
Alibaba Stock Climbs on Expanded AI Investment Plans
Alibaba's stock is rising after the company announced it will increase its AI infrastructure spending beyond the planned $53 billion, prompting analyst upgrades.
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Alibaba's stock is rising after the company announced it will increase its AI infrastructure spending beyond the planned $53 billion, prompting analyst upgrades.
A deep dive into whether traditional stocks or the decentralized asset Bitcoin is better positioned for long-term survival in a future shaped by artificial intelligence.
A new study of 22,000 corporate earnings calls reveals that firms discussing AI early and often saw significant stock price increases, with markets rewarding adoption over speculation.
Recent studies reveal a significant gender gap in AI adoption, with women being 20% less likely to use the technology. Data shows differing motivations, with women often seeking practical solutions wh
Billionaire investor David Einhorn warns the current surge in AI spending is "extreme" and risks "capital destruction," drawing parallels to the dot-com bubble.
Innovatech Corporation has announced a $1.5 billion plan to build a new artificial intelligence research hub in Austin, Texas, creating over 2,000 jobs.
Technology giants like Microsoft and Oracle are using finance leases to fund their massive AI infrastructure buildouts, a strategy that preserves cash flow but hides the full scale of their investment
AI company Anthropic announced a major global expansion, appointing Chris Ciauri as international head as its run-rate revenue surpasses $5 billion.
The Qatar Investment Authority and Blue Owl Capital have launched a $3 billion partnership to invest in digital infrastructure, targeting data centers to meet surging AI demand.
The Ethics & Religious Liberty Commission has published a new guide to help Christians navigate the moral and ethical implications of artificial intelligence.
A new six-year Medicare pilot program will use artificial intelligence for procedure approvals in six states, sparking debate among doctors and lawmakers.
Global consulting firm Accenture has cut over 11,000 jobs as part of an $865 million restructuring focused on shifting its workforce skills towards artificial intelligence.