Goldman Sachs strategist Ryan Hammond estimates that major hyperscalers will need to generate roughly $300 billion in annual AI revenue in the next few years simply to break even on their investments.

Spending on AI infrastructure by the five largest US hyperscalers is set to increase by more than half next year to $1.2 trillion, according to strategists at Goldman Sachs Group Inc. That figure is ...

Creatio, a Boston-based provider of AI-powered customer relationship management and workflow automation software, has announced a $300 million investment in its Bank.AI platform between 2026 and 2028.

Take cover: Alexandr Wang is reloading the "tweet cannon." Meta's chief AI officer has fired off more than 300 posts on X since the company launched Muse, its personal AI agent, on September 8. Many ...

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Technology companies have provided as much as $300 billion in guarantees to finance artificial intelligence data centers and chips during the past year, helping support the construction boom without ...

The US narrowly avoided boarding a Chinese ship based on an “entirely false” US intelligence report generated with the help of AI tools, according to a CNN report. That erroneous intelligence, ...

Headspace, a popular meditation and mental health support app, is being acquired by Sword Health, an artificial intelligence startup focused on healthcare. The Headspace acquisition is expected to ...

OpenAI quietly bought a startup developing higher quality cameras for smartphones in recent months, according to people familiar with the matter. The company, Glass Imaging, is developing technology ...

One of China’s most prominent AI labs, Moonshot AI, believes it can turn its popular open-weight model into serious sales growth. On Friday, Bloomberg reported that the lab is targeting $2 billion in ...

Researchers at OpenAI and Anthropic are publicly urging slower AI development, as debate grows over self-improving AI and its risks. Many concerns revolve around advanced models getting incredibly ...

Anthropic researcher Jacob Coxon resigned this week, saying his former employer and its rival OpenAI are racing to build technologies that “could kill us all by the end of the decade.” In case anyone ...