Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...

UPS stock has taken a beating this year. But artificial intelligence could be the key to getting margins back on track.

Federal Reserve Chair Jerome Powell said Wednesday he did not believe the massive growth in artificial intelligence (AI) ...

Yet the scale of AI infrastructure projects appears to be driving more borrowing. Meta’s latest debt offering on Oct. 30 included multiple tranches, ranging from $4 billion to $6.5 billion in ...

Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has pushed valuations to ...

However, the Fed chair noted that the growth is unevenly distributed and concentrated among only a few companies.

Bill Gates says the AI rush mirrors the dot-com boom as Nadella recalls his skepticism over Microsoft’s early OpenAI bet.

By Faith Hung and Jeanny Kao TAIPEI (Reuters) -Taiwan plans to raise its economic growth forecast this year to more than 5% ...

Tokyo Electron Ltd. issued a cautious annual outlook, signaling that Beijing’s drive to build its own chip supply chain is ...

The global AI boom is supercharging investment across nearly every energy sector - from geothermal to nuclear fusion - while ...

Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales ...