Allbirds Stock Surges Over 900% After Pivot to AI Infrastructure Business
Allbirds shares skyrocketed after the struggling footwear brand announced a pivot to AI infrastructure, signaling a dramatic shift in its business model.
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Allbirds shares skyrocketed after the struggling footwear brand announced a pivot to AI infrastructure, signaling a dramatic shift in its business model.
Amazon reported AI-related cloud revenue above $15 billion and said its chip business now exceeds $20 billion annually. The update highlights growing momentum in its infrastructure strategy.
OpenAI plans to allocate part of its IPO shares to retail investors, signaling a shift from traditional institutional-heavy listings.
Oracle shares rise as the company cuts jobs and shifts spending toward AI infrastructure and cloud expansion.
Eli Lilly will pay up to $2.75 billion to bring AI-developed drugs from Insilico Medicine to market. The deal highlights growing momentum in AI-driven drug discovery.
Alphabet reached a $4 trillion valuation as investors bet on AI-driven growth across search, cloud, and enterprise services.
Anthropic is reportedly seeking $10 billion in new funding at a valuation that could reach $350 billion.
Alphabet surpassed Apple in market value, becoming the world’s second-largest company behind Nvidia.
OpenAI issued record stock awards averaging $1.5 million per employee, far surpassing compensation levels at major U.S. tech firms.
Intel sells 214.8 million shares to Nvidia for $5 billion, giving Nvidia an estimated 4% stake.
Finnish cities are channeling excess heat from AI-driven data centers into district heating networks, transforming server waste heat into a low-carbon energy source.
Tech entrepreneur and biohacker Bryan Johnson claims artificial intelligence and experimental medicine could make human immortality achievable within 15 years, despite unresolved risks.
Kiyosaki says an AI bubble could burst within three to four months and trigger what he calls the biggest market crash in history.
A leaked shortlist suggests TIME may name the ‘AI Architects’ – including Musk, Huang, Zuckerberg, Su, Altman, Hassabis, Amodei and Li – as its Persons of the Year.
The EU has opened a priority antitrust investigation into Google’s handling of AI-generated content, warning potential fines could reach $35 billion if violations are found.