Wall Street climbed in Wednesday holiday week trading as AI cloud provider CoreWeave soared nearly 22 percent after disclosing 9 billion dollars in upcoming customer prepayments, propelling Micron Technology up 11.7 percent and lifting the Nasdaq 1.6 percent.
Wall Street climbed in Wednesday holiday week trading as AI cloud provider CoreWeave soared nearly 22 percent after disclosing 9 billion dollars in upcoming customer prepayments, propelling Micron Technology up 11.7 percent and lifting the Nasdaq 1.6 percent.
Red Hat launched Red Hat AI 3.4, Ansible 2.7, and a joint AI Factory architecture with Nvidia supporting Blackwell and Vera Rubin systems, escalating competition in enterprise agent infrastructure just as Google unveiled eighth generation TPU 8tx and 8i Max cloud accelerators.
Microsoft delivered fixes for 1,259 security vulnerabilities in its November Patch Tuesday release, led by an actively exploited Outlook spoofing zero day that leaks NTLMv2 credentials, while cloud hosting platform Railway revealed attackers stole stored customer AI keys to rack up 740,000 dollars in fraudulent compute charges.
Nvidia stock climbed more than 5 percent Wednesday after a 430 billion dollar two day rout as the chipmaker retained law firm Wachtell Lipton to investigate security risks, President Donald Trump said CEO Jensen Huang had no idea of any spy link, and a GOP senator called for Huang to step down.
Boeing announced a 5 percent workforce reduction across its Commercial Airplanes division starting in December after pushing its 737 production target into 2027, as Japan's SoftBank Group reported a 1.1 trillion yen quarterly net loss tied to aggressive US artificial intelligence data center spending.
The Senate voted 62 to 21 Tuesday evening to advance the Bipartisan American Affordability and Jobs Act, speeding federal power line and pipeline approvals while directing regulators to shift an estimated $55 billion in grid upgrade costs onto large data centers.
Hours after launching its blockbuster Nasdaq IPO roadshow on Tuesday, Anthropic unveiled Claude Sheets, Claude Whiteboards, Claude Data, and interactive app connectors, knocking Microsoft shares lower as Claude steps directly onto Excel and Power BI turf.
CoreWeave topped Wall Street expectations and its own third quarter guidance on Tuesday with 3.66 billion dollars in revenue and 379 million dollars in adjusted operating income, lifting full year 2026 guidance even as quarterly net interest costs climbed to 846 million dollars.
Hugging Face strategy chief Irene Solaiman warned Tuesday that escalating hacks targeting open AI platforms risk forcing stricter access barriers just as AI inference startup Fireworks AI enlisted Unit 42 after attackers breached a cloud provider and accessed customer model weights and datasets.
President Donald Trump confirmed the FBI is examining Nvidia CEO Jensen Huang's disclosed affair with an alleged Chinese intelligence operative as board director Stephen Neal leads an internal review, shareholders file suit in San Jose, and Wall Street trims price targets ahead of November 17 earnings.
Artificial intelligence developer Anthropic launched its Nasdaq IPO roadshow Tuesday with an amended SEC filing offering 825 million Class A shares at 70 to 78 dollars apiece to raise up to 64.35 billion dollars publicly alongside a 26 billion dollar private placement from seven chip and cloud giants.
German semiconductor maker Infineon closed fiscal 2026 with a record €4.706 billion quarter and forecast roughly €20 billion in fiscal 2027 revenue as artificial intelligence server halls and grid upgrades drive power chip demand.
Senator Ed Markey asks Google to let schools disable generative AI without losing Search. His request challenges the available controls but does not create a new law.
The reported purchase covers commitments for 1.7 gigawatts of equipment. It highlights the gap between securing generators and delivering usable AI capacity.
Presidents and prime ministers from nearly 200 nations opened high level speeches at COP31 in Antalya on Wednesday as Turkish summit president Murat Kurum and Australian negotiations chief Chris Bowen pressed governments to lift electricity to 35 percent of global energy use by 2035.
IBM confirmed it is discontinuing US work visa and green card sponsorship for the majority of positions inside IBM Consulting, leaving affected foreign staff to relocate outside the United States or depart the company by year end.
Following Oval Office talks with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani and steep Republican midterm losses blamed partly on energy shocks, President Donald Trump said renewed US strikes on Iran are highly unlikely while maintaining a naval port blockade as Brent crude dipped below 90 dollars.
Defense Secretary Pete Hegseth stepped to the Pentagon podium Tuesday for his first news conference since May to blast Republican Rep. Thomas Massie's eight article impeachment resolution over the Iran war as a farce and policy dispute ahead of a looming House floor vote.
Top Group of Seven diplomats are meeting Ukrainian Foreign Minister Andrii Sybiha in Paris on Tuesday even as American envoys convene Russian and Ukrainian negotiators in Abu Dhabi without European governments in the main room.
British telecom group Vodafone lifted its fiscal 2027 earnings and free cash flow targets after first half revenue rose 11.4 percent to €21.9 billion, even as accounting charges in Germany and Britain produced a €3.6 billion statutory loss.
No matching articles in Artificial intelligence.
Only published, approved articles appear in the news positions above.