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SoftBank Group is planning to create and list a standalone artificial intelligence and robotics company in the U.S. as early as this year, the Financial Times reported on Thursday. The new entity, to be called "Roze," will focus on building data centers and using robotics to impr

Nvidia's venture arm, NVentures, has invested in Swedish AI legal tech Legora at a $5.6 billion valuation, as the chip giant continues to ramp up startup funding across the globe. Legora on Thursday exclusively told CNBC that Nvidia had backed it as part of a $50 million extensio

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Tech companies are racing to build out infrastructure that can further drive the automation boom. Now, Japanese multinational SoftBank reportedly plans to create a new company designed to automate the creation of that infrastructure. SoftBank is putting together a new business ca

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Google to sell its TPUs to some customers, who also fancy big-G GPUs AI is driving more searches and ads Google Cloud will start selling its custom tensor processing units to some customers, because they want them and the search giant wants to diversify its revenues. News of the

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Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

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Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that topped analysts' expectations. The stock was up more than 4%, after bouncing around in extended trading. Here's how the company did, compared with estimates f

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Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business. Shares climbed following the report. - Earnings per share: $5.11 - Revenue: $109.9 billion vs $107.2 billion expected by analysts pol

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Microsoft reported better-than-expected quarterly results on Wednesday and told investors that capital expenditures for the year will reach $190 billion due to soaring memory costs. Here's how the company did in comparison with LSEG consensus: - Earnings per share: $4.27 adjusted

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Meta shares fell about 7% in extended trading on Wednesday after the company reported lower-than-expected capital expenditures, or capex, and missed on user growth. Meta attributed its quarter-over-quarter drop in users in part to "internet disruptions in Iran." Here's how the co

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As Meta pumps increasing amounts of cash into artificial intelligence, the company's metaverse efforts continue to bleed money. In its first-quarter earnings report on Wednesday, Meta revealed that its Reality Labs division recorded an operating loss of $4.03 billion while bringi

Microsoft lifts 2026 AI spend by $25 billion to cover component price rises Will write checks for $190 billion and even those megabucks may not satisfy demand If you've felt the sting of surging hardware prices, Microsoft can sympathize because the company on Wednesday said it ex

Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they're going to keep pouring money into artificial intelli

For as popular as small form factor PCs have and continue to be, one of the more surprising aspects of the PC market is that we are seeing fewer and fewer low-profile video cards released for them. Once a mainstay of a complete video card lineup, these days, low-profile cards are

Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country’s fast-growing instant payments network. Executives representing platforms including Amazon Pay, WhatsApp, CRED, MobiKwik, and

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Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels. Amazon’s cloud business is the latest example. Amazon

Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources famil