Alphabet Closes Gap With Nvidia in Race to Become World’s Most Valuable Company
Alphabet is rapidly narrowing the gap with Nvidia as both companies approach a combined market value above $10 trillion amid the ongoing AI boom.
Latest News
Wall Street Bets Amazon Could Reach $3 Trillion Valuation
Wall Street analysts are increasingly optimistic that Amazon could eventually reach a $3 trillion market value as growth in AWS and logistics continues accelerating.
Cerebras Set for Nasdaq IPO as AI Chip Rivalry With Nvidia Intensifies
AI chipmaker Cerebras is expected to debut on Nasdaq on May 14 under the ticker CBRS, positioning itself as an alternative to Nvidia in the AI hardware market.
Akamai Shares Surge 20% After Earnings Beat and $1.8 Billion AI Infrastructure Deal
By
Emma Clarke
Akamai shares jumped 20% after the company reported strong quarterly earnings and announced a $1.8 billion AI infrastructure agreement.
Sign up for
Newsletters
Intel Shares Hit Record High After Reported Apple Chip Manufacturing Deal
Intel shares surged to a record high after reports that Apple may shift part of its chip manufacturing to Intel, increasing pressure on TSMC.
Sony Forecasts Double-Digit Profit Growth Despite Slower PS5 Sales
By
Emma Clarke
Sony projected double-digit profit growth even as PlayStation 5 hardware sales slowed, supported by strong performance in image sensors and music.
Anthropic Seeks $50 Billion Funding Round at $900 Billion Valuation
Anthropic is reportedly preparing a $50 billion fundraising round at a $900 billion valuation, potentially surpassing OpenAI in private market value.
Musk Dissolves xAI, Integrates AI Operations Into New SpaceXAI Division
Elon Musk said xAI will be dissolved and absorbed into a new SpaceXAI division focused on artificial intelligence products. The move comes as Anthropic reportedly leases the Colossus 1 data center.
SoftBank Shares Surge 16% as Tech Rally Pushes Nikkei to Record High
SoftBank shares jumped more than 16% as Japan’s technology-led rally pushed the Nikkei 225 to fresh record highs following the Golden Week holiday break.
Bank of America Warns SpaceX and Anthropic IPOs Could Signal Market Peak
Bank of America warned that potential IPOs from SpaceX and Anthropic, both valued above $1 trillion, may signal late-stage bull market conditions.
Anthropic’s Implied Valuation Soars to $1.2 Trillion Ahead of IPO
Anthropic’s implied valuation climbed to $1.2 trillion in the pre-IPO market, marking a 900% increase since October 2025 as investor demand for AI companies intensifies.
BlackRock’s Larry Fink Predicts Future Market for AI Computing Power
BlackRock CEO Larry Fink said growing shortages in AI infrastructure could eventually create a futures market for computing power, similar to oil or energy trading.
SpaceX Proposes $55 Billion Terafab Chip Plant in Texas With Intel, Tesla Backing
SpaceX plans a $55 billion semiconductor facility in Texas, with total investment potentially reaching $119 billion. The Terafab project targets AI, robotics, and data center chips.