in a blog post Wednesday. “Whether it’s…
OpenAI has acquired the health-care technology startup Torch, the company announced on Monday. Torch was building a “unified medical memory” for artificial intelligence that aimed to bring a patient’s health data, which is typically siloed and stored across a number of different vendors and formats, into one place. Torch’s employees will join OpenAI as part…
Dina Powell McCormick, vice chair of BDT and MSD Partners, at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 15, 2024. Christopher Pike | Bloomberg | Getty Images Meta on Monday announced it has appointed Dina Powell McCormick as its president and vice chairman. Powell McCormick joined Meta’s board in April but resigned in December, according to a filing…