Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
When Nvidia lost $600 billion in market value in a single day last month, it was because some investors feared for the future of the artificial intelligence chipmaker. DeepSeek, a…
Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid
Federal electricity regulators on Tuesday approved a proposal from the nation’s largest electric grid operator that could effectively give new natural gas power plants priority in connecting to the grid…
How Sam Altman Sidestepped Elon Musk to Win Over Donald Trump
At President Trump’s inauguration, Sam Altman, the chief executive of OpenAI, was relegated to the overflow room while other tech billionaires like Elon Musk and Mark Zuckerberg took prime spots…
Microsoft and Nvidia Take a Quieter Approach to Trump
Friday afternoon last week, Jensen Huang, the chief executive of the chipmaker Nvidia, slipped into the White House to meet President Trump for the first time. There was no fanfare,…
Big Tech Keeps Its A.I. Data Center Spending Boom Alive
Wall Street went into panic mode about two weeks ago after the Chinese start-up DeepSeek released an artificial intelligence system that appeared to be radically more efficient than what its…
Alphabet Earnings Fall Short of Expectations as Google Cloud Sales Disappoint
Alphabet, Google’s parent company, reported sales that narrowly fell short of Wall Street’s expectations, weighed down by disappointing growth in the company’s cloud-computing division, which sells the company’s artificial intelligence…
Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek
The Chinese A.I. start-up DeepSeek upended the prevailing view that artificial intelligence systems require huge amounts of power and investment. But Blackstone, the private equity behemoth and a major global…
SoftBank in Talks to Invest Up to $25 Billion in OpenAI
OpenAI, the San Francisco artificial intelligence company that has been on a yearslong money-raising frenzy, is in talks with the Japanese conglomerate SoftBank for an investment up to $25 billion,…
Meta Agrees to Pay Trump $25 Million to Settle His Lawsuit
Meta agreed to pay President Trump $25 million to settle a 2021 lawsuit he filed after the company suspended his Facebook and Instagram accounts following the Jan. 6 riot at…
Microsoft Continues A.I. Spending Growth as Profit Grows 10%
Investors worried about how much money big technology companies are spending on artificial intelligence did not get much relief from Microsoft when it reported its latest financial results on Wednesday.…