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OpenAI, Anthropic eye investor funds to settle AI lawsuits, FT reports
Yahoo Finance· 2025-10-08 04:08
(Reuters) -OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT) are exploring the use of investor funds to settle potential multibillion-dollar lawsuits, the Financial Times reported on Wednesday. Copyright owners have launched a series of high-stakes lawsuits against tech firms, including OpenAI, Microsoft (MSFT), and Meta Platforms (META), alleging unauthorized use of their material to train AI systems. OpenAI, which has tapped Aon, has secured coverage of up to $300 million for emerging AI risks, the report sa ...
Dell Technologies Stock Strength Rating Keeps Rising; Nearing The Benchmark For Takeoff?
Investors· 2025-09-29 18:27
BREAKING: Futures Fall After Dow Sets Record Close Computer giant Dell Technologies' (DELL) stock trades above its 50-day and 21-day lines as it rises toward its latest buy point. Additionally, the Relative Strength Rating for Dell stock climbed into a higher percentile Monday, rising from 69 last week to 74. Dell's AI systems use Nvidia (NVDA) processors. Among its other key ratings Dell has a 91 EPS Rating out of 99, and an 84 Composite Rating. Its B- Accumulation/Distribution Rating on an A+ to E scale s ...
Stock market today: Nasdaq, Dow, S&P 500 rise as Alibaba spreads AI cheer
Yahoo Finance· 2025-09-23 23:03
US stocks rose on Wednesday, eyeing a return to their record-setting run as Alibaba's (BABA) spending plans lifted hopes for a continuation of the AI-fueled tech rally. The tech-heavy Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) moved up nearly 0.3%, while the S&P 500 (^GSPC) nudged around 0.2% higher. Tech stocks are shaping up for a slight comeback, after the major gauges snapped a win streak on Tuesday amid losses for "Magnificent Seven" megacaps. Alibaba stock jumped over 8% ...
Nvidia stock jumps on $100 billion OpenAI investment as Huang touts 'biggest AI infrastructure project in history'
Yahoo Finance· 2025-09-22 17:17
Nvidia (NVDA) stock jumped roughly 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement that the partnership will allow OpenAI to deploy "at least 10 gigawatts" of compute capacity from the chipmaker's AI systems to train and run the ChatGPT maker's next generation of artificial intelligence models. The first phase of that compute capacity utilizing Nvidia's upcoming Vera Rubin platform is set to come online in th ...
Nvidia stock jumps on $100 billion OpenAI investment
Yahoo Finance· 2025-09-22 17:17
Nvidia (NVDA) stock jumped nearly 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement that the partnership will allow OpenAI to deploy “at least 10 gigawatts” of compute capacity from the chipmaker’s AI systems to train and run the ChatGPT-maker’s next generation of artificial intelligence models. The first phase of that compute capacity utilizing Nvidia’s upcoming Vera Rubin platform is set to come online in the ...
Aeries Technology Signs Multi-Million Deal To Expand AI Capabilities And India Footprint For New Client
Globenewswire· 2025-09-18 13:00
Group 1 - Aeries Technology, Inc. has announced a multi-year partnership with a global marketing and technology company, expected to generate up to $8 million in annual contract value, aimed at establishing its presence in India and enhancing AI delivery capabilities [1][2] - The initiative will focus on scaling high-impact teams primarily in high-end AI roles, which will develop production-grade AI systems, intelligent data pipelines, and decision-making tools to improve speed to market and deliver measurable business outcomes [2] - The CEO of Aeries Technology highlighted that the company plans to add over 500 new roles across India and Mexico, emphasizing the importance of enabling global enterprises to access high-end AI and digital talent while driving value creation rapidly [3] Group 2 - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation, particularly for private equity portfolio companies, and has been certified as a Great Place to Work for two consecutive years [3]
Susquehanna Raises Hewlett Packard Enterprise (HPE) PT to $21, Cites Juniper Networks Acquisition
Yahoo Finance· 2025-09-11 17:01
Group 1 - Hewlett Packard Enterprise (HPE) is considered one of the best inexpensive stocks to buy according to hedge funds, with a price target raised to $21 from $16 by Susquehanna analyst Mehdi Hosseini [1] - HPE achieved total revenue of $9.1 billion, an 18% year-over-year increase, driven by AI, networking, and hybrid cloud segments [2] - The networking segment, now including Juniper Networks, saw a 54% year-over-year revenue increase to $1.7 billion, contributing approximately 50% to HPE's non-GAAP consolidated operating profit [3] Group 2 - The server segment revenue reached $4.9 billion, reflecting a 16% increase, while AI systems revenue hit an all-time high of $1.6 billion, with AI orders nearly doubling sequentially [3] - HPE has a record AI backlog of $3.7 billion, indicating strong future demand in the AI sector [3] - The acquisition of Juniper Networks is expected to generate at least $600 million in cost synergies over the next three years [2]
Micropolis to Participate in the H.C. Wainwright 27th Annual Global Investment Conference
Globenewswire· 2025-09-03 13:00
Company Overview - Micropolis Holding Co. is a UAE-based company specializing in unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications [3] - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [3] Conference Participation - Micropolis's management team will participate in the H.C. Wainwright 27th Annual Global Investment Conference from September 8-10, 2025, in New York City [1] - The management will engage in one-on-one investor meetings during the conference [1] Conference Details - The presentation will be available on demand starting from 7:00 a.m. ET on September 5, 2025 [2] - The conference will take place at the Lotte New York Palace Hotel [2] - Additional information can be obtained through H.C. Wainwright representatives or by contacting KCSA Strategic Communications [2]
Micropolis Establishes Strategic Partnership with Hader Security and Communication Systems
GlobeNewswire News Room· 2025-07-16 13:00
Core Viewpoint - Micropolis Holding Co. has signed a Memorandum of Understanding with Hader Security and Communication Systems to form a strategic partnership aimed at integrating AI and autonomous mobility with reliable communication infrastructure for public and private sectors [1][4]. Group 1: Partnership Details - The partnership will leverage Micropolis' expertise in AI and autonomous robotics alongside HSCS's capabilities in mission-critical communications technologies to deliver integrated, high-performance solutions globally [3][5]. - The collaboration will focus on designing, developing, and deploying integrated robotic and communication solutions across various sectors, while also identifying joint business opportunities [4]. Group 2: Company Profiles - Micropolis Holding Co. specializes in unmanned ground vehicles, AI systems, and smart infrastructure for urban, security, and industrial applications, with capabilities spanning mechatronics, embedded systems, and AI software [6]. - Hader Security and Communication Systems is a leading provider of integrated security and communication solutions in the UAE, focusing on state-of-the-art technologies for critical infrastructure and government operations [8].
Micropolis Announces Subsidiary Name Change
Globenewswire· 2025-06-23 13:00
Core Viewpoint - Micropolis Holding Co. has renamed its subsidiary to Micropolis Robotics FZ-LLC to better reflect its expanding portfolio in autonomous robotic platforms and AI solutions [1][2]. Company Overview - Micropolis is a UAE-based company specializing in unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications [2]. - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [2]. Recent Developments - The name change is part of the company's strategic growth and is linked to collaborations, including a partnership with SEE Holding Ltd at The Sustainable City 2.0 and a Memorandum of Understanding with Emirates Steel [1]. - The CEO of Micropolis emphasized that the renaming aligns with the company's identity as a robotics firm and highlights its commitment to innovative autonomous solutions [2].