Browsing: AI

Dell’s fiscal fourth-quarter earnings exceeded analysts’ expectations, driven by strong demand for AI infrastructure. The company’s server and networking revenue experienced significant growth.

An AI-generated video depicting a futuristic Gaza as a luxurious vacation resort, shared by Donald Trump, has drawn criticism and highlighted the spread of AI-generated content.

Meta Platforms is planning to test a paid subscription service for its AI-powered chatbot, Meta AI, according to a source familiar with the matter. This move aligns with similar offerings from competitors like OpenAI and Microsoft.

SoundHound AI’s stock price jumped after hours following a strong fourth-quarter report, driven by significant revenue growth and positive guidance for the coming year.

Dell’s fourth-quarter results showed a mixed performance, with revenue falling short but earnings exceeding estimates. The company is optimistic about its AI server business.

Dell’s stock dipped after the company forecast a decline in its adjusted gross margin rate for fiscal year 2026 amid rising costs for artificial intelligence servers. Despite this, the company’s AI server revenue is expected to surge.

U.S. equities experienced a downturn on Thursday, February 27, influenced by tariff announcements and a decline in semiconductor and AI stocks, led by Nvidia.

Congressman Jay Obernolte, a key figure in AI policy, expresses optimism about passing significant AI legislation and plans to reintroduce the CREATE AI Act.

Data cloud company Snowflake is launching an AI hub in Menlo Park, California, and plans to invest up to $200 million in early-stage AI startups.

Dell’s AI server backlog has dramatically increased, driven by substantial agreements with companies like xAI.