(Bloomberg) -- Cognition AI Inc. has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using artificial intelligence for software development. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivTwo More Oil
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As Cognition reaches $492 million in annualized revenue run rate, it more than doubled its valuation in eight months, it says.
Graduates’ hostility to AI reflects rational fears about jobs, mobility, and who bears automation’s costs.
The AI trade is really starting to take off, but much of the gains, at least of late, have been concentrated within the same old, same old. The semiconductor trade has continued to melt up at a staggering pace. Just when you thought that the trade was going to implode and Dr. Michael Burry, who’s ... Google Gemini 3.5 Looks Like a Legit Flex, Yet Alphabet Stock Keeps Slipping — Is This a Glorious Buying Opportunity?
Expense ratios, sector focus, and dividend yields reveal key differences in these two heavyweight tech ETFs—details that can shape portfolio strategy.
The company lost about 70% of its value as Amazon gained ground and relationships with top ad agencies soured.
Google, part of Alphabet (NasdaqGS:GOOGL), is reportedly in advanced talks with SpaceX to deploy space-based data centers, aiming to support AI and cloud workloads. Google has joined the Data Center Innovation Initiative alongside Amazon, Meta, and Microsoft to test and co-fund next generation energy and materials technologies for data centers. For investors watching Alphabet, these moves sit at the intersection of cloud infrastructure, AI computing, and energy use. Space-based data...
A former GE Energy director and veteran Washington Post and Fortune columnist argues that OpenAI's AI narrative panicked Google into systematically destroying its own business model — and that a reckoning is approaching.
Robotaxis may soon be a $10 trillion business.
(Bloomberg) -- ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is considering increasing its capital spending to more than double last year’s in a bid to lead the Chinese AI market and challenge the top US players abroad.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Di
Quantum computing may still be years away, but Infleqtion is already generating real-world revenue from quantum sensing, atomic clocks, and defense-grade infrastructure today.
By Foo Yun Chee BRUSSELS, May 27 (Reuters) - European leaders are divided on how far to go in curbing Big Tech as they weigh momentous decisions over giving EU firms preferential access to mobile
European leaders are divided on how far to go in curbing Big Tech as they weigh momentous decisions over giving EU firms preferential access to mobile satellite spectrum and limiting large multinationals' access to EU cloud tenders. On Tuesday, Reuters reported Brussels was likely to leave an opening for Elon Musk's Starlink and Amazon's low-earth-orbit satellite business Leo to acquire lucrative European mobile satellite spectrum next year as a result of a compromise that will reserve the bulk of frequencies for European firms. A separate decision on EU cloud tenders set for June 3 is expected to temper the influence of U.S. firms such as Amazon, Alphabet's Google and Microsoft, which dominate the global cloud market with a combined 63% share.
Last quarter's changes were subtle, but telling all the same. Don't be surprised to see less subtle changes going forward.
By Stephen Nellis SAN FRANCISCO, May 26 (Reuters) - Apple and Alphabet's Google on Tuesday pushed to amend an online safety bill working its way through Canada's parliament to add judicial oversight
In May 2026, Google announced a US$15.00 billion investment in new infrastructure across Missouri, anchored by a New Florence data center that emphasizes grid-resilient power sourcing, advanced air-cooling, and community-focused programs such as a US$20.00 million Energy Impact Fund and large-scale workforce training initiatives. By funding all incremental energy infrastructure it requires while helping lower local household utility bills, Google is using its AI-driven data center expansion...
Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...

As the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are on track to close Tuesday's session at new records, the AI trade and rallies in chip stocks continue to be the biggest catalysts for markets trading at all-time highs. Ritholtz Wealth Management director of institutional asset management Ben Carlson examines the broader trends dictating market moves.
Centrus gives investors rare exposure to the bottleneck behind nuclear fuel: uranium enrichment. The next hurdle is turning contracts, centrifuge manufacturing, and the Piketon expansion into production capacity.
Broadcom is attracting fresh attention after Duquesne initiated a new AVGO position, while the company’s AI semiconductor revenue continues to accelerate.
The Magnificent Seven's first-quarter earnings are in the books, and the seven companies registered their best profit growth in nearly five years. All remain pillars of the S&P 500 index. Collectively, Mag 7 earnings jumped 63.2% year over year, according to a report from FactSet.
OpenRouter has raised a $113 million Series B led by CapitalG. Its 5x growth in usage over six months indicates the multi-AI-model future is here.
Former SoftBank investors train banks and funds on AI workflows while Wall Street accelerates automation and workforce reductions.
Apple (AAPL) is aiming to make artificial intelligence more than just a Wall Street talking point. The iPhone maker has faced mounting pressure to show Apple Intelligence can stay up with the AI drive ongoing at Microsoft (MSFT), Alphabet (GOOGL) and Nvidia(NVDA). Its newest move, however, suggests ...
Coinbase (NASDAQ: $COIN) is pushing its Base network deeper into AI payments with a new tool that lets agents inter...
Google I/O revealed the company’s future in artificial intelligence, complete with updated search and AI glasses.