Meta shares log strongest week since early 2024 as investors rally around its AI roadmap
Meta shares jumped 6% Friday and 15% for the week, marking their best weekly gain since early 2024, after the...
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Palo Alto Networks’ Nikesh Arora says AI token prices need a 90% cut to make enterprise rollouts viable
Palo Alto Networks CEO Nikesh Arora warned that AI token prices must fall by as much as 90% for broad...
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JPMorgan Tests AI Portfolio Managers That Outrun 60/40 in Simulations
JPMorgan Chase has built experimental AI-driven investing agents that switch between stocks and bonds based on market conditions and, in...
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AI windfalls and SpaceX’s blockbuster IPO turbocharge a private-jet buying and charter boom
A wave of AI-driven wealth and SpaceX’s record $85.7 billion IPO is spilling into private aviation, accelerating purchases and charters...
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SK hynix Taps AI Frenzy With $26.5 Billion Nasdaq Listing
SK hynix priced a $26.5 billion U.S. offering of American depositary shares at $149 apiece, in one of the largest...
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Meta stock dips as soaring AI capex eclipses gains on in-house chip rollout
Meta shares fell after the company laid out aggressive plans to double computing capacity and begin producing an in-house AI...
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Warren presses Pentagon and tech giants to reveal AI contract details
Sen. Elizabeth Warren called on the Pentagon and seven major tech firms to disclose contracts enabling artificial-intelligence tools on classified...
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Meta’s new AI can turn public Instagram photos into deepfakes—without consent
Meta rolled out an image-generation tool, Muse AI, that can produce realistic depictions of people using public Instagram photos as...
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Trump Rolls Out AI Strategy, Vows ‘America Will Win’
President Donald Trump unveiled “Winning the Race: America’s AI Action Plan,” a blueprint with more than 90 measures to speed...
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Nvidia’s $1 Trillion Rout Pushes Its Valuation Back to Pre-AI Frenzy Levels
Nvidia has shed about $1 trillion in market value in under two months, leaving the chip maker trading at roughly...
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