Alphabet beat Wall Street expectations for first-quarter revenue. Google Cloud topped $20 billion, growing 63% over last year. The company also updated its full-year capital expenditure range to as ...

Alphabet's stock is up 7% in Wednesday's extended session, a standout performance as Amazon's stock gains to a lesser extent and as Microsoft and Meta shares decline. All four companies beat earnings ...

Anthropic is closing in on its first quarterly operating profit, a person familiar with the matter told Reuters, as its sales eclipse the enormous costs to develop and deploy artificial intelligence.

Anthropic (ANTHRO) said on Friday that Google (GOOG) (GOOGL) is set to invest up to $40B in the generative artificial intelligence company and provide it with 5 gigawatts of computing power. Alphabet ...

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Alphabet will invest up to $40 billion in AI startup Anthropic, starting with $10 billion at a $350 billion valuation and the rest tied to performance milestones. The deal includes 5 gigawatts of ...

Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports. The Alphabet subsidiary is committing to invest $10 billion now, at a $350 ...

Meta took the brunt of investor concerns on Wednesday over how the biggest US tech firms are spending massive sums on artificial intelligence (AI). Shares in the company, which owns Facebook and ...

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SEOUL, April 22 : SK Hynix said on Wednesday it plans to invest 19 trillion won ($12.85 billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand for AI ...

STOCKHOLM, April 24 : Electrolux shares plunged 24 per cent on Friday as weak U.S. demand hit its first-quarter results, hours after it announced a $1 billion rights issue and a North American tie-up ...