Concerns about the future of the artificial intelligence boom intensified this week after multiple reports revealed that OpenAI, the company that helped ignite the generative AI race with ChatGPT, has reportedly fallen short of its own ambitious growth and revenue expectations. The developments have sparked wider questions about whether the enormous spending pouring into AI infrastructure can continue at its current pace and whether OpenAI can maintain its leadership position

Nebius shares surged after a fund led by former OpenAI researcher Leopold Aschenbrenner disclosed a major stake in the AI cloud company, drawing fresh investor attention to one of the rising names in AI infrastructure. The fund, Situational Awareness, now owns about 12.4 million Class A shares in Nebius, representing roughly a 5 to 5.6 per cent stake. The disclosure pushed Nebius stock higher on Thursday, with shares rising around 7 to 9 per cent and reaching their highest le

Wix is facing one of the most difficult periods in its history as the company prepares to cut approximately 1,000 jobs, or around 20% of its workforce, following disappointing financial results and a dramatic decline in investor confidence. The layoffs, expected to be the largest in the company’s history, come as Wix struggles to adapt to a rapidly changing technology industry increasingly shaped by artificial intelligence. After years of growth as a website-building platform

Nvidia is once again showing how central it has become to the artificial intelligence boom. The company forecast second-quarter revenue of $91 billion, plus or minus 2 percent, beating Wall Street expectations of $86.84 billion. Alongside the strong outlook, Nvidia announced an $80 billion share buyback program and raised its quarterly cash dividend from 1 cent per share to 25 cents. Even with those major announcements, Nvidia’s shares slipped in extended trading, showing tha

Qualcomm’s stock took a sharp hit as the semiconductor sector pulled back from a powerful artificial intelligence-driven rally. Shares of Qualcomm dropped more than 11%, marking the company’s worst trading session since 2020. The decline came as investors moved away from riskier growth stocks after a hotter-than-expected inflation reading raised concerns about interest rates and market valuations. The selloff also affected several other chip companies, with Intel falling 7%,

Datadog’s latest earnings report has sent a strong message across Wall Street: the artificial intelligence boom is creating clear winners in the software industry, especially among companies that support the infrastructure behind AI systems. The cloud monitoring company saw its stock surge more than 30% after reporting stronger-than-expected results and raising its guidance for the year. The jump marked one of Datadog’s biggest single-day gains since going public and showed i

Warren Buffett may no longer be leading Berkshire Hathaway, but artificial intelligence is still playing a major role in the company’s future. After Buffett retired as CEO on Dec. 31 following roughly six decades at the helm, Greg Abel took over responsibility for Berkshire’s $313 billion investment portfolio. That handoff also included major exposure to AI through three key holdings: Apple, Alphabet, and Amazon. Together, those positions represent about $64 billion in invest

Google’s rapid ascent in the AI race is reshaping the dynamics of the tech and semiconductor markets, with its newly released Gemini 3 model emerging as a major catalyst. The model debuted to enthusiastic reviews, including high praise from Salesforce CEO Marc Benioff, who declared he is “not going back” to ChatGPT after trying it out (Investors Business Daily). Google parent Alphabet’s stock has surged accordingly, rising nearly 5 percent on Monday after an 8 percent ral

Nvidia’s latest earnings paint a picture of a company not just riding the AI wave, but helping create its momentum. The chipmaker reported an astonishing $57 billion in revenue for the third quarter, a 62% jump from the same period last year (TechCrunch; Yahoo Finance; Startup Ecosystem). This surge was matched by equally impressive profitability: net income soared to $32 billion, up 65% year-over-year (TechCrunch; Yahoo Finance; Startup Ecosystem). Both figures blew past Wal