Databricks funding round: Databricks raised $5 billion at a $190 billion valuation after investors offered nearly 15 times ...
Second-quarter free cash flow falls to $784 million from $8.55 billion a year earlier Meta lifts lower end of 2026 capital expenditure outlook to $130 billion from $125 billion Revenue jumps 28% to ...
Use of artificial intelligence (AI) has grown rapidly since the launch of ChatGPT in 2022. Because AI technology requires substantial computing power, tech companies are investing heavily in data ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Wall Street is betting big on, and pouring billions into, AI, as big banks jostle to remain ahead of ...
July marked another strong month for long-term US funds, which attracted $113 billion in net inflows. While inflows moderated slightly from June's pace, July was the fourth consecutive month in which ...
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