ai – Page 10 – Freedom 96.9

CoreWeave tops revenue estimates as AI boom supercharges cloud demand

Thursday, May 7 by SRN News

May 7 (Reuters) - CoreWeave Inc beat analysts' estimates for quarterly revenue on Thursday, as the specialized cloud provider tapped into strong demand for its high-performance computing services used to train and deploy artificial intelligence models. The company's shares were flat in volatile extended trading... Read More.

Morning Bid: No stopping AI frenzy in Asia

Thursday, May 7 by SRN News

A look at the day ahead in European and global markets from Ankur Banerjee Japan's Nikkei returned from holiday and jumped onto the scorching AI rally, joining South Korea and Taiwan equities at record peaks, while oil prices hovered near $100 per barrel as markets... Read More.

Protester comes down from atop Washington bridge ending 5-day stand against AI and Iran war

Wednesday, May 6 by SRN News

WASHINGTON (AP) - A protester who camped out atop one of Washington's bridges for five days came down Wednesday morning, ending his stand against AI and the war in Iran. Guido Reichstadter, a Florida-based activist, was seen coming down from one of the arches of... Read More.

Wall St opens higher as Middle East peace hopes, AI optimism boost sentiment

Wednesday, May 6 by SRN News

May 6 (Reuters) - Wall Street's main indexes opened higher on Wednesday, extending their strong run on hopes of a potential U.S.-Iran peace agreement and sustained enthusiasm around artificial intelligence. The Dow Jones Industrial Average rose 143.9 points, or 0.29%, at the open to 49,442.19.... Read More.

US stock index futures rise on Middle East peace hopes, AI optimism

Wednesday, May 6 by SRN News

May 6 (Reuters) - Wall Street futures climbed on Wednesday, buoyed by hopes of a U.S.-Iran peace agreement and unrelenting optimism around artificial intelligence. The rally, which took the S&P 500 and the Nasdaq Composite indexes to record highs on Tuesday, showed few signs... Read More.

BHP CFO says new investors buying in on copper exposure, AI demand

Wednesday, May 6 by SRN News

By Scott Murdoch and Melanie Burton SYDNEY, May 6 (Reuters) - BHP's Chief Financial Officer Vandita Pant said on Wednesday that a new and broader set of investors were buying into the company as AI demand makes its exposure to copper more valuable. Shares in BHP,... Read More.

The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally

Wednesday, May 6 by SRN News

HONG KONG (AP) - On a recent weekday, around 50 people gathered outside the headquarters of a Chinese mobile internet company, waiting to get help with installing an artificial intelligence assistant. The scene in Beijing, China's capital, was repeated for days at several events and... Read More.

AI boom drives a rally in buying of tech shares, pushing South Korea’s Kospi to a record

Wednesday, May 6 by SRN News

TOKYO (AP) - South Korea's Kospi soared nearly 7% to a fresh record on Wednesday as Samsung Electronics' stock jumped nearly 13% in a rally driven by expectations of strong growth in artificial intelligence and hopes for progress in ending the U.S.-Iran war. Shares in... Read More.

Asia markets hit records on AI euphoria, Iran peace hopes

Tuesday, May 5 by SRN News

By Gregor Stuart Hunter SINGAPORE, May 6 (Reuters) - Stocks leapt, oil prices sank and the dollar dropped in the Asian morning on Wednesday after U.S. President Donald Trump touted "great progress" towards a "final agreement" with Tehran, while momentum in AI-driven trades accelerated. Trump said... Read More.

Factbox-What we know about US stress tests of Google, xAI and Microsoft AI models

Tuesday, May 5 by SRN News

By Courtney Rozen and Jody Godoy WASHINGTON, May 5 (Reuters) - The Trump administration on Tuesday announced it had expanded a program to give U.S. government scientists access to unreleased artificial intelligence models to conduct risk assessments to include Google's DeepMind, xAI and Microsoft. ChatGPT maker... Read More.

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Stories tagged with: ai

Morning Bid: No stopping AI frenzy in Asia

Protester comes down from atop Washington bridge ending 5-day stand against AI and Iran war

Wall St opens higher as Middle East peace hopes, AI optimism boost sentiment

US stock index futures rise on Middle East peace hopes, AI optimism

BHP CFO says new investors buying in on copper exposure, AI demand

The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally

AI boom drives a rally in buying of tech shares, pushing South Korea’s Kospi to a record

Asia markets hit records on AI euphoria, Iran peace hopes

Factbox-What we know about US stress tests of Google, xAI and Microsoft AI models

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