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Alphabet topped Q2 expectations with strong cloud and advertising growth, but shares fell after the company raised its AI infrastructure spending forecast.
Tesla exceeded Q2 revenue expectations but missed earnings as AI investment and capital spending surged, sending shares lower in after-hours trading.
SK Hynix raised $26.5 billion in the largest U.S. IPO ever by a foreign company as surging AI memory demand fueled overwhelming investor interest.
Elon Musk's xAI has officially rebranded as SpaceXAI after merging with SpaceX, with the new name and logo announced on X.
Samsung's operating profit jumped 19-fold in the second quarter as surging AI chip demand fueled one of the strongest earnings recoveries in the company's history.
AI spending by Alphabet, Amazon, Meta, Microsoft, and Oracle could exceed U.S. defense spending as a share of GDP by 2027.
AMPERA unveiled a full-scale 3D-printed thorium reactor module designed to deliver up to 30 MW of power for AI data centers.
OpenAI is reportedly discussing a proposal that would give the U.S. government a 5% stake in the company, currently valued at roughly $42.6 billion.
Apple is reportedly losing the executive leading Vision Pro and smart glasses to OpenAI as competition for AI talent intensifies.
A senior Apple executive overseeing Vision Pro and smart glasses is reportedly leaving the company to join OpenAI.
Ferrari replaced marketing chief Enrico Galliera after the disappointing launch of its first electric vehicle contributed to an 8% drop in the company's shares.
Microsoft is heading for its worst month since 2000 as investors question whether its massive AI investments will generate adequate returns.