Dell, HPE and Lenovo aim for a bigger slice of an AI-server market set to grow 55% in 2025, reaching $252 billion. While hyperscale cloud providers may account for the majority of this growth, tier-2 providers such as Tesla and Coreweave are also playing a significant role.

High-bandwidth memory chips can offer enhanced performance with each new generation. According to a Bloomberg Intelligence analysis, many AI customers prioritize high speed over low cost in high bandwidth memory chips due to the importance of time to market.

Uber is using gig workers to get into the AI labeling business, Bloomberg reports. It’s a sign that the ridehail and delivery company is interested in expanding its independent contractor-powered business model to meet the demands of the fast-growing world of machine learning and large-language models.

The artificial intelligence revolution is driving such an insatiable quest for cash that it’s rewiring one section of US capital markets.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyNew York’s Transit Agency Approves $9 Congestion TollTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNY Congestion Pricing Survived a Pause.

We recently compiled a list of the 15 AI News and Ratings Trending on Financial Media. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the

Black Forest Labs, the German artificial intelligence startup that helps Elon Musk’s Grok produce images, is in talks to raise as much as $200 million from investors including Andreessen Horowitz less than four months after it launched.

(Bloomberg) -- Anthropic Chief Executive Officer Dario Amodei ... about how we do it,” Amodei said in response to a question on the topic Wednesday at an AI safety summit in San Francisco hosted by the US Departments of Commerce and State.

Optimism about Baidu Inc.’s US-listed shares is waning ahead of the company’s third-quarter results, as traders debate whether the search engine’s artificial intelligence efforts will pay off.

OpenAI's ChatGPT is two years old and has already changed how we live and work. Here's what to expect from it next.

According to JP Morgan, the S&P will propel to new heights this New Year, and artificial intelligence is one of the reasons why.

The Dow added 1.4% this week, bringing its gain for November to 7.5%. The S&P 500 and Nasdaq Composite each advanced 1.1% on the week, ending 2024's penultimate month higher by more than 5% and 6%, respectively. With those gains, the Dow and S&P 500 notched their best months of 2024.

The nonprofit arm of OpenAI reported receiving $5 million in public contributions in 2023, though the sources remain undisclosed. By the end of the year, OpenAI’s nonprofit listed net assets exceeding $21 million—a stark contrast to the $6.6 billion raised by its for-profit entities in October to drive AI development.