Tag: Business
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OpenAI joins Anthropic in IPO push
June 8 : OpenAI said on Monday it confidentially filed for a U.S. initial public offering recently, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. The ChatGPT-maker said it has not decided on a timeline of the IPO yet nor did it disclo
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Jim Cramer says sovereign AI is Nvidia’s powerful new growth driver
CNBC’s Jim Cramer said Nvidia’s growing sovereign AI business could help reduce the company’s dependence on hyperscalers.
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Cramer’s lightning round: Buy CBOE Global Markets
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Jim Cramer warns key pillars of the bull market are beginning to crumble
CNBC’s Jim Cramer said that he’s becoming more cautious on stocks after several pillars of his bullish outlook have come under pressure.
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Dollar eases as Iran and Israel agree to halt strikes
NEW YORK/LONDON, June 8 : The dollar eased on Monday but hovered near its highest level in nearly two months, after Iran and Israel agreed to halt attacks on each other following an appeal by U.S. President Donald Trump.The pause in strikes by both Iran and Israel lured investors into other currencies that ha
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Applied Digital signs $5.2 billion AI data center lease with US hyperscaler
June 8 : Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta Forge 2 site which is expected to generate about $5.2 billion in revenue over the period, sending the company’s shares up 8.7 per cent in extended trading. Major technology companies are raising their spending on da
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Meta funds skilled trades jobs program for AI data center buildout
NEW YORK, June 8 : Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions.The cost-free program, America’s Workforce Academy, will end in guaranteed job offers to graduates, the co
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OpenAI files for US IPO after Anthropic as AI giants head to public markets
June 8 : ChatGPT-maker OpenAI confidentially filed for a U.S. initial public offering on Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom.OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet b
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Apple partnering with Google and Nvidia for most advanced AI model
Apple’s artificial intelligence strategy took center stage at its Worldwide Developers Conference in Cupertino, Calif.
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Apple rolls out new, AI-powered Siri at annual WWDC
CUPERTINO: Apple on Monday (Jun 8) unveiled a new, AI-powered version of Siri that is capable of analysing what is on the device screen and reaching out to the web for m
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