With its latest earnings — more accurately, its almost unbelievable cloud backlog — Oracle suddenly catapulted itself into the top ranks of hyperscaler cloud providers. One big reason for that backlog: a stunning $300 billion deal to provide OpenAI with compute in that Project Stargate deal over the next five years. As a result of ...

The money gusher for marquee AI companies (and others) kept, well, gushing this week, led by Anthropic raising $13 billion at a $183 valuation. Mistral reportedly is raising at a $14 billion valuation, and OpenAI bought Statsig for $1.1 billion. That’s in addition to big rounds by AI agent startup Sierra, AI search hopeful You.com, AI inference software ...

In the most-watched tech event this week, Nvidia came up (a bit) short on earnings, but it still offered a pretty darn good growth projections. Thing is, they didn’t include any possible sales to China, which don’t seem out of the question at some point. No surprise that investors mostly gave it a pass, the ...

Are we finally reaching peak AI? Always hard to say, but investors are worried: U.S. tech stocks slid after Altman warned of a bubble, an MIT study raised doubts about how much AI is actually producing returns, and Meta was reportedly looking at cutting some AI spending, or at least freezing hiring for now. (Though it apparently ...

Intel CEO Lip-Bu Tan is getting put through a ringer, isn’t he? First Trump says he should be fired, then he praises him to the skies, then he apparently wants the government to buy a stake in the company — though given it’s Trump, that’s far from certain. Don’t miss Dave Vellante’s Breaking Analysis this ...

AI continues to suck all the air and the dollars out of the room, with a flurry of new models and new fundings this week. It’s still a breakneck race in AI, as OpenAI, Anthropic and Google all released new models and agents. In particular, OpenAI debuted its GPT-5 flagship model, which combines the reasoning ...

Palo Alto Networks is charging full speed ahead on attempting to be as much of a one-stop cyber shop as is possible in the fast-changing field, buying CyberArk for a stunning $25 billion. Investors weren’t especially happy, but properly integrated, it’s probably worthwhile long-term. And as Zeus Kerravala notes, it’s a good addition for its ...

Artificial intelligence companies are largely cheering President Trump’s “AI Action Plan” issued this week — no surprise, since it reduces regulations to make it easier for them to make money. But there could be some problems, in particular the insistence on “objective” and “anti-woke” results, which is code for “truths that Trump doesn’t like.” Besides, AI ...

At AWS Summit NYC this week, Amazon made a concerted push to help enterprises field artificial intelligence agents, and we had all the news and interviews, including Amazon Web Services CEO Matt Garman. Hardly one to be left out, OpenAI introduced a ChatGPT agent to enable browsers to accomplish multistep tasks. Meantime, OpenAI is tapping ...

With Nvidia hitting a market capitalization of $4 trillion, it’s time to wonder if we could be hitting some kind of peak in investor interest in artificial intelligence. But it sure hasn’t shown up yet. This week we saw Amazon considering another huge investment in Anthropic — perhaps to help it field an AI agent ...