Shares of Microsoft and Alphabet dropped on Tuesday amid investors' concern about the high cost of AI development.
Tags: Artificial intelligence
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Microsoft surpassed analyst expectations on Tuesday, as its heavy investment in artificial intelligence (AI) produced good results.
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Elon Musk took to social media to deny a report claiming that his AI startup, xAI, has secured $500 million in commitments from investors.
Tesla CEO Elon Musk said he would be uncomfortable leading the automaker in artificial intelligence (AI) and robotics without securing at least 25% voting control of the company.
The International Monetary Fund (IMF) has warned that almost 40% of global jobs could be impacted by the growing influence of artificial intelligence (AI).
Walmart has revealed its ambitious foray into artificial intelligence (AI) and drone technology to improve its customers' shopping experience.
Isomorphic Labs, a subsidiary of Alphabet Inc., is set to accelerate AI-driven drug discovery after it entered into strategic research collaboration agreements with Novartis AG and Eli Lilly & Co.
Billionaire tech leader Romesh Wadhwani, 75, has expressed a sense of falling behind in the rapidly evolving landscape of artificial intelligence (AI).
Advanced Micro Devices (AMD) has experienced a notable spike in its shares after unveiling its new artificial intelligence (AI) chips.
