(Bloomberg) -- Artificial intelligence startup Anthropic PBC, which originally aimed its Claude chatbot at businesses, is looking to capitalize on recent inroads with consumers by making the software more appealing to everyday people.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitDOJ Plans Intervention in Trump Supreme Court Carroll AppealAnthropic Unveils AI Agents to Field Financial Services Task
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Arm (NASDAQ:ARM) reported record results for the fourth quarter of fiscal 2026 and the full fiscal year, pointing to accelerating momentum in cloud AI and growing customer interest in its recently launched Arm AGI CPU product family. Record quarter and full-year results CEO Rene Haas said Arm “deli
Investing.com -- AppLovin, the artificial intelligence-based mobile advertising platform, reported better-than-expected first-quarter revenue and earnings, as demand for its advertising services and artificial-intelligence powered tools remained robust.
Meta Platforms has asked a Los Angeles judge to throw out a jury’s verdict finding the company liable for a woman’s depression in a landmark trial over whether the company has harmed young users by designing its platforms to be addictive. In the filing, submitted on Monday but made public on Wednesday, Meta asked the judge who oversaw the trial to overturn the verdict and rule in its favor or order a new trial. The jury in March found that Meta and YouTube parent Google had been negligent in the design of their platforms and had failed to warn users of their dangers.
May 6 (Reuters) - Google has proposed modifications to the way it presents news results on its search engine, aiming to prevent additions to the 9.5 billion euros ($11.16 billion) in competition fines
Google has proposed modifications to the way it presents news results on its search engine, aiming to prevent additions to the 9.5 billion euros ($11.16 billion) in competition fines it has accumulated from the European Union, Bloomberg News reported on Wednesday. The company could avoid a formal order to change its business practices and potential fines under the Digital Markets Act if its offer, which includes amendments to its anti-spam policies, is approved by market rivals and EU regulators, the report said. Google did not immediately respond to a Reuters request for comment.
SAN FRANCISCO, May 6 () - Artificial intelligence lab Anthropic on Wednesday touted a new feature for its Claude AI, which it calls "dreaming." Available as a research preview, "dreaming" comes with its software for managing agents, or AI programs that perform tasks with little human involvement.
Flex (NASDAQ:FLEX) used its fiscal fourth-quarter earnings call to outline plans to separate its Cloud and Power Infrastructure (CPI) segment into a new publicly traded company, while also reporting record quarterly margins and issuing a fiscal 2027 outlook that reflects sharply higher capital spend
Microsoft is considering delaying or abandoning its 2030 goal of matching its entire hourly electricity use with renewable energy purchases, Bloomberg News reported on Wednesday, citing people familiar with the matter. The expensive and energy-intensive push for data centers is reshaping the feasibility of Microsoft's climate commitments that were made before the AI era and rank among the industry's most ambitious targets, the report said. The discussions were ongoing and no final decision has been made, Bloomberg News added.
French energy technology firm Schneider Electric plans to open a Southeast Asian training centre in Malaysia this year, a senior executive said on Wednesday, as a boom in artificial intelligence infrastructure drives up power demand in the region. Southeast Asia's data centre capacity is expected to grow threefold by 2030, according to analysts, with Malaysia emerging as a major hotspot, attracting investments from tech giants such as Microsoft, Amazon and Alphabet's Google in recent years.
After another dizzying rally yesterday, Intel shares closed at $108.15 a share. With the latest 13% gain, the back-in-favor-again chip giant can claim these accolades: Its market cap of $544 billion, a record for the company, now exceeds that of Oracle and Johnson & Johnson, according to Dow Jones Market Data.
After another dizzying rally on Tuesday, Intel shares now stand at $108.15 a share. With the latest 13% gain, the back-in-favor-again chip giant can claim these accolades: Its market cap of $544 billion, a record for the company, now exceeds that of Oracle and Johnson & Johnson, according to Dow Jones Market Data.
On Sunday, former White House AI and crypto czar David Sacks said artificial intelligence is rapidly becoming one of the most powerful drivers of the U.S. economy as Morgan Stanley raised its forecast for hyperscaler AI infrastructure spending. Morgan Stanley Projects Massive AI Capex Boom From Big Tech Morgan Stanley now expects Amazon.com Inc., Alphabet Inc., Meta Platforms Inc., Microsoft Corp. and Oracle Corp. to collectively spend about $805 billion in capital expenditures in 2026, up from
May 5 () - Anthropic has committed to spend $200 billion with Google Cloud over five years as part of a recent agreement, the Information reported on Tuesday, citing a person with knowledge of the matter. The commitment indicates that the AI startup represents more than 40% of the "revenue backlog" Google disclosed to investors last week, reflecting contractual commitments from its cloud customers, according to the report.
Moby summary of Shopify Inc.'s Q1 2026 earnings call
Last week’s tech earnings put investors’ attention back on AI spending and whether it’s actually paying off. One megacap stands out, surging nearly 10% over the past five trading days, the best five-day performance among the Magnificent 7 stocks. That’s Alphabet. The stock is up 22% year to date as ...
Uber stock and DoorDash stock have had a rough 2026. Can first-quarter earnings help turn the narrative around?
Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts and booming cloud business. The potential reshuffling would put the Google parent at the No.1 spot for the first time in more than a decade. It last held that position briefly in February 2016 before Apple reclaimed the spot. The move reflects a dramatic shift in sentiment as Alphabet emerges as both a major AI services provider with its cloud platform and a key rival to Nvidia in chips through custom processors that have won customers such as Anthropic.
The proposal was rejected in part because the new entities might still have needed to be consolidated on OpenAI's balance sheet
The agreement calls for AI developers to share models with reduced or removed safeguards to evaluate national security-related capabilities and risks.
Strong first-quarter results from five of the so-called Magnificent 7 technology giants have reinforced the bull case for artificial intelligence investment, according to UBS, which is maintaining its attractive rating on US equities and a year-end S&P 500 target of 7,500. Analysts at UBS...
Microsoft-backed (MSFT) OpenAI Chief Executive Sam Altman discussed spinning off the startup's robot
Meta’s stock has languished recently as concern grows over its spending on AI, leaving it unusually cheap. At around 18 times forward earnings, its valuation also represents a discount to other big tech companies. The premium for Google-parent Alphabet’s shares against Meta’s is the highest it has been since 2022.
(Bloomberg) -- Google parent company Alphabet Inc. has kicked off the sale of a six-part debt sale in euros, according to a person familiar with the matter who asked not to be identified.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanction
V2X (NYSE:VVX) executives highlighted double-digit growth, record bookings, and a higher full-year outlook during the company’s first-quarter 2026 earnings call, pointing to continued demand across its portfolio of mission support, aerospace, and training capabilities. First-quarter results show re

(Bloomberg) -- The race to sell retail investors a piece of the AI boom has gone mainstream — closed-end funds, interval funds, special-purpose vehicles. Now, crypto platforms are offering trades tied to the most valuable private AI companies on earth — ones ordinary investors have almost no other way to access.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceChina’s Unprecedented Defiance of US Sanctio