Alibaba’s AI and Cloud Revenue Surge 38% Despite Overall Growth Slowdown
Alibaba reported a 38% revenue increase in its Cloud Intelligence Group, driven by AI demand, even as overall revenue grew just 3% to $36 billion. The...
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Anthropic Warns Investors: Tokenized Shares Are Invalid, Crypto AI Tokens Crash 34%
Anthropic clarified that unauthorized tokenized shares are void and not recognized on its books. Crypto tokens like ANTHROPIC on PreStocks, marketed a...
Meta Reports 20 Million User Decline in Q1 Despite AI Investment Plans
Meta plans to invest billions in AI this year, yet its platforms lost 20 million daily active users in Q1. The decline is linked to internet disruptio...
AI Industry's Rapid Shifts: OpenAI, Google, Anthropic Battle for Dominance
The AI sector is caught in a cycle of rapid leadership changes, with OpenAI, Google, and Anthropic leapfrogging each other in performance and market s...
Google Search Queries Reach Record High in Q1 2026, Alphabet Reports Strong AI-Driven Growth
Google Search queries hit an all-time high in Q1 2026, Alphabet CEO Sundar Pichai announced. AI investments and the full stack approach fueled revenue...
IREN’s Strategic Pivot: Why Bernstein Sees AI Cloud as the Future Over Bitcoin Mining
Bernstein analysts argue that IREN’s future lies in becoming a hyperscale AI cloud operator rather than continuing Bitcoin mining. The firm slashed it...