Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a ...

It didn’t take long to figure out how he wanted to play the trend.“Whenever you look at AI, it’s like, all the roads lead ...

The Federal Reserve's monetary policy has consistently played a pivotal role in shaping the stock market, particularly for ...

Nadella credits his wife with introducing him to the psychologist Carol Dweck's book on developing a growth mindset. He said ...

However, AMD's foray into the data center GPU market is clearly beginning to bear fruit. Both Microsoft and Meta Platforms, which are known customers of Nvidia, are also complementing their chip stack ...

Apple shares are on the verge of hitting a record $4 trillion valuation, buoyed by a sharp rise in its price. The company's recent advances in artificial intelligence (AI) and hopes of a recovery in ...

Apple is closing in on a $4 trillion stock market valuation. TakeAway Points: Apple is closing in on a historic $4 trillion ...

Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.

Companies like AMD ( AMD) are angling to poach Nvidia’s customers and slice into its estimated 80% to 90% market share. Even Nvidia’s own customers are working on chips meant to cut down on their ...

Azure faces supply constraints and likely market share loss, and Microsoft's custom AI chip development lags behind ...

Apple Inc. is on the verge of achieving a $4 trillion market valuation, a record-breaking milestone in the tech industry.

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...