Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and...
OpenAI's revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.
OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise...
Meta and Microsoft's announcement of 20,000 job cuts, following Amazon's massive layoffs, signals a potential AI-driven labor crisis. Economists warn this is a structural shift, not...
Anthropic is expanding its European AI infrastructure push by hiring a senior executive to negotiate major data center deals, as competitors like Microsoft and OpenAI also...
Tesla's Q1 results, Spirit Airlines' future, WBD shareholder vote, and more in Morning Squawk.
Microsoft announced a new A$25 billion ($18 billion) investment into Australia's digital infrastructure on Thursday, spanning cybersecurity and AI development.
ServiceNow's stock has slumped this year, along with other software names, as AI has threatened to disrupt the industry's business model.
Microsoft explored acquiring AI coding startup Cursor before SpaceX's $60 billion agreement, as the tech giant focuses on expanding its AI ecosystem and cloud investments.
SK Hynix reported record first-quarter profits, aligning with analyst expectations, as surging AI demand drives memory prices higher. The company's HBM technology continues to dominate the...