Tech giant Oracle (ORCL) recently revealed its latest AI agents that are designed to support supply-chain workers in various roles, from
OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.
Goldman Sachs is forecasting IaaS revenue to grow to $580 billion in 2030. This opportunity has already supercharged Oracle's cloud infrastructure business. Its IaaS revenue in the second quarter of fiscal 2025 (which ended on Nov. 30, 2024) increased 52% year over year to $2.4 billion.
Thursday's market has seen notable fluctuations among stocks, with significant movements in both the mega-cap and large-cap categories. As the trading day progresses, stocks such as IBM (NYSE:IBM) and United Parcel (NYSE:UPS) have experienced sharp changes in their stock prices,
Oracle, driven by AI and cloud, projects a 15% stock price CAGR potential over five years, and a fair valuation amid a changing U.S. regulatory climate.
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."
When there's an innovative technology that's useful to the general population and it's affordable, people will use it, said Vic Shao, founder of DC Grid, which delivers off-grid, direct current power to data centers and electric vehicle charging stations.
Out of the 43 analysts covering NVDA stock, 36 recommend “Strong Buy,” three recommend “Moderate Buy,” and four recommend “Hold.” The average target price for NVDA stock is $176.90, indicating upside potential of 20% from current levels.
Meta Platforms METAO opens new tab plans to spend as much as 65 billion this year to expand its AI infrastructure CEO Mark Zuckerberg said on Fr
CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial intelligence (AI) infrastructure. This substantial investment aims to bolster Meta’s AI capabilities and strengthen its competitive position against rivals such as OpenAI and Google in the rapidly evolving AI market.
Chinese AI app not working properly amid huge interest in ChatGPT competitor - DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive to Be
Chinese AI app not working properly amid huge interest in ChatGPT competitor - DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive to Be