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The Latest Breaking News on AI

Pure Storage Stock Slips Despite Positive Q3 Results

Pure Storage Inc (NYSE:PSTG) shares are trading lower Wednesday despite reporting third-quarter financial results that met earnings expectations and beat revenue estimates, while also raising its full-year guidance.

Benzinga

Amazon Closing The Gap In AI Race: Analysts

Amazon.com Inc (NASDAQ:AMZN) secured fresh bullish backing from Wall Street on Wednesday as analysts lauded the tech giant's "agent-driven" artificial intelligence strategy and custom chip breakthroughs unveiled at Amazon Web Services re:Invent.

Benzinga

GitLab Stock Falls After Q3 Results And Q4 Guidance Misses Midpoint, Rosenblatt Cuts Target To $55

GitLab Inc (NASDAQ:GTLB) shares moved lower on Wednesday after the company released its third-quarter results and issued fourth-quarter sales guidance that came in slightly below analyst expectations. Additionally, Rosenblatt cut its price target on the stock to $55 from $58.

Benzinga

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Is Anthropic's $300B IPO The Canary In The AI Bubble — Or The Next Tech Giant?

Anthropic is about to test just how inflated—or justified—the AI valuation curve really is.

Benzinga

Alexa Plus lets you 'jump to the scene' in any movie you describe on Fire TV

Amazon's Alexa Plus gained a huge update for users watching movies this holiday season.

Android Central

Dr. Diana K. Grauer on Why the Human Element Still Matters in an Age of Expanding AI

Grauer stresses that progress is not only measured by speed, but also by accuracy, outcome, and a deep respect for the physics and fundamentals behind a process.

International Business Times

Marvell Could See AI Revenue Double By 2028 Thanks To New Tech Deal: Analysts

Marvell Technology Inc. (NASDAQ:MRVL) shares traded higher on Wednesday after the company reported strong third-quarter earnings.

Benzinga

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‘From taboo to tool’: 30% of GPs in UK use AI tools in patient consultations, study finds

Survey shows rise in GPs using tools such as ChatGPT to produce appointment summaries and assist with diagnosis

The Guardian - UK

What's Going On With Snowflake Shares Wednesday?

Snowflake Inc. (NYSE:SNOW) is in the spotlight Wednesday ahead of third-quarter earnings after the market closes.

Benzinga

Micron is killing Crucial SSDs and memory in AI pivot — company refocuses on HBM and enterprise customers

After 29 years, Micron decided to wind down its Crucial consumer business amid switching resources to HBM memory and enterprise-grade hardware.

Tom’s Hardware

ChatGPT has prompted a ‘code red’ – and other, alternative chatbots could be coming for it

OpenAI’s system is behind both on technical prowess and personality

The Independent UK

AI Isn't Just Replacing Workers. It Is Also Making College Degrees Less Valuable And Can Leave Recent Graduates With 'Long-Lasting Scars For Decades'

Artificial intelligence has been replacing workers, and that can make colleges less valuable. CNBC detailed in a video released on YouTube that covers how AI is impacting recent graduates and how it can affect the economy.

Benzinga

Walmart Stock Just Hit A New All-Time High: What's Going On?

Walmart Inc (NYSE:WMT) shares are trading higher on Wednesday, reaching a new all-time high as the retail giant continues to demonstrate dominance in both digital commerce and physical infrastructure. Here’s what investors need to know.

Benzinga

4 Stocks to Buy for the Next Leg of the AI Rally

Bull markets are a lot like the zombies in apocalypse movies: you might think they're finally dead, but then they're back on their feet before you even have a chance to reload.

Benzinga

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news in one place.

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Benzinga

Microsoft Stock Slips as "Hesitant" Clients Reportedly Force Cuts to AI Sales Goals

Microsoft Corp (NASDAQ:MSFT) shares are slipping following reports that the tech giant has lowered its sales targets for artificial intelligence software, as clients are hesitant to buy the new tools.

Benzinga

Marvell Technology Analysts Raise Their Forecasts Following Upbeat Q3 Earnings

Marvell Technology Inc. (NASDAQ:MRVL) posted better-than-expected earnings for the third quarter and also announced the acquisition of Celestial AI on Tuesday.

Benzinga

Marvell Could Hit $10B Next Year, CEO Says — And AI Demand Is Just Getting Started

Marvell Technology Inc (NASDAQ:MRVL) just put a very loud stake in the ground: revenue could reach roughly $10 billion next year, CEO Matt Murphy said in the company's third quarter earnings call QA, and the market's reaction feels like it's still absorbing the size of that ambition. What sounded like…

Benzinga

Former Salesforce Co-CEO Bret Taylor's Startup Sierra Hits $100M ARR, Powers 95% Of Black Friday Shoppers

Former Salesforce (NYSE:CRM) co-CEO Bret Taylor’s artificial intelligence startup Sierra announced on Nov. 21 that it crossed $100 million in annual recurring revenue within seven quarters of its early 2024 launch.

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news in one place.

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Tom’s Hardware

IBM CEO warns that ongoing trillion-dollar AI data center buildout is unsustainable — says there is 'no way' that infrastructure costs can turn a profit

IBM CEO Arvind Krishna used an appearance on The Verge’s Decoder podcast to question whether the capital spending now underway in pursuit of AGI can ever pay for itself.

Benzinga

What's Going On With C3.AI Stock Ahead Of Earnings Today?

C3.ai, Inc. (NASDAQ:AI) stock is trending ahead of the company’s second-quarter earnings report, which is expected after the market closes.

Benzinga

AMD Stock Is Trending Wednesday: What's Going On?

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Wednesday morning, attempting a recovery from early-week volatility. Here’s what investors need to know.

Inverse

Amazon’s Latest AI Experiment Is Setting A Dangerous Precedent

Prime Video has launched a beta that brings AI-generated dubs to anime. Here's why that's a terrible idea.

Benzinga

AI Infrastructure Races Will Be 'Intense' In 2026, Says Google Executive. 'We Must Double Every Six Months.'

Google will need to double its serving capacity every six months in order to keep up with AI demand, a company executive told employees in an all-hands meeting earlier this month, CNBC reports.

Benzinga

Kevin O'Leary Says When He Rolled Up in His New Porsche, His Wife Mocked Him for Looking Like Every Other Bald Man in a Sports Car But He Didn't Care

Kevin O'Leary's money philosophy might be built on cold, hard numbers—but even "Mr. Wonderful" has a soft spot for flashy splurges and ridiculous regrets.

Creative Bloq

“Not using AI for animation is inhumane,” Netflix Pokémon producer says

The animator says artists don't want to draw by hand.

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