Tag: Enterprise
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Intel plans $15 billion stock offering as AI demand accelerates
Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.
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‘SaaSpocalypse’ debate intensifies as software stocks swing wildly
This week saw massive moves in both directions for software stocks, as investors try to figure out which names are best insulated from artificial intelligence.
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‘AI Kill Switch’ bill needs to be passed this year amid ongoing rogue agent hacks, Rep. Lieu says
Anthropic, Meta and OpenAI have all had incidents of AI models hacking other companies during cybersecurity testing.
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Google is expanding its AI empire — and losing the people who built it
Google’s cloud boom is testing the company’s commitment to frontier AI as commercial returns take priority.
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Marc Benioff gets a new operating chief, as Salesforce promotes Miguel Milano
Salesforce promoted revenue head and former Oracle executive Miguel Milano to role of operating chief.
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Microsoft AI exec tells developers to default to OpenAI’s top model as part of efficiency push
Microsoft is taking advantage of its intellectual property rights with OpenAI, encouraging employees to use the company’s top model.
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SpaceX’s AI spending unnerves Wall Street despite promises of quick payoff
In addressing Wall Street for the first time since SpaceX’s IPO, executives tried to make the case that hefty AI investments are paying off within a year.
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Palantir’s Karp renews attacks on frontier AI labs that are ‘trying to drug addict us’
Karp said Chinese models can’t be blamed for distilling U.S. models when the frontier labs “distilled all the value of IP, everywhere.”
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Palantir soars 12% on blowout quarter, with U.S. commercial revenue soaring nearly 150%
Palantir’s second-quarter earnings beat expectations, and the AI software company lifted revenue guidance.
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Amazon tops $3 trillion market cap as stock continues post-earnings surge
Shares of Amazon hit a new all-time high Monday, putting its market cap over $3 trillion.
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