Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%
Oracle delivered fast cloud growth, across applications in infrastructure.
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Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Mississippi regulators authorized xAI to build a power plant with 41 natural gas-burning turbines in Southaven to power its nearby data centers.
Meta gets into social networks for AI agents with acquisition of viral Moltbook platform
Moltbook was built for OpenClaw agents, and OpenClaw’s founder, Peter Steinberger, was hired by OpenAI.
Meta gets into social networks for AI agents with acquisition of viral Moltbook platform Read More »
Amazon wins court order to block Perplexity’s AI shopping agent
Amazon sued Perplexity in November, accusing the startup of concealing its AI shopping agents.
Amazon wins court order to block Perplexity’s AI shopping agent Read More »
Google deepens Pentagon AI push after Anthropic sues Trump administration
Google is rolling out a feature that lets civilian and military personnel build custom AI agents for unclassified work on the Pentagon’s enterprise AI portal.
Google deepens Pentagon AI push after Anthropic sues Trump administration Read More »
Nvidia makes ‘significant investment’ in Mira Murati’s Thinking Machines Lab
As part of the partnership, Thinking Machines Lab has also agreed to deploy at least one gigawatt of Nvidia’s Vera Rubin systems.
Nvidia makes ‘significant investment’ in Mira Murati’s Thinking Machines Lab Read More »
Amazon plans ‘deep dive’ internal meeting to address AI-related outages
Amazon said AI-assisted production changes were partly to blame for recent infrastructure issues.
Amazon plans ‘deep dive’ internal meeting to address AI-related outages Read More »
Swedish legaltech Legora hits $5 billion valuation as investors pile money into European AI startups
The announcement comes on the back of a bumper start to the week for European AI companies.
How the Iran war and rising energy prices are threatening semiconductor demand
A prolonged U.S.-Israel war against Iran could lead to shortages of key chipmaking materials and higher energy costs which could hurt semiconductor demand.
How the Iran war and rising energy prices are threatening semiconductor demand Read More »
Trump’s war predictions, Pershing Square files for IPO, Anthropic’s lawsuit and more in Morning Squawk
Here are five key things investors need to know to start the trading day.