SoftBank Q1 Profit Beats on Intel Gain as OpenAI Sits Out
SoftBank Group reported fiscal first-quarter net profit of 347.3 billion yen ($2.2 billion), beating the 120.23 billion yen LSEG consensus by a wide m
OpenAI
Every Fin-node story mentioning OpenAI — 30 stories, newest first.
OpenAI · 30 stories
Shopify shares jump 17 percent on AI-driven quarter
Shopify shares surged more than 17 percent on Wednesday after the Ottawa-based e-commerce platform posted a second quarter that answered the market’s
SpaceX Revenue Doubles on Compute Pivot While Shares Slide
SpaceX posted $7.8 billion in second-quarter revenue, a 92 percent jump from $4 billion a year earlier, driven by a compute-hosting pivot that the com
Amazon Lifts CapEx to $220 Billion as Cloud Growth Hits 43%
Amazon raised its 2026 capital expenditure target to $220 billion from $200 billion Thursday, pointing the bulk of the increase at AI infrastructure a
Palantir revenue surges 93% on commercial AI demand
Palantir reported second-quarter revenue of $1.94 billion, a 93% jump from a year earlier that blew past the $1.8 billion consensus and sent shares up
Altman's $3.3 Billion Portfolio Built Without OpenAI Equity
Sam Altman has accumulated a $3.3 billion net worth while owning zero equity in the $852 billion company he runs, a structure that makes his fortune a
SoftBank Hitachi LG back Zenity $125M round
Zenity, a Tel Aviv-based cybersecurity startup that secures AI agents inside corporate systems, has raised a $125 million Series C led by Norwest with
Palantir commercial revenue surges 149% on AI sovereignty demand
Palantir’s U.S. commercial business grew 149% to $764 million in the second quarter, the line item that blew past every model on the Street and sent s
OpenAI Hits 1 Billion Active Users as Price Cuts Deepen Enterprise Push
OpenAI’s models now reach more than 1 billion active users and 2 million businesses, Chief Financial Officer Sarah Friar wrote in a blog post publishe
Microsoft posts $90 billion quarter on AI gains
Microsoft beat analysts’ expectations in the fiscal fourth quarter ended June, reporting $90 billion in revenue and $35.8 billion in net income. The r
Amazon Completes Fifty Billion Dollar OpenAI Bet
Amazon has finished writing the checks. The company disclosed in a Friday SEC filing that it has deployed the full $50 billion it pledged to OpenAI in
Samsung Q2 profit surges 19-fold on AI chip demand
Samsung Electronics posted a record 89.5 trillion won ($62 billion) in operating profit for the June quarter, a more than 19-fold increase from a year
Microsoft's $678 Billion Backlog Towers Over Two Years of Revenue
Microsoft's fiscal fourth-quarter report arrived with the usual cascade of growth metrics, revenue up 18%, Azure accelerating to 43%, earnings per sha
Meta Shares Plunge On $145 Billion AI Spend Plan
Meta shares dropped more than 8% after hours as the company laid out a $130 billion to $145 billion AI investment plan for the year while missing seco
Nvidia's $750 Billion Circular Financing Loop
Nvidia is assembling a fresh round of AI infrastructure deals worth more than $750 billion, a scale that would make it simultaneously banker, supplier
Microsoft logs $3.2 billion Anthropic gain in single quarter
Microsoft's $5 billion bet on Anthropic produced a $3.2 billion paper gain in the June quarter, a one-period windfall that nearly matched the full-yea
Microsoft Stock Surges 17 Percent on Azure Beat
Microsoft shares jumped as much as 17 percent on Thursday, adding roughly $483 billion in market value in a single session, the biggest one-day gain s
Azure Hits $100 Billion Annual Revenue
Microsoft’s Azure cloud business crossed $100 billion in annual revenue for the first time in the fiscal year just ended, a 41 percent jump from $75 b
Nvidia weighs $250 billion guarantee for OpenAI Ohio campus
Nvidia is in talks to guarantee roughly $250 billion of debt so OpenAI can lease a 10-gigawatt data center campus in Piketon, Ohio, from SoftBank’s SB
Chip Rout Deepens as AI Spending Doubts Rattle Markets
Chip stocks tumbled across Asia and the US on Tuesday as investors questioned whether the billions flowing into AI infrastructure will ever earn a pro
UK directs £708m to Tempest fighter programme
The UK has pumped £708 million into its future fighter jet programme, known as Tempest, according to a source published 23 July. The funding lands alo
Blackstone Hits $1.35 Trillion AUM on Data Center Surge
Blackstone’s assets under management climbed to a record $1.35 trillion in the second quarter, an 11 percent increase from a year earlier, as the firm
Nvidia offers $250 billion backstop for OpenAI data center
Nvidia is in talks to put roughly $250 billion in financing guarantees behind OpenAI, a commitment that would anchor a 10-gigawatt data center campus
AI Lobbying Surges as Big Tech and Defense Pull Back
OpenAI and Anthropic spent a combined $3.17 million on federal lobbying in the second quarter, a 23 percent jump from the first three months of the ye
Amazon's Forty Four Billion Quarter Versus Shopify's Five Million
Amazon and Shopify both beat Q1 revenue estimates, but the real story is the widest capex gap in modern commerce. Amazon poured $44.2 billion into inf
Nvidia's $20 Trillion Valuation Bet Hinges on Data Center Surge
Jensen Huang is betting that global data center capital expenditures will hit $4 trillion annually by 2030, a fivefold jump from an estimated $800 bil
Fireworks Hits $17.5 Billion Valuation on Open AI Demand
Fireworks, the Nvidia-backed inference cloud startup, has raised $1.5 billion at a $17.5 billion valuation after hitting $1 billion in annualized reve
Goldman Sachs Shares Hit Record After Blowout Quarter
Goldman Sachs shares surged 7.5 percent to an intraday record of roughly $1,136 on Tuesday after the bank reported second-quarter revenue that jumped
Amazon chip commitments top $225 billion as AWS silicon scales
Amazon chief executive Andy Jassy put a striking figure on the company’s in-house silicon effort during the first-quarter earnings call in April, sayi
Fireworks AI reaches $17.5 billion valuation as enterprises hunt cheaper inference
Nvidia-backed Fireworks AI said Thursday it has raised $1.5 billion at a $17.5 billion valuation after annualized revenue surged past $1 billion, a fi