Amazon inks $38B deal with OpenAI for Nvidia chips
Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing...
Cloudflare shares rise to record after beating sales outlook
Cloudflare Inc. shares surged to a record after posting better-than-expected sales figures that topped quarterly and annual estimates, following a...
Meta, Microsoft test investors with 89% AI-fueled spending surge
The largest technology companies are betting on an AI future powered by gigantic data centers filled with humming servers. Now...
Visa earnings top estimates as consumers spend on cards
Visa Inc. reported fiscal fourth-quarter earnings that topped estimates as consumers continued to swipe, tap and insert their credit cards...
Fiserv shares tumble a record 46% after profit forecast slashed
Fiserv Inc. plunged by the most ever after the fintech slashed its outlook for full-year earnings and announced a broad...
Sequoia Capital invests in AI tool that could replace junior bankers
Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies Inc., a startup...
Financial data network Plaid launches a consumer credit score
The financial-technology firm Plaid Inc. is launching a credit-score service to provide banks and fintechs more detailed and timely information...
LendingTree founder, CEO Douglas Lebda dies in ATV accident
Douglas Lebda, the founder and chief executive officer of LendingTree Inc., died Sunday following an all-terrain vehicle accident. He was...
AI’s growth leaves financial regulators struggling to catch up
Regulators are still at an “early stage” in their efforts to track the risks posed to the financial system by...
JPMorgan’s Dimon says AI cost savings now match money spent
Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing artificial intelligence technology, and saves about...
