Computing power has become the lifeblood — and a key limiting factor — of the race to develop AI, as the push to integrate the technology into daily life clashes with the finite supply of one of its ...
Stephen Byrd, Morgan Stanley, joins 'Power Lunch' to discuss the price target increases for AI infrastructure companies, the public data center companies and much more. Got a confidential news tip? We ...
Recursion Pharmaceuticals is trying to solve a serious problem. Even with technological improvements, the time and costs required to develop brand-new drugs have increased in recent decades. It can ...
Earlier this month, Anthropic surprised the AI world with a deal to buy 300 megawatts’ worth of compute — securing the entire output of the Colossus 1 data center near Memphis, Tennessee. Turns out, ...
Google’s powerful in-house chips and booming cloud business have made computing power so coveted that even its own AI researchers struggle for access, competing with revenue-generating customers and ...
Recursive Superintelligence has raised $650 million at a $4.65 billion valuation in a funding round led by GV and Greycroft, according to the company. The round also included participation from AMD ...
Recursive Superintelligence Inc., a startup that hopes to develop self-improving artificial intelligence models, launched today with $650 million in funding. Alphabet Inc.’s GV fund and Greycroft led ...
As the semiconductor industry grapples with the growing energy demands of artificial intelligence, Cyient Semiconductors is repositioning itself away from being a ...
The idea of “compute futures” or even a “compute dollar” has moved quickly from scifi to serious discussion, largely because artificial intelligence has turned compute into a critical economic input.
Elon Musk’s SpaceX has signed a deal to provide computing capability for Anthropic as the demand ramps up for the artificial intelligence firm’s products. In an announcement Wednesday, the companies ...
Chris Gibson built the pioneering AI biotech Recursion Pharmaceuticals on a foundation of bold promises. But after more than a decade at the helm, Gibson stepped down as CEO in November 2025. And his ...
PHOENIX — The state has a new utility assistance program to help Arizonans with their power bill this summer. Power AZ has $15 million through Sept. 30 for the program, which is open to more people ...
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