Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" ...
AI chip firm Cerebras partners with France's Mistral, claims speed record
Cerebras Systems, an artificial intelligence chip firm backed by UAE tech conglomerate G42, said on Thursday it has partnered ...
Analyst reboots Nvidia's stock price target ahead of earnings
Shutterstock The firm concluded that the DeepSeek selloff is a buying opportunity, and maintained Nvidia as a "Top Pick" with ...
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Big Tech's AI spending rattles markets
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Reliable ‘reasoning’ AI agents may be just around the corner thanks to DeepSeek’s innovations, say researchers
Innovations made by China’s DeepSeek could soon lead to the creation of AI agents that have strong reasoning skills but are ...
Power stocks had been on an AI tear. Then came DeepSeek.
The efficiency gains of DeepSeek’s AI models startled the power industry, which is set to invest billions in electricity ...
DeepSeek’s R1 and OpenAI’s Deep Research just redefined AI — RAG, distillation, and custom models will never be the same
DeepSeek's R1 model release and OpenAI's new Deep Research product will push companies to use techniques like distillation, supervised fine-tuning (SFT), reinforcement learning (RL), and ...
9 Must-See AI News Updates That Are Trending on Wall Street
CNBC recently spoke to companies worldwide on how DeepSeek’s new AI models will likely impact their operations and financials ...
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A paradigm shift? The view from China on DeepSeek and the global AI race
DeepSeek has shown that China can, in part, sidestep US restrictions on advanced chips by leveraging algorithmic innovations.
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House lawmakers push to ban AI app DeepSeek from US government devices
A bipartisan duo in the the U.S. House is proposing legislation to ban the Chinese artificial intelligence app DeepSeek from ...
The Cloud Underdog? Why Oracle's 3% Market Share Signals A Strong Upside
Despite high debt, Oracle's fair valuation relative to Amazon and Microsoft, along with strong RPO growth, reinforces its ...