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Technology

Yahoo Finance brings you the latest news and expert analysis of the biggest companies and trends in technology.

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Stock Market
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Mergers & IPOs

3 Consumer Stocks in Hot Water

The performance of consumer discretionary businesses is closely linked to economic cycles. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray, and over the past six months, the industry has shed 12.3%. This drawdown was noticeably worse than the S&P 500’s 2.1% decline.

StockStory 3 hours ago

MHK

MOV
OpenAI’s next big bet won’t be a wearable: report

OpenAI pushed generative AI into the public consciousness. Now, it could be developing a very different kind of AI device. According to a WSJ report, OpenAI CEO Sam Altman told employees Wednesday that the company’s next major product won’t be a wearable. Instead, it will be a compact, screenless device, fully aware of its user’s surroundings. Small enough to sit on a desk or fit in a pocket, Altman described it as both a "third core device" alongside a MacBook Pro and iPhone, and an "AI compani

TechCrunch 3 hours ago
1 Unprofitable Stock Worth Your Attention and 2 to Question

Unprofitable companies face headwinds as they struggle to keep operating expenses under control. Some may be investing heavily, but the majority fail to convert spending into sustainable growth.

StockStory 3 hours ago

CHGG

BMBL
Poland's Allegro confirms outlook as Q1 earnings rise

"Not only is the number of active buyers rising in Poland and internationally, but they also continue to spend more with us on average," Allegro's incoming CEO Marcin Kuśmierz said in a statement. Allegro, which runs third-party marketplace platforms also in the Czech Republic, Slovakia and Hungary, said it had 21 million active buyers across the group, a 5.4% rise from a year earlier, including nearly 6 million outside of Poland. Trading conditions were "not the best" in the first quarter, but things were looking "a little bit firmer" so far in the second, finance chief Jon Eastick told Reuters, adding the company was more hopeful for the later part of the year.

Reuters 4 hours ago

ALGM
Microsoft has good news for Elon Musk, bad news for Sam Altman

The tech giant has revealed plans for a shocking change to its cloud platform.

TheStreet 4 hours ago

MSFT
Grupo Werthein invests $40 million into new generative AI company

(Reuters) -Argentina-based investment group Grupo Werthein launched Illumia, a humanized generative AI service, with an initial investment of $40 million, the company said on Wednesday. The investment represents an advancement in AI technology, particularly in enhancing personalized interactions between businesses and their customers. "We aim to use generative artificial intelligence with digital assistants that can converse the same way humans can," Daniel Figueirido, chief executive of Illumia, told Reuters.

Reuters 8 hours ago
President Trump Thinks Walmart Can Absorb the Impact of Tariffs. Can It?

Walmart reported steady growth in the first quarter, but it was impacted by early tariff changes. Although it's the largest company in the world by sales, its profit margin is very low. Walmart has pricing leverage because of its size, and it has a broad strategy to manage new tariffs.

Motley Fool 9 hours ago

WMT

^GSPC
Snowflake raises annual product revenue forecast

The company's shares rose 6% to $190.09 in extended trading after it topped first-quarter results estimates and forecast current-quarter revenue above expectations. Snowflake's push to integrate artificial intelligence into its cloud through partnerships with OpenAI and Anthropic allows customers to build and run more advanced AI models to streamline large swathes of data. The company forecast product revenue in the range of $1.035 billion to $1.040 billion for the current quarter, compared with estimates of $1.021 billion, according to data compiled by LSEG.

Reuters 11 hours ago
Hinge Health, MNTN IPOs Test Strength of US Listing Rebound

(Bloomberg) -- The digital-health and advertising-technology sectors share a rich history of IPO disappointment, making this week’s planned debuts of physical therapy platform Hinge Health Inc. and TV ad software firm MNTN Inc. a test of whether the nascent recovery in the US first-time share sale market can keep going.Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNJ Transit Makes Deal Wit

Bloomberg 11 hours ago

GOOG

DSP
Explore more
Stock Market

Earnings

Crypto

Electric Vehicles

Mergers & IPOs
Google is banking on AI agents, smart glasses to defend its search crown

Google is looking for its next major hit to ensure it holds on to its leadership in search.

Yahoo Finance 11 hours ago

GOOG

META
SpartanNash names Matt Plumb VP Marketing, Retail banners

The role is a new one for the food solutions company

Supermarket News 12 hours ago

SPTN
OpenAI to Acquire iPhone Designer Jony Ive's AI Startup in $6.5 Billion Deal

OpenAI announced plans on Wednesday to acquire io, the artificial intelligence startup launched by former Apple design head Jony Ive.

Investopedia 12 hours ago
Buy now, pay later pitfalls: Many consumers aren't paying loans

Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be a ticket to overspending.

Fox Business 12 hours ago
Spotify says support for external payments on iOS has already boosted subscriptions

Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales. In a newly filed amicus brief in support of Epic Games in its ongoing legal battle with Apple over external payments on the App Store, Spotify claims its internal data indicates that its recent update supporting web payments has resulted in "a significant increase in iOS users upgrading to a Premium subscription." Shortly after the U.S. District Court in Northern

TechCrunch 12 hours ago

AAPL

SPOT
Sir Jony Ive joins OpenAI in $6.5bn deal to topple iPhone

Apple’s former chief designer Sir Jony Ive has joined OpenAI in a $6.5bn (£4.8bn) deal to challenge the iPhone.

The Telegraph 13 hours ago

AAPL
OpenAI’s hiring of legendary former Apple design boss Jony Ive is a $6.5 billion move to dominate the AI age by creating the next iPhone

The deal for the startup founded by the iPhone's chief designer is OpenAi's biggest ever.

Fortune 13 hours ago

AAPL
Former Apple design chief Jony Ive is joining OpenAI

Jony Ive, the famous former Apple design chief credited with shaping the company’s product design, is joining ChatGPT maker OpenAI.

CNN Business 13 hours ago

AAPL
Apple's famed design leader Jony Ive is coming to OpenAI

OpenAI is acquiring io, a hardware startup co-founded by Apple (AAPL) design legend Jony Ive, in a deal valued at approximately $6.5 billion, the company announced Wednesday.

Quartz 13 hours ago

AAPL
Use This Tool to Find Hot China Stocks

Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Investors can utilize them to find exposure to many popular themes.

Zacks 14 hours ago

BABA
Jony Ive to lead OpenAI's design work following $6.5B acquisition of his company

OpenAI is acquiring io, the device startup that CEO Sam Altman and famed Apple designer Jony Ive have quietly been working on for two years, in an all-equity deal that values that startup at $6.5 billion, according to The Wall Street Journal. As part of the unusual deal announced Wednesday, Ive and his design firm, LoveFrom, will now lead creative and design work at OpenAI. "thrilled to be partnering with jony, [in my opinion] the greatest designer in the world," said Altman in a post on X Wedne

TechCrunch 14 hours ago

AAPL
OpenAI buys former Apple design chief Jony Ive's startup for $6.5 billion in AI product push

Former Apple designer Jony Ive is teaming with OpenAI's Sam Altman to create AI-powered consumer devices.

Yahoo Finance 14 hours ago

GOOG

META
Meta launches program to encourage startups to use its Llama AI models

Meta is launching a new program to incentivize startups to adopt its Llama AI models. The program, Llama for Startups, provides companies "direct support" from Meta's Llama team, as well as funding in certain cases. Any U.S.-based firm that is incorporated, has raised less than $10 million in funding, has at least one developer on staff, and is building generative AI applications is eligible to apply by the May 30 deadline. "Members may receive up to $6,000 per month for up to six months to help

TechCrunch 14 hours ago
OpenAI buys iPhone designer Ive's hardware startup, names him creative head

LoveFrom, the design firm founded by Ive after leaving Apple, has been working with OpenAI for two years on generative AI devices - an area where startups have stumbled due to high computing demands, including flops such as Humane's AI Pin. With Ive leading design, OpenAI aims to pair the technology behind its popular ChatGPT chatbot with the product design expertise that made devices such as the iPhone bestsellers.

Reuters 15 hours ago
5 must-know tips for financial advisors going virtual

Virtual client meetings have boomed since the COVID-19 pandemic, but advisors say the digital shift is far from over. Here's how virtual advisors are getting ahead of the curve.

Financial Planning 15 hours ago
Reproductive health startup raises $65M for infertility drugs

Founded in 2021, ReproNovo has licensed rights to two drugs from Mereo BioPharma and ObsEva that it thinks could address fertility issues in men and women.

BioPharma Dive 15 hours ago
Microsoft Build Conference: Analysts weigh in

Investing.com -- Microsoft’s 2025 Build Conference highlighted the company’s growing focus on AI agents and developer tools.

Investing.com 15 hours ago

MSFT

C
Sam Altman’s World Raises $135M in Token Sale to a16z and Bain Capital Crypto

Funds from the venture capital giants will be used for the network's expansion.

CoinDesk 15 hours ago
ezCater announces new CEO and CFO

Nihad Rahman has been part of ezCater since 2022, initially serving as CFO before taking on the interim CEO position in January 2025.

Verdict Food Service 15 hours ago
TikTok Adds a Dedicated AI Assistant for In-App Sellers

TikTok's new "Seller Assistant" will provide guidance to help optimize your TikTok Shop listings.

Social Media Today 15 hours ago
Adobe Jumps 19% in a Month: Is There Any Momentum Left in the Stock?

ADBE's performance is expected to remain subdued in the near term due to stiff competition and stretched valuation despite an innovative AI-powered portfolio.

Zacks 16 hours ago

ADBE

MSFT
AI is helping to curb Microsoft’s finance headcount growth, exec says

The tech giant’s finance team has “no appetite right now to continue to grow our headcount at the same pace” as in previous years, Microsoft’s Cory Hrncirik said.

CFO Dive 16 hours ago

MSFT
Amazon rolls out short-form AI-powered audio product summaries for select items

Amazon is testing short-form AI-powered audio product summaries on select product pages, the company announced on Wednesday. The audio summaries are voiced by what Amazon calls "AI-powered shopping experts" that discuss key product features, customer reviews, and information from across the web. The new AI product summaries can be accessed by tapping the “Hear the highlights” button in the Amazon Shopping app. Amazon will test the feature on products that typically require consideration before p

TechCrunch 16 hours ago

AMZN
Meta Shares Insights on the Business Benefits of Open Source AI

A look at how businesses view adoption of Meta's open source Llama AI models.

Social Media Today 16 hours ago
What Makes Phibro Animal Health (PAHC) a Strong Momentum Stock: Buy Now?

Does Phibro Animal Health (PAHC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks 16 hours ago

PAHC
Siro lands $50M to expand its AI-powered coaching for sales reps

An increasing number of meetings have an AI note-taker present that transcribes the call and provides action items. Siro wants to do the same for sales folks who are on the ground and talking to customers face-to-face. The company on Wednesday announced it has secured $50 million in a Series B round led by SignalFire with participation from Dick Costolo and Adam Bain's VC firm 01 Advisors. Square CPO Saumil Mehta; the founders of business management software Squire, Songe LaRon and Dave Salvant;

TechCrunch 16 hours ago
Google is bringing ads to AI Mode

Google on Wednesday detailed its plans to bring ads to AI Mode, the company's AI-powered experience in Google Search. Ads may appear "where relevant" below and "integrated into" AI Mode responses as part of a test, Google says. AI Mode lets Google Search users ask a question and get an AI-generated response, with the ability to go deeper through follow-up questions and links to websites. "In some cases, a website builder might be a good next step [in an AI Mode query], so we may show a helpful a

TechCrunch 16 hours ago

GOOG
TED’s app launches a short-form video feature ahead of potential TikTok ban

With TikTok still facing the possibility of a ban in the U.S., the popularity of short-form video content continues to grow. The latest company to enter this space is TED, the non-profit best known for its TED Talks featuring prominent figures like Bill Gates, Elon Musk, Jeff Bezos, and the late Pope Francis. On Wednesday, the company announced its new short-form video feature, aptly named “TED Shorts.” The feature has gradually rolled out to users since the beginning of May. Available on both i

TechCrunch 16 hours ago
Workday Unveils Illuminate AI Agents to Accelerate Workflows

WDAY expands Illuminate AI with new intelligent agents to accelerate hiring, finance and frontline operations.

Zacks 16 hours ago

WDAY

IDCC
Gen Z creators may soon have a new $20,000-paying side-gig thanks to this new Instagram feature

The photo sharing platform is testing a program that will enable creators to earn $100 for every new user who they bring to Instagram.

Fortune 16 hours ago
Dairy Queen CEO says he learned from Warren Buffett that being the ‘smartest person in the world’ isn’t the most important attribute for success

Other leaders like Melinda French Gates and Amex CEO Stephen Squeri have taken the Omaha investor’s advice to heart in navigating business.

Fortune 16 hours ago
Allegiant to Launch New Flights for Boosting Connectivity

The latest move is expected to boost ALGT's competitive position in the airline industry.

Zacks 16 hours ago

ALGT

CPA
Zacks Initiates Coverage of Palladyne AI With Neutral Recommendation

Find out why Zacks has given PDYN a "Neutral" rating, being the first on Wall Street to initiate coverage on the stock. Explore how defense traction, AI innovation and strong liquidity are balanced against commercialization risks and competitive pressure.

Zacks 16 hours ago
TikTok Expands Music Options With SoundCloud Integration

A new way to expand music discovery via TikTok clips.

Social Media Today 16 hours ago
Celestica vs. Plexus: Which EMS Stock is a Better Bet Right Now?

CLS is riding on growing demand for its 400G and 800G switches in AI applications, while PLXS is witnessing strong demand in healthcare and semicap verticals.

Zacks 16 hours ago

CLS

PLXS
FOXA Rises 16.3% YTD: Should You Buy, Sell or Hold the Stock?

Fox showcases strong fundamentals, driven by consistent audience engagement and demand, which investors may see as a compelling investment opportunity in 2025.

Zacks 16 hours ago
Google Announces a Range of AI Powered Ad Updates at Marketing Live

Google's rolling out a range of AI-powered tools for advertisers.

Social Media Today 16 hours ago

GOOG
2 No-Brainer Warren Buffett Stocks to Buy Right Now

Amazon's ecosystem of services gives the company a wide competitive moat. Warren Buffett's Berkshire Hathaway has been a wealth-building machine for shareholders. Here are two stocks from Berkshire's portfolio that could be great buys for 2025 and beyond.

Motley Fool 16 hours ago

AMZN
Circle co-founder to build new ‘AI-native’ bank

Catena Labs recently secured $18 million in a seed funding round, which it plans to use to build a bank designed to serve the emerging AI economy, said co-founder and CEO Sean Neville.

Banking Dive 16 hours ago
DELL Surges 37% in a Month: Should You Buy the Stock Now or Wait?

Dell Technologies stock benefits from an expanding portfolio and rich partner base, but near-term PC market weakness and stiff competition pose risk.

Zacks 17 hours ago

DELL

NVDA
Crypto’s Market Penetration Tipping Point

Crypto is expected to cross the 10% threshold of adoption in 2025, marking the transition from niche to mainstream, says Psalion's Alec Beckman.

CoinDesk 17 hours ago
Solana's Seeker Phone Coming in Early August Along With SKR Token

"SKR will power economy, incentives, and ownership across the ecosystem," said the mobile team at Solana Labs.

CoinDesk 17 hours ago
Navigating Market Volatility: ICR to Host Conference Spotlight Series Webinar Today, May 21

By Exec Edge Editorial Staff ICR, a global strategic communications and advisory firm, announced it is hosting its Conference Spotlight Series webinar today, May 21, 2025, from 12-1pm ET. The event will feature expert insights on capital markets readiness and communication strategies with analysts and investors amid the current trade environment, the company stated. The webinar […]

Exec Edge 17 hours ago

JPM
Deloitte to establish four technology centres across UK

Deloitte’s technology centres are anticipated to double the workforce to 1,500 within the next three years.

International Accounting Bulletin 17 hours ago
Mistral's new Devstral AI model was designed for coding

AI startup Mistral on Wednesday announced a new AI model focused on coding: Devstral. Devstral, which Mistral says was developed in partnership with AI company All Hands AI, is openly available under an Apache 2.0 license, meaning it can be used commercially without restriction. Mistral claims that Devstral outperforms other open models like Google's Gemma 3 27B and Chinese AI lab DeepSeek's V3 on SWE-Bench Verified, a benchmark measuring coding skills. "Devstral excels at using tools to explore

TechCrunch 17 hours ago
Nvidia, American Express join the FinOps Foundation

The nonprofit trade group also welcomed AMD, Snowflake and ServiceNow to its ranks Wednesday amid a tech sector push to curb cloud spend.

CIO Dive 17 hours ago

NVDA
Google's AI agents will bring you the web now

For the last two decades, Google has brought people a list of algorithmically selected links from the web for any given search query. At I/O 2025, Google made clear that the concept of Search is firmly in its rearview mirror. On Tuesday, Google CEO Sundar Pichai and his executives presented new ways to bring users the web, this time intermediated through a series of AI agents. “We couldn't be more excited about this chapter of Google search where you can truly ask anything [...] your simplest an

TechCrunch 17 hours ago

GOOG
TechCrunch Sessions: AI welcomes Tanka CEO Kisson Lin to talk AI-native startups

We're ecstatic to announce that Kisson Lin, founder and CEO of Tanka, will be joining us at TechCrunch Sessions: AI for a provocative — and instructive — interview titled "Your Next Co-Founder Will Be AI." She's among the many excellent speakers joining the AI conference on June 5 at UC Berkeley's Zellerbach Hall, and there's still plenty of time to register to get your seat at the table to learn from their expertise — with up to $600 in savings. If you don't already know Lin, her company powers

TechCrunch 17 hours ago
Shopify launches AI tool that builds complete online stores from keywords

The "AI Store Builder" generates three store layouts, complete with images and text, based on the keywords, helping sellers significantly reduce the time and resources required to design their store website. While Shopify has offered various AI-based tools and third-party applications to assist merchants in building their stores, the AI Store Builder is the first integrated feature that fully automates the website setup process. "Instead of just having a merchant click and drag and fill out text fields on how they want their site to look - which can be really daunting for some - we thought why not ask them more open-ended questions and set up their store in the best likeness we can imagine, using AI," said Vanessa Lee, vice president of product at Shopify.

Reuters 18 hours ago

SHOP
Nebius' Q1 Loss Widens Y/Y, Revenues Rise on Strong Core AI Growth

NBIS reports first-quarter results wherein revenues grow year over year, driven by solid growth in its core AI business.

Zacks 18 hours ago

SAP
SBA loans vs. business lines of credit: Which is best for small businesses?

LegalZoom says that while the U.S. Small Business Administration helps connect small businesses to government-approved lenders, not all businesses need a large loan and may benefit from flexible access to credit.

Stacker 18 hours ago
Shopify launches an AI-powered store builder as part of its latest update

Shopify is giving its merchants a slew of new AI-powered tools designed to help them enhance the online shopping experience for their customers. This includes an AI store builder for users to set up storefronts using a single prompt, as well as an AI generator for creating elements (such as banners) without knowing how to code. The platform also upgraded Sidekick, its AI commerce assistant, with new voice chat and screen sharing capabilities. These updates were announced on Wednesday during Shop

TechCrunch 18 hours ago

SHOP
Amazon vs. Oracle: Which Cloud Computing Stock is a Better Bet?

While both trade at premium valuations, AMZN's superior scale, AI capabilities, and execution make it a better cloud investment than ORCL.

Zacks 18 hours ago

ORCL

AMZN
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Zacks 18 hours ago
Channel 4 cuts spending on programmes as finances squeezed

Channel 4 is spending less on making programmes than almost ever before as it ramps up efforts to bolster its finances.

The Telegraph 19 hours ago
Why this activist investor wants big changes at billionaire media mogul Barry Diller's IAC

Arkhouse managing partner Gavriel Kahane explains why his firm has taken an activist position in media giant IAC.

Yahoo Finance 19 hours ago

M

IAC
CRDO vs. AVGO: Which AI-focused Semiconductor Stock is the Better Buy?

Both Credo and Broadcom are well-positioned to gain from the rapidly growing AI-driven data center market. Let's find out which semiconductor stock is a better bet.

Zacks 19 hours ago

AVGO

CRDO
Behind Trump’s ‘Most Exclusive’ Dinner, a Partner Sells Access

(Bloomberg) -- A dinner on Thursday in Washington — billed as the “Most Exclusive Once in Lifetime Invitation” — is the latest and boldest spectacle Bill Zanker has launched for Donald Trump.Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNJ Transit Makes Deal With Engineers, Ending Three-Day StrikeSince Zanker co-authored a 2007 book with Trump, they’ve had a number of splashy collaboration

Bloomberg 19 hours ago
Buy These 3 Technology Mutual Funds for Outstanding Returns

Below, we share with you three technology mutual funds, viz., FSELX, KTCAX and FDCPX. Each has a Zacks Mutual Fund Rank #1.

Zacks 20 hours ago
Is BigBear.ai Stock a Buy Now?

This AI underdog could struggle for the foreseeable future.

Motley Fool 20 hours ago

BBAI-WS
Glytec and MUSC Health partner for diabetes management across hospitals

The move aims to enhance patient safety and clinical results.

Hospital Management 20 hours ago
Arkema to Expand its Portfolio of Low-GWP Refrigerant Solutions

ARKAY is expanding its range of next-generation refrigerants by offering HFO blends under its Forane brand.

Zacks 20 hours ago

AKE.PA

CRS
Staples conducts fulfillment operations overhaul

The office supplies retailer is implementing a new warehouse management system across its network to support next-day delivery efficiency.

Supply Chain Dive 20 hours ago
Why executives need to redefine what ‘hustle culture’ means for their employees

Today’s workforce must work smarter, not harder, and that starts by offering benefits to support their wellbeing.

Fortune 20 hours ago
The ‘executive dilemma’: How high-performing CFOs stand out in the C-suite

The bar keeps rising on what it means to excel at the top.

Fortune 20 hours ago
SAP & Accenture Unveil ADVANCE to Boost Cloud-First Transformation

SAP and Accenture jointly launch ADVANCE, offering an accelerated and strategic pathway to the cloud for businesses with annual revenues of up to $5 billion.

Zacks 21 hours ago

ACN

SAP
Exclusive: Clair, embedded earned wage access startup, raises $23.2 million Series B

Clair has raised $23.2 million for its Series B, led by Upfront Ventures and with participation from Thrive Capital, Fortune can exclusively report.

Fortune 21 hours ago
Uber Freight bets big on AI tools to grow its business

Three years ago, as the pandemic caused chaos for companies big and small, Colgate-Palmolive’s chief supply chain officer Luciano Sieber orchestrated a “logistics blitz.” The result gave Sieber a better understanding of how Colgate-Palmolive moves its products around the world. But it stuck Sieber with another problem: too much data. About a year ago, Sieber says he found a solution to that problem with Uber Freight. The ride-hailing service’s long-running logistics and analytics arm has been de

TechCrunch 21 hours ago

UBER

CL
Kering Eyewear and Google team to develop AI smart glasses

The new eyewear will feature AI-based functions ranging from smart interactions to contextual awareness.

Verdict 21 hours ago

PPRUY

GOOG
Fintech Airwallex valued at over $6 billion in latest funding round

(Reuters) -Payments firm Airwallex said on Wednesday it was valued at $6.2 billion in its latest fundraise of $300 million, marking a nearly 11% jump in valuation from its previous financing in 2022. An impending private market revival has been delayed by U.S. President Donald Trump's flip-flop trade and geopolitical maneuvers. However, Airwallex's latest valuation represents an increase from the $5.5 billion it achieved in an extension to its series E round about three years back.

Reuters 21 hours ago
I left Big Tech years ago, but I still get cold reach-outs from recruiters at companies like Meta and OpenAI. Here's how.

Daliana Liu was a data scientist at Amazon and a startup before leaving the industry to run her own business. She still gets recruiters in her DMs.

Business Insider 22 hours ago
OpenAI, Google, xAI battle for superstar AI talent, shelling out millions

SAN FRANCISCO (Reuters) -The contest in Silicon Valley to dominate artificial intelligence is playing out on a new court: superstar researchers. While the scramble to attract top talent and keep them happy has always been a hallmark of the tech industry, since ChatGPT launched in late 2022, recruiting has escalated to professional athlete levels, a dozen people who have been involved in recruiting AI researchers told Reuters. “The AI labs approach hiring like a game of chess,” said Ariel Herbert-Voss, CEO of cybersecurity startup RunSybil and a former OpenAI researcher who entered the talent fight after launching his own company.

Reuters 22 hours ago

GOOG
'Neocloud' Crusoe secures $11.6 billion funding for Texas data center

Launched in 2018 as a cryptocurrency business, Crusoe has pivoted to building artificial intelligence infrastructure and is among the upcoming "neoclouds" that provide specialized AI cloud and data-center services. It has been tapped by Oracle to build the first data center for Stargate, a venture between OpenAI, SoftBank and Oracle, which plans to spend $500 billion to fund AI infrastructure, according to a Reuters report in January. The Wall Street Journal first reported about the latest funding earlier in the day.

Reuters 22 hours ago

OPAI.PVT

NVDA
Otelier partners with Preferred Hotels & Resorts

Otelier's IntelliSight platform is now accessible to Preferred member hotels.

Hotel Management Network 22 hours ago
Ensemble and Solventum to launch autonomous coding solution for hospitals

The partnership is set to integrate Solventum’s AI technology with Ensemble's operational capabilities.

Hospital Management 22 hours ago
Duolingo drama underscores the new corporate balancing act on AI hype

Wall Street loves when companies boast about using AI. But customers hate it.

Business Insider 22 hours ago
Where Will Cardano Be in 1 Year?

Cardano enables fast, low-cost transactions for a growing ecosystem of smart contracts and decentralized applications. Cardano's ADA token is one of five cryptocurrencies the U.S. intends to hold in a strategic crypto reserve. Several network upgrades expected this year may serve as a catalyst for Cardano's price to climb into 2026 and beyond.

Motley Fool 22 hours ago
How Lenovo’s CMO balances B2C and B2B marketing in the age of AI

Emily Ketchen discusses bringing artificial intelligence into the marketing organization and how to stay agile during periods of macro pressure.

Marketing Dive 22 hours ago

LNVGY
Lekkerland digitalises autonomous smart kiosks with VusionGroup tech

With VusionGroup’s tech, Lekkerland will have full control and real-time kiosk visibility from its head office.

Retail Insight Network 22 hours ago
Bull of the Day: D-Wave Quantum (QBTS)

This quantum rocket just launched 150% since earnings 2 weeks ago--what is driving the mania?

Zacks 22 hours ago
The Best Stocks to Invest $50,000 in Right Now

Robinhood is growing fast, and is popular with younger investors. The fundamentals of Meta Platforms are impossible to ignore. There are thousands of stocks to choose from, and most of them won't outperform the major stock market indexes.

Motley Fool 22 hours ago

HOOD

META
Big Money Keeps Buying Palantir

Big Money inflows push shares of data mining company Palantir Technologies, Inc. (PLTR) higher.

FX Empire 22 hours ago

PLTR
PwC launches new AI hub in Singapore

It has committed to over $4m over the next three years to this initiative, while also securing backing from the EDB.

Investment Monitor 23 hours ago
How Quizlet’s CFO is driving growth in the ‘freemium’ market

Ismail Orujov shares how he is using his self-built finance team and functions to help continue organizational growth in a space growing with competition.

CFO.com 23 hours ago
Paris named as Europe’s leading tech ecosystem, beating London

STOCKHOLM (Reuters) -Paris has been named as the new European tech champion, beating London for the first time on some metrics, according to data from Dealroom, which collects information on startups and venture capital firms. Between 2017 and 2024, the combined enterprise value of Paris startups increased 5.3 times, compared with 4.2 times for London, Dealroom said, after assessing dozens of metrics that contribute to a successful tech ecosystem. Although London attracted bigger funding rounds, the actual valuations of the companies have not increased dramatically, while the funding rounds secured by Paris-based companies have had a bigger impact on valuations, it said.

Reuters 23 hours ago
Did Nvidia Just Say "Checkmate" to Rivals?

Nvidia CEO Jensen Huang, speaking at Computex this week, announced a new release that could broaden the chip giant's reach. Nvidia (NASDAQ: NVDA) built an empire in what could be today's most promising technology: artificial intelligence (AI). Initially, Nvidia sold this product to the gaming market, because producing high-resolution, fast-moving video game graphics is just the sort of task that parallel processors are made for.

Motley Fool 23 hours ago

NVDA
Inside Ally’s customer referral program

The effort, launched last year, accounts for about 15% of the digital bank’s account volume, an executive said. Now Ally is adding a QR code and wants to use opportune moments to promote the program.

Banking Dive 23 hours ago
Medtronic plans to spin off diabetes business within 18 months

CEO Geoff Martha told investors the split simplifies Medtronic’s portfolio, while creating a stand-alone diabetes tech competitor.

MedTech Dive 23 hours ago

MDT
Better Artificial Intelligence (AI) Stock: Nvidia vs. CoreWeave

Nvidia and CoreWeave are two AI companies exhibiting exciting sales growth. Nvidia's artificial intelligence products are poised to capitalize on the age of AI reasoning. CoreWeave experienced a jaw-dropping 420% year-over-year increase in revenue in Q1, its first quarter as a public company.

Motley Fool yesterday

NVDA

CRWV
Seattle manager combines sheet metal work with technology

Over her 13-year career in the industry, Liz Fong has become an expert in software management, process development and coding.

Construction Dive yesterday
Carmakers rev up AI efforts amid economic uncertainty

Ford, General Motors and Toyota pursue use cases to enhance customer experience, optimize costs and drive profits, executives said in their latest financial reports.

CIO Dive yesterday

TM

F

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