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The Latest Breaking News from Artificial Intelligence

This Data Center Stock Is Up 733% in a Year

IREN, formerly known as Iris Energy (IREN) , operates renewable-powered data centers for Bitcoin mining and artificial intelligence. IREN has surged 733% in the past year, with strong technical indicators and a Trend Seeker “Buy” signal. Analysts project robust revenue and earnings growth for IREN, but opinions are mixed due...

Barchart

OpenAI Is Reportedly Working On A Five-Year Plan To Fulfill Its Massive Spending Pledge

OpenAI is reportedly chasing new revenue streams, debt partnerships, and additional fundraising as part of a five-year plan to fulfill its $1 trillion spending pledge to advance artificial intelligence.

Benzinga

Trump's Tariffs 'Papered Over By AI' Are Quietly Hurting Economy: 'We've Only Seen Half Of...'

A massive wave of investment in artificial intelligence (AI) is masking significant economic damage caused by Donald Trump‘s tariffs, creating a deceptive picture of the U.S. economy's health, according to investor Steve Eisman and CNBC Senior Economics Reporter Steve Liesman.

Benzinga

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Alibaba Opens Second Dubai Data Center To Boost AI Adoption

Alibaba Group (NYSE:BABA) recovered its losses from Tuesday in Wednesday premarket trading, supported by its ongoing push into artificial intelligence (AI).

Benzinga

Billionaire Gautam Adani Calls It A 'Monumental Day' As Google Partners With AdaniConneX And Airtel To Set Up $15 Billion AI Hub In India

On Tuesday, Sundar Pichai-led Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google announced plans to invest $15 billion over the next five years to build a massive artificial intelligence data center in India. This deal marks the tech giant's largest investment in the country to date.

Benzinga

Australia falling behind as experts call for AI urgency

The juice will be worth the squeeze for workers and businesses if Australia quickly and carefully forges on with artificial intelligence, industry figures say.

AAP

Intel Bets Big On AI Revival With New 'Crescent Island' Chip Built To Optimize 'Performance Per Dollar'

Intel Corp. (NASDAQ:INTC) is making a renewed push into the artificial intelligence chip market with the launch of its new "Crescent Island" GPU, a data center processor set to debut next year.

Benzinga

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OpenAI partners with Walmart to let users buy products in ChatGPT, furthering chatbot shopping push

OpenAI is partnering with Walmart to allow shoppers to make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks to boost revenue

The Independent UK

Alphabet's New Search Updates Could Boost Revenue By Enhancing Ad Visibility And User Experience

Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is updating its Search ecosystem with Artificial Intelligence (AI) Overviews, AI Mode, and a redesigned ad experience that groups text ads under a single "Sponsored Results" label, allowing users to hide them with a single click.

Benzinga

Broadcom's 10GW AI Deal With OpenAI Could Generate Up To $300 Billion Revenue, Analysts Highlight Growth From Custom Silicon And Networking Solutions

Broadcom (NASDAQ:AVGO) and OpenAI have launched a multi-year partnership to deploy 10 gigawatts of custom artificial intelligence silicon and rack-level systems, integrating compute Application-Specific Integrated Circuits (ASICs) along with Broadcom's Ethernet, Peripheral Component Interconnect Express (PCIe) and optical connectivity solutions. The deal expands beyond compute chips to networking silicon and…

Benzinga

Foundations want to curb AI developers' influence with $500 million aimed at centering human needs

Ten philanthropic foundations are committing $500 million across the next five years to place human interests at the forefront of artificial intelligence's rapid integration into daily life

The Independent UK

'A kid born in 2025 is unlikely to ever be as smart as artificial intelligence': Sam Altman thinks it's OK for AI to be smarter than us all - and I am sure we will be totally, totally fine

Sam Altman says humanity can still find happiness and purpose in an AI-driven age.

TechRadar

In defense of ‘surveillance pricing’: Why personalized prices could be an unexpected force for equity

Surveillance pricing has dominated headlines recently. Delta Air Lines’ announcement that it will use artificial intelligence to set individualized ticket prices has led to widespread concerns about companies using personal data to charge different prices for identical products. As The New York Times reported, this practice involves companies tracking everything…

The Conversation

Broadcom CEO Sees AI Adding $10 Trillion A Year To Global GDP: 'We Feel Very Good About It...'

Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan said artificial intelligence could become a much larger part of the global GDP, at a time when AI-related investments are ramping up across industries.

Benzinga

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International Business Times UK

Inside Google's $15 Billion Gamble: Why India Is Becoming the Next Global AI Superpower

Google is investing $15 billion in a massive AI and data centre hub in Andhra Pradesh, India, marking its biggest project outside the US. Here's why the company believes India is the future of artificial intelligence.

International Business Times

Google To Invest $15 Bn In India, Build Largest AI Hub Outside US

Google said Tuesday it will invest $15 billion in India over the next five years, as it announced a giant data centre and artificial intelligence base in the country.

Benzinga

Google Sends Clear Message To Investors Ahead Of Earnings: AI Isn't Killing Search — It's Making It Stronger, Says Gene Munster

As fears swirl about artificial intelligence upending Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's dominance in search, Deepwater Asset Management's Gene Munster says the company is sending one message loud and clear — AI is boosting, not breaking, its core business.

International Business Times

Nobel Economist Warns Of AI Dangers

A winner of this year's Nobel prize in economics warned Monday that artificial intelligence offers "amazing possibilities" but should be regulated because of its job-destroying potential.

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Benzinga

AI-Powered Data Centers Are Fueling A Historic Demand Spike: 15 Stocks To Watch

A wave of artificial intelligence infrastructure is sparking a massive U.S. power boom, with Goldman Sachs projecting electricity demand growth not seen since the 1990s — and it’s opening the door to new investment opportunities across the energy and tech supply chains.

AAP

Young Aussie workers fear AI but use it to get ahead

Australia's Generation Z workers are concerned artificial intelligence could shrink their career opportunities but many are still using it.

International Business Times

California Enacts First US Law Requiring AI Chatbot Safety Measures

California governor Gavin Newsom on Monday signed into law a first-of-its-kind law regulating artificial intelligence chatbots, defying a push from the White House to leave such technology unchecked.

Benzinga

Nvidia, Broadcom Highlighted As Sector Leaders Drive AI Growth Despite Buildout Risks: Analyst

BofA Securities analyst Vivek Arya highlighted key considerations for the U.S. semiconductor sector amid the artificial intelligence frenzy and potential concerns about a bubble.

Benzinga

Why Is Salesforce Investing $15 Billion In San Francisco's AI Future?

Salesforce, Inc. (NYSE:CRM) announced on Monday that it will invest $15 billion in San Francisco over the next five years to strengthen the city’s position as a global hub for artificial intelligence.

Benzinga

Intel Faces CPU Market Share Losses And Limited AI Integration, Analyst Flags Challenges

Intel (NASDAQ:INTC) struggled to maintain its moat across its central processing unit (CPU) and artificial intelligence businesses. The chipmaker also grappled with market share losses to Advanced Micro Devices (NASDAQ:AMD) and Arm Holdings (NASDAQ:ARM) in both the PC and server markets, as well as limited integration with AI accelerators, despite…

The Independent UK

Squawk Box co-host warns of similarities between today and Wall Street in 1929: ‘I can assure you, unfortunately, we will have a crash’

Financial journalist Andrew Ross Sorkin says he worries about an artificial intelligence bubble in the US

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