Nvidia (NVDA) shares rose as much as 1.9% in early trading Tuesday, hitting another all-time high at $243.37. The stock has gained roughly 28% this year, adding about $1.3 trillion to Nvidia’s market capitalization and taking its value to just below $5.8 trillion. That puts Nvidia within striking distance of becoming the first company to
ChatGPT for Teens is nowhere near as safe for teenagers as OpenAI claims it to be, a new report has found. Common Sense Media’s Youth AI Safety Institute has flagged serious concerns over the teen-focused version of the popular AI chatbot. The institute has said that the chatbot carries an “unacceptable risk” and advised OpenAI
SpaceX SPCX stock fell 2.5% Thursday as investors looked ahead to another major lockup expiration that could increase the supply of shares available for trading. Up to 328.4 million shares are scheduled to become eligible for sale on October 9, giving existing shareholders the option to cash out. The stock’s decline broadly tracked the wider
The artificial intelligence stocks saw a sell-off on Thursday after reports said OpenAI’s reported annualised revenue was $20 billion short of previously reported figures. The report raised questions about whether the revenue generated by AI companies can justify the sector’s substantial investment in chips, data centres and computing infrastructure. The figure was around $50 billion,
OpenAI’s annualised revenue is approaching $50 billion, the Financial Times reported, citing financial documents shared with investors, falling about $20 billion short of previously reported figures. The discrepancy could temper expectations around the pace of demand for artificial intelligence services as investors closely track revenue growth at OpenAI and rival Anthropic. Annualised revenue figures have
SpaceX SPCX shares look set to end a three-day winning streak Wednesday, falling around 1.6% in early trading as a broader market sell-off weighed on equities. At the time of writing, SpaceX was trading at $169.05, down around 1.6% from its previous close. All three major US stock indexes were also in the red early
SpaceX shares rose about 1.5% to $173.66 by midday Tuesday, extending a sharp rally that has pushed the stock back above its IPO price. SpaceX has taken off in recent sessions, posting gains of more than 7% on both Friday and Monday. The rally also boosted CEO Elon Musk’s net worth to more than $1
Anthropic is considering launching its initial public offering as soon as mid-November, potentially putting the artificial intelligence model maker on track to begin trading before the Thanksgiving holiday, Bloomberg News reported, citing people familiar with the matter. The company behind Claude could begin formal marketing for the IPO as early as the week of Nov.
Anthropic says it has disrupted attempts to use Claude for weapons development, mass surveillance and potentially dangerous biological research. The cases matter because AI can compress technical work that once required teams and longer timelines. The cases appear in Anthropic’s September 10 threat-intelligence report, covering activity detected between December 2025 and August 2026. The company
The artificial intelligence boom is reshaping the economics of the semiconductor industry, delivering windfall profits for memory-chip makers while giving workers greater leverage to demand a larger share of those gains. Micron Technology (MU) said on Friday that direct labour employees in Taiwan would receive bonuses equivalent to 35 to 68 months of pay for