AI disruption is set to accelerate this year, spreading to more borrowers, UBS’s credit strategists wrote. The impact could ...
Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with ...
Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero, a rare stumble for a strategy touted as ...
ChatGPT kicked off the AI boom, but it was a landmark partnership between its developer OpenAI and software giant Microsoft Corp. that laid its financial foundations. This playbook has been repeated ...
A group of banks led by Deutsche Bank AG has been unable to sell about $1.2 billion of loans backing the acquisition of a ...
But a Harvard Business Review study last year found the top uses for generative AI were much more human: for ...
Congress is one step closer to gaining the authority to review artificial intelligence chip sales to China, a move likely to open a rift with the Trump administration over plans to let Nvidia Corp.
Baker Hughes Co., one of the world’s biggest oilfield contractors, said it plans to double its data center equipment order target to $3 billion over a three-year period, driven by surging demand for ...
Advanced Micro Devices Inc. suffered its worst stock decline in nearly nine years after the chipmaker’s sales forecast ...
Microsoft Corp. is rolling out its second-generation artificial intelligence chip, the centerpiece of the company’s push to ...
BlackRock Inc. Chief Executive Officer Larry Fink said there is no bubble in artificial intelligence, emphasizing the volume of investment needed to develop the technology.
The tech giant reported hundreds of thousands of cases of suspected child sexual abuse material, but won’t say where it came ...