Citigroup: OpenAI will become Broadcom's fourth largest customer, with delivery expected in the second half of next year.

Will OpenAI start another bloody battle in the chip market by switching from nvidia's GPUs to broadcom's ASICs?

wallstreetcn12minutes ago

Express News | CrowdStrike's update caused Windows systems to experience a blue screen error. CrowdStrike's stock dropped by 6% and Microsoft's stock dropped by 2% in overnight trading.

Moomoo 24/727minutes ago

Microsoft Cloud Outage Grounds Flights, Disrupts Operations Of Frontier, Allegiant, And Sun Country Airlines, Leading To Hundreds Of Cancellations And Delays

A widespread Microsoft Corp. (NASDAQ:MSFT) cloud service disruption on Thursday led to the grounding and cancellation of flights for several airlines, including Frontier Group Holdings Inc. (NASDAQ:ULCC), Allegiant Travel Company (NASDAQ:ALGT), and Sun Country Airlines (NASDAQ:SNCY).

Benzinga01:53 ET

Goldman Sachs' top stock analyst: AI will not trigger an economic revolution, the bubble will burst eventually.

Jim Covello believes that the economic benefits brought by AI are not even comparable to those of smart phones and the internet; AI replaces low-paying jobs with expensive technology, which is completely opposite to the technological transformation that has occurred in the technology industry in the past thirty years.

wallstreetcn18:18 ET

BofA Downgrades Elevance Health On Medicaid Pressure And Lowered Peer Valuations

Wednesday, Elevance Health Inc. (NYSE:ELV) reported second-quarter revenues of $43.2 billion, down 0.4% year-over-year, marginally above the consensus of $43.05 billion. The decrease was driven by

Benzinga14:50 ET

The "promising company" mentioned by Musk has reached a major agreement! Together with partners, they will build a giant AI datacenter.

Goodbye bitcoin, hello AI! Digital currency miners continue to send this signal. Technology company Lancium and one of the largest bitcoin mining companies in the USA, Crusoe Energy Systems, announced a deal worth billions of dollars on Thursday morning. The plan is to build a 200-megawatt datacenter in the suburbs of Houston, Texas, USA, and this is just the first phase of a larger 1.2 gigawatt datacenter construction plan.

wallstreetcn14:28 ET